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 May 5, 2020. The company is incorporated in Nevada and trades on The NASDAQ Capital Market. The report addresses a corporate governance action regarding the company's capital structure.
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 change to the Articles of Incorporation and does not contain financial performance data.
Material Changes
On May 5, 2020, the Company filed a Certificate of Amendment to its Articles of Incorporation with the Nevada Secretary of State. This amendment increased the authorized shares of common stock from 75,000,000 to 100,000,000 shares. The par value remains $0.001 per share. The increase became effective immediately upon filing.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the notification of the share authorization increase.
Key Facts for Investor Verification
- Authorized common stock increased to 100,000,000 shares effective May 5, 2020.
- The amendment was filed with the Nevada Secretary of State.
- No financial results or operational updates were included in this specific filing.
- Exhibit 3.1 contains the Certificate of Amendment to Articles of Incorporation.