NASDAQ, CELH - Celsius Holdings Inc
The Company was incorporated in the State of Nevada on April 26, 2005 under the
name ?Vector Ventures Corp.? The Company changed its name to ?Celsius Holdings,
Inc.? on December 26, 2006. On December 26, 2006, the Company completed a 4 for
1 forward split of its issued and outstanding share capital.
We are a holding company and carry on no operating business except through our
direct wholly owned subsidiaries, Celsius, Inc. and Celsius Netshipments, Inc.
Celsius, Inc. was incorporated in Nevada on January 18, 2007, and merged with
Elite FX, Inc. (?Elite?) on January 26, 2007 (the ?Merger?), which was
incorporated in Florida on April 22, 2004. For financial accounting purposes,
the Merger was treated as a recapitalization of Celsius Holdings, Inc (the
?Company?) with the former stockholders of the Celsius Holdings, Inc retaining
approximately 24.6% of the outstanding stock. ...
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