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Lake Street serves as financial advisor for USA Technologies, Inc. (NasdaqGM:USAT) in its underwritten public offering of 6,330,449 shares of common stock and 553,187 shares of common stock sold by certain selling shareholders.

May 25, 2018

Lake Street is pleased to announce it served as a financial advisor for USA Technologies, Inc. (NasdaqGM:USAT) in its underwritten public offering of 6,330,449 shares of common stock and 553,187 shares of common stock sold by certain selling shareholders, at an offering price of $11.00 per share. Gross proceeds were $75.7 million.

About USA Technologies

USA Technologies, Inc. is a premier payment technology service provider of integrated cashless and mobile transactions in the self-service retail market. The company also provides a broad line of cashless acceptance technologies including its NFC-ready ePort® G-series, ePort Mobile™ for customers on the go, ePort® Interactive, and QuickConnect, an API Web service for developers. Through its recent acquisition of Cantaloupe, the company also offers logistics, dynamic route scheduling, automated pre-kitting, responsive merchandising, inventory management, warehouse and accounting management solutions. Cantaloupe is a premier provider of cloud and mobile solutions for vending, micro markets, and office coffee services.

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