Celsius Bankruptcy: With the Filing of the Disclosure Statement, is the end in sight for this Marathon of Uncertainty
After multiple delays, on June 27th, Celsius Network, LLC and certain of its affiliates as debtors and debtors in possession (collectively, the “Debtors” the “Company”or “Celsius”)filed a disclosure statement to provide creditors and other parties in interest with information regarding the Debtors’ Joint Chapter 11 Plan of Reorganization of Celsius Network LLC and Its Debtor Affiliates (the “Plan”).