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USA Technologies (USAT) Announces $55 Million Common Stock Investment from Multiple Investors

Go back to USA Technologies (USAT) Announces $55 Million Common Stock Investment from Multiple Investors

USA Technologies Announces $55 Million Common Stock Investment from Multiple Investors

February 25, 2021 8:15 AM EST

MALVERN, Pa.--(BUSINESS WIRE)-- USA Technologies, Inc. (NASDAQ: USAT) (USAT or the Company), a software and payments company that provides end-to-end technology solutions for the unattended retail market, today announced that it has agreed to sell 5,730,000 shares of its common stock to certain institutional investors in a private placement. The Company anticipates aggregate gross proceeds... More