Offering sells 215,156 common shares at $0.64 apiece to 10 investors
By Devika Patel
Knoxville, Tenn., Aug. 17 – NuZee, Inc. settled a $137,700 private placement of stock with 10 investors on Aug. 14, according to an 8-K filed Wednesday with the Securities and Exchange Commission.
The company sold 215,156 common shares at $0.64 apiece. The price per share is a 2.86% discount to the Aug. 13 closing share price of $0.65.
Based in Vista, Calif., NuZee manages a portfolio of branded consumer packaged goods.
Issuer: | NuZee, Inc.
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Issue: | Common stock
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Amount: | $137,700
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Shares: | 215,156
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Price: | $0.64
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Warrants: | No
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Settlement date: | Aug. 14
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Stock symbol: | OTCBB: NUZE
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Stock price: | $0.65 on Aug. 13
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Market capitalization: | $4.64 million
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