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Nuzee (NUZE) has shared an announcement.
NuZee, Inc. has updated its employment contract with Randell Weaver, who serves as President, CFO, and COO, resulting in a salary increase to $325,000 and potential for a one-time cash bonus based on the new salary terms. Weaver is also positioned to receive additional equity should a company liquidity event occur, specifically 2.5% in the form of restricted shares. This move reflects the company’s strategic adjustments to its executive compensation structure and Weaver’s integral role in the company.
Learn more about NUZE stock on TipRanks’ Stock Analysis page.
