Celsius Holdings Inc. (CELH) Prices 6.518M Share Common Offering at $62.50/Sh

Celsius Holdings, Inc. (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.

Celsius 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.

UBS 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.

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