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Major owner of Celsius Holdings, Inc. just disposed of 2,410,878 shares

Ka Shing Li, a major owner of Celsius Holdings, Inc., recently disposed of 2,410,878 shares of the company. The disposals took place at $62.50 per share, on June 14, 2021. Li still owns 6,655,136 shares of the company. Li operates out of Hong Kong, . Some additional info was provided as follows:

Represents shares of the Issuer's common stock held of record by Charmnew Limited. Li Ka Shing is the ultimate beneficial owner of Charmnew Limited and as such, Mr. Li may be deemed to beneficially own the shares of the Issuer's common stock directly held by Charmnew Limited. Mr. Li disclaims Section 16 beneficial ownership of the securities held by Charmnew Limited, except to the extent of his pecuniary interest therein, if any.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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