Celsius Holdings Reports Officer/Director Changes, Comp Arrangements
Ticker: CELH · Form: 8-K · Filed: Jan 19, 2024 · CIK: 1341766
Complexity: simple
Sentiment: neutral
Topics: executive-changes, compensation, corporate-governance
TL;DR
**CELH filed an 8-K about executive changes and pay, watch for strategic shifts.**
AI Summary
Celsius Holdings, Inc. filed an 8-K on January 19, 2024, reporting an event that occurred on January 18, 2024. This filing indicates changes related to the departure or election of directors or officers, as well as compensatory arrangements for certain officers. For investors, this matters because changes in leadership or executive compensation can signal shifts in company strategy, financial health, or governance, potentially impacting future stock performance.
Why It Matters
Changes in executive leadership or compensation can signal strategic shifts or financial health, directly influencing investor confidence and the company's future direction.
Risk Assessment
Risk Level: medium — Changes in leadership or compensation can introduce uncertainty, but the specific details are not yet disclosed, making the immediate impact unclear.
Analyst Insight
A smart investor would monitor subsequent filings or company announcements for specific details regarding the personnel changes and compensation arrangements, as these will provide the necessary context to assess any potential impact on the company's operations or strategic direction.
Key Players & Entities
- Celsius Holdings, Inc. (company) — the registrant filing the 8-K
- January 18, 2024 (date) — date of the earliest event reported
- January 19, 2024 (date) — date the 8-K was filed
- Nevada (company) — state of incorporation for Celsius Holdings, Inc.
- 001-34611 (company) — Commission File Number for Celsius Holdings, Inc.
- 20-2745790 (company) — IRS Employer Identification No. for Celsius Holdings, Inc.
- Boca Raton, Florida (company) — principal executive offices location for Celsius Holdings, Inc.
- 561-276-2239 (company) — telephone number for Celsius Holdings, Inc.
- Common Stock, $0.001 par value per share (company) — title of class of securities registered
- CELH (company) — trading symbol for Celsius Holdings, Inc.
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 18, 2024.
What specific items are being reported in this 8-K by Celsius Holdings, Inc.?
Celsius Holdings, Inc. is reporting on 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'.
What is the trading symbol and the exchange where Celsius Holdings, Inc. common stock is registered?
The trading symbol for Celsius Holdings, Inc. is CELH, and its common stock is registered on the Nasdaq Capital Market.
What is the state of incorporation for Celsius Holdings, Inc.?
Celsius Holdings, Inc. is incorporated in Nevada.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on January 19, 2024.
Filing Stats: 1,081 words · 4 min read · ~4 pages · Grade level 12.9 · Accepted 2024-01-19 16:33:00
Key Financial Figures
- $0.001 — ange on Which Registered Common Stock, $0.001 par value per share CELH Nasdaq Capital
- $850,000 — ay Mr. Fieldly an annual base salary of $850,000, which amount is subject to periodic re
- $3.0 million — d to be provided to Mr. Fieldly will be $3.0 million. If Mr. Fieldly's employment is termi
Filing Documents
- celh-20240118.htm (8-K) — 31KB
- johnfieldlyceoemploymentag.htm (EX-10.1) — 131KB
- 0001341766-24-000007.txt ( ) — 342KB
- celh-20240118.xsd (EX-101.SCH) — 2KB
- celh-20240118_def.xml (EX-101.DEF) — 15KB
- celh-20240118_lab.xml (EX-101.LAB) — 29KB
- celh-20240118_pre.xml (EX-101.PRE) — 16KB
- celh-20240118_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No Description 10.1 Employment Agreement with John Fieldly, effective January 1, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CELSIUS HOLDINGS, INC. Date: January 18, 2024 By: /s/ Richard Mattessich Richard Mattessich, Chief Legal Officer