Business
Celsius Announces Pricing of Public Offering of Common Stock
BOCA RATON, Fla., June 9, 2021 /PRNewswire/ -- (Nasdaq: CELH) Celsius Holdings, Inc., maker of global fitness drink, CELSIUS®, today announced the pricing of
About this update from Celsius Holdings, Inc.
[{"type":"text","content":"BOCA RATON, Fla., June 9, 2021 /PRNewswire/ -- (Nasdaq: CELH) Celsius Holdings, Inc., maker of global fitness drink, CELSIUS®, today announced the pricing of a 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 at a public offering price of $62.50 per share. In addition, Celsius Holdings and certain Selling Stockholders have granted the underwriters a 30-day option to purchase up to 977,740 additional shares of common stock. \n\n \n \n \n \n \n \n\n \nCelsius Holdings will not receive any proceeds from the sale of the shares by the Selling Stockholders and intends to use the net proceeds received by it from the offering for general corporate purposes. The offering is expected to close on June 14, 2021, subject to customary closing conditions.\nUBS Investment Bank and Jefferies are serving as joint book-running managers for the offering. B. Riley Securities, Ladenburg Thalmann & Co. Inc., Maxim Group LLC and Roth Capital Partners are serving as co-managers for the offering. \nThe 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 public offering is being made only by means of a prospectus supplement and accompanying 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: \nUBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019, telephone: 888-827-7275 or email: [email protected]; or 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 [email protected] press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sa...