Nuzee, Inc. (NUZE) Prices 700K Share Common Offering at $9/Sh

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NuZee (d/b/a Coffee Blenders®) Prices Underwritten Public Offering Of Common Stock

June 18, 2020 7:42 PM EDT

PLANO, Texas, June 18, 2020 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE) ("NuZee"), a single-serve pour-over coffee producer and co-packer, announced today the pricing of an underwritten public offering (the "Offering") of 700,000 shares of its common stock (the "Shares"), at a price to the public of $9.00 per share. The net proceeds from the Offering, after deducting underwriting discounts and commissions and estimated Offering expenses payable by NuZee, are expected to be approximately $5.3 million. In addition, NuZee has granted the underwriters a 45-day option to purchase up to 105,000 additional shares of... More