NuZee, Inc. Reports Leadership Changes
Ticker: CIMG · Form: 8-K · Filed: Sep 5, 2024 · CIK: 1527613
Sentiment: neutral
Topics: leadership-change, board-of-directors, executive-compensation
TL;DR
NuZee leadership shake-up: new directors elected, execs depart.
AI Summary
NuZee, Inc. filed an 8-K on August 31, 2024, reporting changes in its board of directors and executive officers. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for key personnel. This indicates a significant restructuring within the company's leadership and governance.
Why It Matters
Changes in a company's board and executive team can signal shifts in strategy, operational focus, or financial direction, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Leadership changes can introduce uncertainty regarding future strategy and execution, potentially affecting the company's stability and performance.
Key Players & Entities
- NuZee, Inc. (company) — Registrant
- August 31, 2024 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
- 2865 Scott St. Suite 107 , Vista , California 92081 (address) — Address of principal executive offices
FAQ
What specific roles have been affected by the changes in directors and officers?
The filing indicates the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for certain officers, but does not specify the exact roles affected in this excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on August 31, 2024.
In which state was NuZee, Inc. incorporated?
NuZee, Inc. was incorporated in Nevada.
What is the principal executive office address for NuZee, Inc.?
The principal executive office address for NuZee, Inc. is 2865 Scott St. Suite 107, Vista, California 92081.
What type of SEC filing is this and what sections are being reported on?
This is a Form 8-K, reporting on 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers'.
Filing Stats: 420 words · 2 min read · ~1 pages · Grade level 12 · Accepted 2024-09-05 16:10:11
Key Financial Figures
- $0.00001 — nge on which registered Common Stock, $0.00001 par value NUZE The Nasdaq Stock Mar
Filing Documents
- form8-k.htm (8-K) — 34KB
- 0001493152-24-035148.txt ( ) — 200KB
- nuze-20240831.xsd (EX-101.SCH) — 3KB
- nuze-20240831_lab.xml (EX-101.LAB) — 33KB
- nuze-20240831_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
From the Filing
UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 31, 2024 NUZEE, INC. (Exact name of registrant as specified in its charter) Nevada 001-39338 38-3849791 (State or other jurisdiction of incorporation or organization (Commission File No.) (IRS Employer Identification No.) 2865 Scott St. Suite 107 , Vista , California 92081 (Address of principal executive offices) (760) 295-2408 (Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.00001 par value NUZE The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. The employment of our Co-Chief Executive Officer and Chief Financial Officer, Randell Weaver, concluded on August 31, 2024, in accordance with the terms of the Second Amended and Restated Employment Agreement between NuZee, Inc. (the "Company") and Mr. Weaver, dated June 7, 2024, as previously disclosed in the Company's Form 8-K filed on June 7, 2024. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. NUZEE, INC. Dated: September 5, 2024 By: /s/ Jianshuang Wang Name: Jianshuang Wang Title: Chief Executive Officer