- Single serve coffee formats producer NuZee Inc (NASDAQ:NUZE) said it intends to effect a 1-for-35 reverse stock split of its issued and outstanding shares of common stock.
- As previously disclosed, the stockholders approved a reverse stock split at the company’s Special Meeting of Stockholders held on December 9, 2022.
- The shareholders also authorized the Board of Directors to select the reverse stock split ratio 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 automatically convert 35 current shares of the company’s common stock into one share of common stock.
- The reverse stock split will become effective on Wednesday, December 28, 2022.
- Price Action: NUZE shares are trading lower by 0.95% at $0.2823 in premarket on the last check Wednesday.
‘MHRA Authorises Diabetes Drug Mounjaro (Tirzepatide) For Weight Management And Weight Loss’ – UK Gov
https://www.gov.uk/government/news/mhra-authorises-diabetes-drug-mounjaro-tirzepatide-for-weight-management-and-weight-lossFor the first time in the UK, obese patients and people who are overweight with weight-related
