USA Technologies Inc (USAT)

[blue_skies]

Nasdaq compliance

The notice provides that the Company has until November 1, 2018 to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rules. If Nasdaq accepts the Company’s plan, Nasdaq has discretion to grant up to 180 calendar days from the original non-compliance date, or until March 12, 2019, for the Company to regain compliance. The Company will submit a plan to regain compliance within the time period set forth in the notice. If Nasdaq does not accept the Company’s plan, the Company will have the opportunity to appeal that decision to Nasdaq’s Hearing Panel.