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NuZee commences proposed public offering of shares of its common stock

NuZee offering

PLANO, Texas – NuZee, Inc. (OTCQB: NUZE) (“NuZee”), a single-serve pour-over coffee producer and co-packer, announced that it has commenced a proposed firm commitment underwritten public offering (the “Offering”) of shares of its common stock (the “Shares”). In addition, the underwriters will have a 45-day option to purchase additional shares of NuZee’s common stock (representing up to 15% of the aggregate number of Shares sold in the Offering) on the same price, terms and conditions to cover over-allotments, if any.

The proposed Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.

The Benchmark Company, LLC is acting as sole book-running manager for the Offering.

NuZee intends to use the net proceeds from the Offering for working capital and general corporate purposes.

The proposed Offering is being made pursuant to a registration statement on Form S-1 (No. 333-234643), including a preliminary prospectus previously filed with the U.S. Securities and Exchange Commission (the “SEC”), which has not yet become effective.

The Shares may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective, and may be offered only by means of a prospectus. A final prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov.

Electronic copies of the final prospectus, when available, may be obtained by contacting The Benchmark Company, Attention: Prospectus Department, 150 E. 58th Street, 17th floor, New York, NY 10155, by email at prospectus@benchmarkcompany.com, or by telephone at (212) 312-6700. Before investing in this offering, interested parties should read in its entirety the final prospectus, which provides more information about the Company and such offering.