BOCA
RATON, Fla., Nov. 2, 2023
/PRNewswire/ -- Celsius Holdings (Nasdaq: CELH) today announced
that its Board of Directors has approved a three-for-one split of
its common stock. Each shareholder of record at the close of
business on Nov. 13, 2023, will
receive two additional shares of Celsius common stock for each
share held as of that date. Celsius expects that the common
stock will trade on a split-adjusted basis commencing with the
opening of trading on the Nasdaq Capital Market on Nov. 15, 2023.
Contacts:
investorrelations@celsius.com
About Celsius Holdings, Inc.
Celsius Holdings, Inc.
(Nasdaq: CELH), is a global consumer packaged goods company with a
proprietary, clinically proven formula for its master brand
CELSIUS®. A lifestyle energy drink born in fitness and a pioneer in
the rapidly growing energy category. CELSIUS® offers proprietary,
functional, essential energy formulas clinically proven to offer
significant health benefits to its users. CELSIUS® is backed by six
university studies that were published in peer-reviewed journals
validating the unique benefits CELSIUS® provides. For more
information, please
visit: https://www.celsiusholdingsinc.com.
Forward Looking Statements
This press release
may contain statements that are not historical facts and are
considered forward-looking within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements contain projections of Celsius Holdings' future results
of operations and/or financial position, or state other
forward-looking information. In some cases, you can identify these
statements by forward-looking words such as "anticipate,"
"believe," "could," "estimate," "expect," "intend," "may,"
"should," "will," "would," or similar words. You should not rely on
forward-looking statements since Celsius Holdings' actual results
may differ materially from those indicated by forward-looking
statements as a result of a number of important factors. These
factors include but are not limited to: general economic and
business conditions; our business strategy for expanding our
presence in our industry; anticipated trends in our financial
condition and results of operation; the impact of competition and
technology change; existing and future regulations affecting our
business; the Company's ability to satisfy in a timely
manner, all Securities and Exchange Commission (SEC) required
filings and the requirements of Section 404 of the Sarbanes-Oxley
Act of 2002 and the rules and regulations adopted under that
Section; and other risks and uncertainties discussed in the reports
Celsius Holdings has filed previously with the Securities and
Exchange Commission. Celsius Holdings does not intend to and
undertakes no duty to update the information contained in this
press release.
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SOURCE Celsius Holdings, Inc.