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NuZee, Inc. - $NUZE STOCK NEWS

Welcome to our dedicated page for NuZee news (Ticker: $NUZE), a resource for investors and traders seeking the latest updates and insights on NuZee stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NuZee's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NuZee's position in the market.

Rhea-AI Summary

NuZee, Inc. completed a private placement of convertible note and warrants, raising $320,000 from certain investors. The notes bear 7.0% interest per year, mature in one year, and can be converted into common stock at $1.447 per share. The warrants allow the purchase of additional common stock at $1.322 per share, expiring in two years.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.87%
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Rhea-AI Summary
NuZee, Inc. (NASDAQ: NUZE) has been granted an extension to comply with Nasdaq Listing Rule 5550(b) until June 14, 2024. The company received a notice from Nasdaq regarding its non-compliance with the minimum stockholders' equity requirement. NuZee submitted a plan to regain compliance, leading to Nasdaq granting an extension. Failure to comply by June 30, 2024, may result in delisting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.63%
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Rhea-AI Summary
NuZee, Inc. (NUZE) received a notice from Nasdaq for not timely filing its Quarterly Report on Form 10-Q for the quarter ended December 31, 2023. The company has 60 days to submit a compliance plan to Nasdaq and can get up to 180 days to regain compliance if the plan is accepted.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.86%
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Rhea-AI Summary
NuZee, Inc. (NUZE) files Form 12b-25 for an extension to submit Quarterly Report on Form 10-Q for the first fiscal quarter of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.32%
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Rhea-AI Summary
NuZee, Inc. (NUZE) received a notice from Nasdaq stating that its stockholders' equity did not meet the listing requirement, with stockholders' equity reported at $1,674,357, below the required $2,500,000. The company has 45 days to submit a plan to regain compliance and may be granted up to 180 days to evidence compliance. NuZee intends to submit a compliance plan and regain compliance within the applicable period.
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Rhea-AI Summary
NuZee, Inc. reported fiscal 2023 earnings per share of ($11.95), compared with ($21.32) in 2022. The company focused on reducing operating expenses, which declined more than 20% from the prior year. They have also initiated a restructuring program expected to generate cost reductions in excess of $1.0 million annually. Looking ahead to fiscal 2024, the company anticipates continued improvement across core aspects of the operating business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.91%
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Rhea-AI Summary
NuZee, Inc. (NASDAQ: NUZE) has announced the late filing of its Annual Report on Form 10-K for the fiscal year ended September 30, 2023. The company expects to file the Form 10-K on or before January 12, 2024. The newly appointed President, COO, and CFO, Randell Weaver, has initiated a restructuring program to generate annual cash savings and improve the company's performance in meeting customer standards.
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Rhea-AI Summary
NuZee, Inc. (NASDAQ: NUZE) appoints Randell Weaver as President and COO, effective immediately. Weaver will oversee all U.S. operations and continue as CFO. With over 30 years of experience, Weaver aims to improve service, achieve cost reductions, and drive business growth. His track record includes successful cash management, fund raising, and strategic planning.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.58%
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management
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Rhea-AI Summary
NuZee, Inc. (NASDAQ: NUZE) completed the sale of an additional 63,750 shares of common stock at $3.00 per share, resulting in gross proceeds of approximately $191,250. The offering was made pursuant to an effective shelf registration statement on Form S-3 previously filed with the SEC. Maxim Group LLC acted as sole book-running manager for the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.41%
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Rhea-AI Summary
Stone Brewing announces the launch of its full line of specialty coffees, adopting the branding and flavor characteristics of its popular beer brands, now available online and rolling out to stores nationwide in early 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.04%
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NuZee, Inc.

Nasdaq:NUZE

NUZE Rankings

NUZE Stock Data

3.30M
1.05M
18.22%
11.85%
0.37%
Dog and Cat Food Manufacturing
Manufacturing
Link
United States of America
RICHARDSON

About NUZE

nuzee was started after the devastating tsunami that hit japan in march 2011. at the time, the companies’ mission was to provide safe bottled drinking water to help in the recovery effort. this humanitarian effort led to the establishment and launch of nuzee products worldwide. anchored by our product philosophy of being nuzee pure, the company rapidly expanded beyond water into brands that perform on three levels: • pristine products using only safe, simple, natural and the healthiest available ingredients. • protective products providing nutrients and supplements to defend and revitalize health • performance products that deliver added benefits to improve your quality of life