Celsius Holdings, Inc. (CELH) Announces Proposed Offering of 6.5M Shares

June 9, 2021 4:12 PM EDT

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(Nasdaq: CELH) Celsius Holdings, Inc., maker of global fitness drink, CELSIUSĀ®, today announced the commencement of an underwritten public offering of 6,518,267 shares of common stock, consisting of 5,518,267 shares of common stock offered by certain selling stockholders of Celsius Holdings (the "Selling Stockholders") and 1,000,000 shares of common stock offered by Celsius Holdings. In addition, certain Selling Stockholders expect to grant the underwriters a 30-day option to purchase up to an additional 977,740 shares of common stock. Celsius Holdings will not receive any proceeds from the sale of common stock offered by the Selling Stockholders. The offering is subject to market and other conditions. Celsius Holdings intends to use the net proceeds received by it from the offering for general corporate purposes.

UBS Investment Bank and Jefferies are serving as joint book-running managers for the offering.

The proposed public offering is being made pursuant to an automatic shelf registration statement on Form S-3, which was filed with the Securities and Exchange Commission (the "SEC") on June 9, 2021 and became automatically effective upon filing. The proposed public offering is being made only by means of a preliminary prospectus supplement and accompanying base prospectus, copies of which may be obtained on the SEC's website located at http://www.sec.gov. Copies of the final prospectus supplement and the accompanying base prospectus relating to the offering may also be obtained, when available, from:

  • UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019, telephone: 888-827-7275 or email: ol-prospectusrequest@ubs.com;
  • Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, or by calling (877) 821-7388, or by emailing prospectus_department@jefferies.com;

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