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Stock impact report

NuZee, Inc. Announces Receipt of NASDAQ Notification [Yahoo! Finance]

NuZee, Inc. (NUZE) 
NASDAQ:AMEX Investor Relations: mynuzee.com/investor-relations
Company Research Source: Yahoo! Finance
it has received a notice (the "Notice") from the Listing Qualifications staff of The Nasdaq Stock Market ("Nasdaq") notifying the Company that the Company's stockholders' equity as reported in its Annual Report on Form 10-K for the period ended September 30, 2023 ("Form 10-K"), did not satisfy the continued listing requirement under Nasdaq Listing Rule 5550(b)(1) for the Nasdaq Capital Market, which requires that a listed company's stockholders' equity be at least . In its Form 10-K, the Company reported stockholders' equity of , and, as a result, does not currently satisfy Nasdaq Marketplace Rule 5550(b)(1). The Notice has no immediate effect on the Company's listing on the Nasdaq Capital Market. In accordance with Nasdaq rules, the Company has 45 calendar days from the date of the notification to submit a plan to regain compliance with Nasdaq Listing Rule 5550(b)(1). The Company intends to submit a compliance plan within 45 days of the date of the notification and will evaluate av Show less Read more
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