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. on May 23, 2017. The report addresses a significant corporate event regarding the listing of the Company's common stock.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a listing event and does not contain financial statement data.
Material Changes
- Exchange Listing: NASDAQ Stock Market LLC approved the Company's application to list its common stock on the NASDAQ Capital Market.
- Trading Commencement: Trading on the NASDAQ Capital Market was expected to begin at the open of business on May 24, 2017.
- Symbol Continuity: The common stock will continue to trade under the symbol "CELH."
- Delisting from OTC: Upon effectiveness of the NASDAQ listing, the stock will no longer be quoted on the OTCQX Best Market tier of the over-the-counter market.
Outlook, Risks, and Management Commentary
Management commentary is limited to the announcement of the NASDAQ approval. The filing does not contain specific guidance, risk factors, contingencies, or unusual items beyond the transition of the trading venue.
Key Facts for Investor Verification
- Confirm the start of trading on the NASDAQ Capital Market on May 24, 2017.
- Verify the continued use of the ticker symbol "CELH" on the new exchange.
- Check for the cessation of trading on the OTCQX Best Market tier.
- Review the attached press release (Exhibit 99.1) for additional details on the listing approval.