Celsius Holdings, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Celsius Holdings, Inc. (CELH) on June 4, 2021. The report addresses corporate governance changes regarding the company's capital structure rather than operational performance.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is not a financial statement filing.
Material Changes
On June 4, 2021, the Company filed Certificates of Withdrawal with the Nevada Secretary of State to eliminate the following previously designated series of Convertible Preferred Stock from its Articles of Incorporation:
- Series A Convertible Preferred Stock
- Series B Convertible Preferred Stock
- Series C Convertible Preferred Stock
- Series D Convertible Preferred Stock
At the time of filing, no shares of these series were outstanding. Consequently, the Company currently has no designated series of preferred stock.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies related to business operations.
Key Facts for Investor Verification
- Verify that no shares of Series A, B, C, or D Preferred Stock remain outstanding.
- Confirm the effective date of the Certificates of Withdrawal (June 4, 2021).
- Note that the company's Articles of Incorporation no longer contain provisions for these specific preferred stock series.