- NuZee Inc NUZE has priced its underwritten public offering of 4.2 million shares at a public offering price of $0.82 per share.
- The offer price is a discount of 27% on NuZee’s closing price of $1.125 on August 5, 2022.
- The offering will yield the company about $3.4 million of proceeds.
- NuZee has granted the underwriter a 45-day option to purchase up to an additional 630,000 shares at the public offering price.
- Maxim Group LLC is acting as the sole book-running manager for the offering.
- The public offering is expected to close on or about August 10, 2022.
- Price Action: NUZE shares are trading lower by 19.83% at 0.8899 in premarket on the last check Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
