NuZee to effect 1-for-35 reverse stock split

NuZee "announced that it intends to effect a 1-for-35 reverse stock split of its issued and outstanding shares of common stock. As previously disclosed, at the Company’s Special Meeting of Stockholders held on December 9, 2022, the stockholders of the Company approved a reverse stock split of the Company’s issued and outstanding shares of its common stock and authorized the Board of Directors to select the ratio of the reverse stock split within a range from 1-for-10 to 1-for-50. The Board has since exercised such discretion to effect a 1-for-35 reverse stock split. The reverse stock split will become effective on Wednesday, December 28, 2022 upon filing with the Nevada Secretary of State of an amendment to the Company’s articles of incorporation."