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NuZee ( NASDAQ: NUZE ) jumps 38.7% after-hours on pricing its underwritten public offering of 4.2M shares of its common stock at a public offering price of $0.82/share, resulting in anticipated gross proceeds to NuZee of ~$3.4M.
Underwriter are granted a 45-day option to purchase up to an additional 0.63M shares at the public offering price.
Offering is expected to close on or about August 10, 2022.