Celsius Announces Intention to Delist

In a recent press release, Celsius Holdings, Inc. announced its intention to deregister as a reporting company. Celsius stated “that given its downsized level of operations, it is in the best interests of its shareholders not to incur the expenses associated with being a reporting company.” However, Celsius will continue to issue quarterly financial information and the company’s shares and warrants will continue to trade in the over-the-counter market.