Celsius Holdings Inc (CELH)

[NewJerichoMan]

We know $4M or 1.333M of the shares were purchased by Li Ka-Shing and his cohort.

http://www.otcmarkets.com/stock/CELH/insider-transactions

Looks like they sold another 800K in shares to someone who is not an insider and/or at least not a >5% holder.

Looks like they are opening the remaining $7.8M, or 2.6M shares (assuming $3 price per) to the peanut gallery. Min of 300K investment, or no more than 26 investors over the remainder.

It does beg the question of what they need $12.6M for? Cash and current assets were up last quarter. It is always easier to raise cash when one doesn't need cash but they were flush. It suggests a big rollout. Easy guess is China. Seems excessive though.

If the offering is filled it'll put the company at just south of 42.6M shares.