Celsius Holdings Announces Proposed Public Offering of Common Stock News provided by Share this article Share this article BOCA RATON, Fla., June 9, 2021 /PRNewswire/ -- (Nasdaq: CELH) Celsius Holdings, Inc., maker of global fitness drink, CELSIUS®, 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.