Nuzee, inc. announces full exercise and closing of over-allotment option in connection with its underwritten public offering

Richardson, texas , dec. 5, 2023 /prnewswire/ -- nuzee, inc. (nasdaq: nuze), a leading  coffee co-packing and technology company, today announced that it has completed the sale of an additional 63,750 shares of common stock at the public offering price of $3.00 per share, pursuant to the full exercise of the over-allotment option granted to the underwriter in connection with the company's public offering that closed on october 20, 2023. the company expects to receive additional gross proceeds of approximately $191,250, before deducting underwriting discounts and commissions.
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