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Re: LARRY260 post# 2597

Thursday, 02/25/2021 10:02:47 AM

Thursday, February 25, 2021 10:02:47 AM

Post# of 2611
A Covid-19 related dilution - USAT : USA Technologies receives $55M stock investment from multiple investors • 8:22 AM

USA Technologies (OTCPK:USAT) agreed to sell 5.73M shares at $9.60/share to certain institutional investors in a private placement for expected gross proceeds of ~$55M.

Net proceeds to be used for general corporate purposes.
Offer expected to close on Mar.1.