secwatch.observer — SEC 8-K summary
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Issuer:     Celsius Holdings, Inc. (CELH)
CIK:        0001341766
Form:       8-K/A
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0001193125-25-278019
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rockstar acquisition: $1.53B impairment in H1 2025; FY2024 net revenue $373M
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- Rockstar net revenue $373M in FY2024, down from $380M in FY2023; net less direct expenses $58M vs $18M.
- Indefinite-lived intangible asset (brand) valued at $2,076M at Dec 2024; no impairment in FY2023 or FY2024.
- 24 weeks to June 14, 2025: net revenue $172M (down 5.5% YoY); impairment of $1,529M recognized.
- Pre-tax impairment driven by lower business performance and reduced future expectations; recorded prior to Celsius acquisition close.
- Related party sales to PepsiCo were $236M in FY2024 and $245M in FY2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1341766/000119312525278019/0001193125-25-278019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1341766/000119312525278019/d334865d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-278019

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