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4-Traders Homepage  >  Equities  >  OTC Bulletin Board  >  Celsius Holdings, Inc.    CELH

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CELSIUS HOLDINGS, INC. (OTCMKTS:CELH) Files An 8-K Other Events

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05/23/2017 | 03:26pm CEST

CELSIUS HOLDINGS, INC. (OTCMKTS:CELH) Files An 8-K Other Events

Item8.01.

Other Events.

On May 23, 2017, the Company issued a press release announcing
that the NASDAQ Stock Market LLC approved the Company’s
application to list its common stock for trading on the NASDAQ
Capital Market, with trading expected to begin at the open of
business on May 24, 2017.The Company’s common stock will
continue to be traded under the symbol CELH.

Upon effectiveness of the listing of the Companys common stock
for trading on the NASDAQ Capital Market, the Companys common
stock will no longer be quoted on the OTXQX Best Market tier of
the over-the-counter market maintained by OTC Markets Group, Inc.

A copy of the Companys press release dated May 23, 2017 is
attached hereto as Exhibit 99.1 and is
incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No Description
99.1 Press Release Dated May 23, 2017

About CELSIUS HOLDINGS, INC. (OTCMKTS:CELH)
Celsius Holdings, Inc. is engaged in the development, marketing, sale and distribution of functional calorie-burning fitness beverages under the Celsius brand name. The Company’s product range includes Sparkling Grape Rush, Sparkling Watermelon, Sparkling Orange, Sparkling Wild Berry, Sparkling Cola, Raspberry Acai Green Tea, Peach Mango Green Tea, Flo Fusion Orange and Flo Fusion Berry. The Company’s products are sweetened with sucralose, which is suitable for consumers whose sugar intake is restricted. The Company’s Celsius brand uses ingredients and supplements, such as green tea (EGCG), ginger, calcium, chromium, B vitamins and vitamin C. The Company outsources the manufacturing process to third-party co-packers. It provides co-packers with flavors, ingredient blends, cans and other raw materials for its beverages purchased by it from various suppliers. It sells Celsius brand across retail segments, which include supermarkets and convenience stores. CELSIUS HOLDINGS, INC. (OTCMKTS:CELH) Recent Trading Information
CELSIUS HOLDINGS, INC. (OTCMKTS:CELH) closed its last trading session 00.00 at 3.60 with 30,397 shares trading hands.

The post CELSIUS HOLDINGS, INC. (OTCMKTS:CELH) Files An 8-K Other Events appeared first on Market Exclusive.

© Market Exclusive 2017, source Market Exclusive

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Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 1
Average target price 7,00 $
Spread / Average Target 29%
Managers
NameTitle
John Fieldly President, Chief Executive & Financial Officer
William H. Milmoe Co-Chairman
Christopher Lai Co-Chairman
Thomas E. Lynch Independent Director
Kevin Harrington Director
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