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CIMG Inc. Capital/Financing Update 2017

May 19, 2017

34623_rns_2017-05-19_16ae7111-1012-42ba-9d6f-48037b99b3ab.zip

Capital/Financing Update

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8-K 1 nuzee8k051517.htm NUZEE 8K, 05.15.17 Licensed to: DTC Financial Publishing Document created using EDGARfilings PROfile 4.2.1.0 Copyright 1995 - 2017 Summit Financial Printing, LLC. All rights reserved.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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):

May 15, 2017

NuZee, Inc.

(Exact name of registrant as specified in its charter)

Nevada 333-176684 38-3849791
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

2865 Scott Street, Suite 101

Vista, California 92081

(Address of principal executive offices, including zip code)

(760)-295-2408

(Registrant's telephone number, including area code)

(Former name or former address, if changed since last report.)

Copies to:

Karen A. Batcher, Esq.

Teeple Hall, LLP

9255 Towne Centre Drive, Suite 500

San Diego, CA 92121

Tel. 858.622.7878

Fax. 858.622.0411

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 (see General Instruction A.2. below):

☐ 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))

ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES

On May 15, 2017, we completed a private offering of 408,271 shares of our Treasury Stock at a price of $0.51 per share to 13 separate individual investors for total proceeds of $208,218.

On May 15, 2017, one lender of the Company converted a $100,000 short-term loan to 196,078 shares of the Company's Common Stock at the price of $0.51 per share pursuant to the terms of a convertible promissory note.

All of the investors were non-U.S. persons (as that term is defined in Regulation S of the Securities Act of 1933, as amended) and those investors purchased in transactions outside of the United States. In issuing shares to those investors we relied on the exemptions from the registration requirements provided for in Regulation S and/or Section 4(2) of the Securities Act of 1933, as amended.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

NUZEE, INC.

Date: May 19, 2017

By:
Masateru Higashida, President