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Coffee packager NuZee prices Nasdaq IPO at $9, as expected

June 18, 2020
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NuZee, which packages and sells single-serve coffee products, raised $6 million in its Nasdaq uplisting by offering 0.7 million shares at $9, the the May 20th close of its shares on the OTCQB (NUZE). At pricing, the company commands a fully diluted market value of $135 million.

NuZee plans to list on the Nasdaq under the symbol NUZE. The Benchmark Company acted as lead manager on the deal.