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Coffee packager NuZee files for a $12 million IPO

November 12, 2019
NUZE

NuZee, which packages and sells single-serve coffee products, filed on Tuesday with the SEC to raise up to $12 million in an initial public offering.

NuZee is currently listed on the OTCQB Marketplace and last traded at a price of $11 per share.

The Plano, TX-based company was founded in 2011 and booked $2 million in sales for the 12 months ended June 30, 2019. It plans to list under the symbol NUZE. The Benchmark Company is the sole bookrunner on the deal. No pricing terms were disclosed.