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A Resounding Vote for Restructuring<\/h2>\n\n\n\n
More than 95% of Celsius creditors, spanning all eligible classes, have cast their votes in favor of the company’s restructuring plan. This significant decision took place on September 26, marking a pivotal moment in the firm’s Chapter 11 bankruptcy proceedings. The company has expressed its gratitude for the overwhelming support, deeming it a “testament to our collaborative efforts during Chapter 11.” With the confirmation hearing set for October 2, 2023, Celsius remains optimistic about receiving swift approval to continue on its path to emergence.<\/p>\n\n\n\n
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The voting results are in! Over 95% of creditors across all eligible classes voted to accept the Plan, a testament to our collaborative efforts during Chapter 11. https:\/\/t.co\/9Z5xlBhNts<\/a> @CelsiusUcc<\/a> @FahrenheitHldg<\/a>.<\/p>— Celsius (@CelsiusNetwork) September 25, 2023<\/a><\/blockquote>