Exhibit 3.1
ARTICLES OF AMENDMENT TO
BYLAWS OF
CHARLES & COLVARD, LTD.
Pursuant to Section 55-10-20 of the North Carolina Business Corporation Act, the undersigned corporation hereby submits these Articles of Amendment for the purposes of amending its Bylaws (as amended and restated effective May 19, 2011):
| 1. | The name of the corporation is Charles & Colvard, Ltd. |
| 2. | The Bylaws are hereby amended as follows: |
| That Article 3, Section 2 of the Bylaws, as amended and restated to date, be and hereby is further amended by deleting the first sentence and inserting in its place the following: |
| “The number of directors constituting the board of directors shall be not less than four nor more than nine.” |
| 3. | The amendment was approved by the Board of Directors of Charles & Colvard, Ltd. as required by Chapter 55 of the North Carolina General Statutes. |
| 4. | These Articles of Amendment will become effective January 20, 2025. |
IN WITNESS WHEREOF, I have hereunto set my hand this 20th day of January, 2025.
| CHARLES & COLVARD, LTD. | ||
| By: | /s/ Neal Goldman | |
| Name: | Neal Goldman | |
| Title: | Chairman of the Board of Directors | |
