This will be RMHB eventually: News Today: Celsi
Post# of 75011
News Today: Celsius Holdings, Inc. Approved for Listing on Nasdaq
BOCA RATON, Fla., May 23, 2017 /PRNewswire/ -- Celsius Holdings, Inc. (CELH), the makers of CELSIUS®, a leading fitness drink ideal for the active lifestyle, today announced confirmation that its application to list the company's common stock on the NASDAQ Capital Market® has been approved by The NASDAQ Stock Market.
Celsius' common stock will begin trading on the NASDAQ Capital Market at the opening bell on May 24, 2017, keeping its present ticker symbol, CELH. The Company's common stock will continue to trade on the Over-the-Counter OTXQX® Best Market until the market close on May 23, 2017.
"We are pleased to reach this important corporate milestone. Up-listing to the NASDAQ Capital Market is a major achievement for Celsius and a testament to the business vision. Celsius has made significant progress in all areas of the organization over the last several years as we are expanding our global distribution and gaining a favorable brand image with our consumers," said John Fieldly, interim Chief Executive Officer and Chief Financial Officer, Celsius Holdings, Inc. "Transitioning to the NASDAQ supports our evolution as a public company and will allow us to communicate with a broader audience. We believe this increases our appeal to institutional investors, enhances trading liquidity, and broadens awareness of the CELSIUS brand and fundamentally enhances the value of our company. CELSIUS product portfolio is positioned to capitalize on today's consumer trends and we look forward to our next chapter of our company's future."