Company: CELH
Filing Date: 2025-02-12
Form Type: SCHEDULE 13G/A
Source: 0001829126-25-000908
Chunk: 0

Company: Celsius Holdings, Inc.
Filing Date: 2025-02-12
Form: SCHEDULE 13G/A
Chunk 0
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 99% beneficial interest in CDF; and (c) a co-personal representative of the the Estate, which holds 1,318,067 shares of common stock and owns a 100% beneficial interest in GRAT 1. The Reporting Person has shared voting and dispositive power over the shares of common stock held by CDF and GRAT 1 and the Estate. All calculations of percentage ownership herein are based upon an aggregate of 235,031,452 shares of common stock outstanding as of October 30, 2024, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 6, 2024.

| SCHEDULE 13G |

| CUSIP No. | 15118V207 |

| 1                                                                  |                                                                        Deborah DeSantis |
| 2                                                                  |                                                                                   -a)(b |
| 3                                                                  |                                                                            Sec Use Only |
| 4                                                                  |                                                                           UNITED STATES |
| Number of Shares Beneficially Owned by Each Reporting Person With: |                                                                      5   3,559,027.00   
                                                                      6  25,457,656.00   
                                                                      7   3,559,027.00   
                                                                        8  25,457,656.00 |
| 9                                                                  |                                                                           29,016,683.00 |
| 10                                                                 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions) |
| 11                                                                 |                                                                                  12.3 % |
| 12                                                                 |                                                                                      IN |

Comment for Type of Reporting Person:Row 5 and Row 7 consists of (a) 3,545,167 shares of common stock held by the Reporting Person; and (b) 13,860 shares of common stock held by the Reporting Person's spouse. Row 6 and Row 8 consists of (a) 23,321,589 shares of common stock held by CD Financial, LLC ("CDF"); and (b) 2,136,067 shares of common stock held by the Carl DeSantis Retained Annuity Trust #2 ("Trust #2"). The Reporting Person serves as a co-trustee of each of the CDS Trust and Trust #2 and accordingly, has shared voting and dispositive power over the shares of common stock held by CDF and Trust #2.

| SCHEDULE 13G |

| CUSIP No. | 15118