Sichenzia Ross Ference LLP Represents Aegis Capital in $12.5 Million Public Offering of NuZee, Inc.

Press Release – New York, NY – March 23, 2021 – Sichenzia Ross Ference LLP announced today that it represented Aegis Capital Corp. as sole book runner in the underwritten public offering of 2,777,777 units (the “Units”), of NuZee, Inc. (NASDAQ: NUZE), a leading U.S. single serve pour over coffee co-packer, at a price to the public of $4.50 per Unit for gross proceeds of $12.5 million. The Units consist of (a) one share of common stock, par value $0.00001 per share, (b) one Series A warrant to purchase one share of Common Stock with an initial exercise price of $4.50 per whole share and (c) one Series B warrant to purchase one-half of a share of Common Stock with an initial exercise price of $5.85 per whole share. The Company has also granted the underwriters a 45-day option to purchase additional Units, or any combination of the individual securities composing the Units, on the same price, terms and conditions to cover over-allotments.

The Units are being offered by the Company pursuant to a shelf registration statement on Form S-3 (No. 333-248531) previously filed with and declared effective by the U.S. Securities and Exchange Commission.

The Sichenzia Ross Ference LLP team was led by partners Gregory Sichenzia, Darrin M. Ocasio, Barrett S. DiPaolo, Avital Perlman and associate Matthew Siracusa.

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Sichenzia Ross Ference LLP

Sichenzia Ross Ference LLP is a full service law firm with a nationally recognized corporate, securities and litigation practice that provides experienced representation in all matters involving the securities industry. In addition to handling routine to complex commercial matters, SRF’s renowned litigation department specializes in defending companies and individuals against all types of securities cases, including class action lawsuits, shareholder derivative actions, and matters involving allegations of fraud, misrepresentation or other securities violations. The litigation team has also brought defamation lawsuits against companies and individuals related to market manipulation. Additionally, it represents individuals and companies in investigations by the Securities and Exchange Commission (SEC) and other regulatory bodies. The litigation team has a robust practice representing brokers and broker-dealers in arbitrations before the Financial Industry Regulatory Authority (FINRA). These arbitrations typically involve claims of unsuitability, churning, unauthorized trading and other allegations of broker misconduct. Finally, SRF has a burgeoning expungement practice, where it represents brokers seeking to have negative and harmful customer complaints removed from their industry records. The firm complements its core practice areas with an established commercial real estate and trusts and estates practice.

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Sichenzia Ross Ference LLP Represents Aegis Capital in $12.5 Million Public Offering of NuZee, Inc.

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