Item 8.01 Other Events.
On December 22, 2022, the U.S. Consumer Products Safety Commission (the "CPSC")
officially issued a recall notice for the Nomad tankless dive system which is
distributed by BLU3, Inc. ("BLU3"), a wholly-owned subsidiary of Brownie's
Marine Group, Inc.(the "Company"). As part of the recall procedure, the CPSC has
approved the Company's proposed remedy for the recall and BLU3 will begin to
receive units back from consumers to repair affected Nomad units.
Additionally, BLU3 will re-start its manufacturing process for the Nomad
tankless dive system utilizing the material and design changes approved during
the recall process, and immediately re-establish the product in all of its sales
channels.
A copy of the CPSC recall notice is furnished as Exhibit 99.1 to this report.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Incorporated by
Reference Filed or
Date Furnished
No. Exhibit Description Form Filed Number Herewith
99.1 CPSC recall notice, dated December 22, Furnished
2022
104 Cover Page Interactive Data File (embedded
within the Inline XBRL document)
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