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PLANO, Texas, Aug. 7, 2022 /PRNewswire/ — NuZee, Inc. (NASDAQ:NUZE), a leading US producer and co-packer of single serve coffee formats, today announced the pricing of its underwritten public offering of 4,200,000 shares of its common stock at a public offering price of $0.82 per share, resulting in anticipated gross proceeds to NuZee of approximately $3.4 millionbefore deducting underwriting discounts and commissions and offering expenses.
Maxim Group LLC is acting as the sole book-running manager for the offering.
NuZee has granted the underwriter a 45-day option to purchase up to an additional 630,000 shares at the public offering price, less underwriting discounts and commissions. The public offering is expected to close on or about August 10, 2022subject to customary closing conditions.
The securities are being offered pursuant to an effective shelf registration statement (including a prospectus) on Form S-3 (No. 333-248531) previously filed …
Full story available on Benzinga.com
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