UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
|
Date of Report (Date of earliest event reported): June 02, 2022 |
CELSIUS HOLDINGS, INC.
(Exact name of Registrant as Specified in Its Charter)
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Nevada | 001-34611 | 20-2745790 |
(State or Other Jurisdiction
of Incorporation) | (Commission File Number) | (IRS Employer
Identification No.) |
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2424 N. Federal Highway | |
Boca Raton, Florida | | 33431 |
(Address of Principal Executive Offices) | | (Zip Code) |
|
Registrant’s Telephone Number, Including Area Code: 561 276-2239 |
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
| | Trading
Symbol(s) | |
Name of each exchange on which registered
|
Common Stock, $.001 par value | | CELH | | NASDAQ Global Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
When used in this Current Report on Form 8-K, unless otherwise indicated, the terms “the Company,” “Celsius,” “we,” “us” and “our” refer to Celsius Holdings, Inc. and its subsidiaries.
Item 5.07 Submission of Matters to a Vote of Security Holders.
On June 2, 2022, the Company held its Annual Meeting of Stockholders (the “Annual Meeting”). The Company’s stockholders voted on the three proposals listed below at the Annual Meeting. The final voting results for each proposal are set forth in the following tables. For more information about each of the proposals please see the Company’s definitive Proxy Statement previously filed with the Securities and Exchange Commission on April 22, 2022.
Proposal 1: Election of Directors – Election of the nominees listed below as directors to hold office until the next annual meeting of stockholders or until their successors are elected.
| | | | | | | | | | | | |
| | Votes | | | Votes | | | Broker | |
Name | | For | | | Against | | | Non-Votes | |
John Fieldly | | | 58,275,768 | | | | 361,698 | | | | 6,744,419 | |
Nicholas Castaldo | | | 50,167,055 | | | | 8,650,411 | | | | 6,744,419 | |
Caroline Levy | | | 58,256,645 | | | | 380,821 | | | | 6,744,419 | |
Hal Kravitz | | | 50,376,389 | | | | 8,261,077 | | | | 6,744,419 | |
Alexandre Ruberti | | | 54,289,074 | | | | 4,348,392 | | | | 6,744,419 | |
Cheryl Miller | | | 58,275,111 | | | | 362,355 | | | | 6,744,419 | |
Damon DeSantis | | | 58,359,088 | | | | 278,378 | | | | 6,744,419 | |
Joyce Russell | | | 54,394,687 | | | | 4,241,951 | | | | 6,744,419 | |
Each nominee was elected by the Company’s stockholders, as recommended by the Company’s Board of Directors.
Proposal 2: Ratification of Selection of Auditors - To ratify the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2022.
| | | | | |
Votes For | | Votes Against | | Abstain | |
65,294,259 | | 825,183 | | 86,801 | |
The appointment of Ernst & Young LLP was ratified by the Company’s stockholders, as recommended by the Company’s Board of Directors.
Proposal 3: Say-on-Pay Vote - To approve, on a non-binding advisory basis, of the compensation of the Company’s named executive officers.
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Votes For | | Votes Against | | Abstain | |
35,064,940 | | 23,473,834 | | 98,691 | |
The compensation of the Company’s named executive officers was approved by the Company’s stockholders.
Item 7.01 Regulation FD Disclosure.
On June 2, 2022, the Company made a presentation to stockholders at the Annual Meeting. The furnishing of the investor presentation information in this report is not intended to, and does not, constitute a determination by the Company that the information in this report is material or complete, or that investors should consider this information before making an investment decision with respect to any security of the Company. The information in the investor presentation materials is presented as of June 2, 2022 and the Company does not assume any obligation to update such information in the future.
A copy of the investor presentation that was used at the Annual Meeting is included as Exhibit 99.4 to this report.
In accordance with General Instruction B.2 of Form 8-K, the information furnished pursuant to this Item 7.01, and including Exhibits 99.3 and 99.4 furnished herewith, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
SIGNATURES
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 thereunto duly authorized.
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| | | CELSIUS HOLDINGS, INC. |
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Date: | June 3, 2022 | By: | /s/ John Fieldly |
| | | John Fieldly, Chief Executive Officer |
