<SEC-DOCUMENT>0001140361-16-052055.txt : 20160212
<SEC-HEADER>0001140361-16-052055.hdr.sgml : 20160212
<ACCEPTANCE-DATETIME>20160212120057
ACCESSION NUMBER:		0001140361-16-052055
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20160212
DATE AS OF CHANGE:		20160212

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			USA TECHNOLOGIES INC
		CENTRAL INDEX KEY:			0000896429
		STANDARD INDUSTRIAL CLASSIFICATION:	CALCULATING & ACCOUNTING MACHINES (NO ELECTRONIC COMPUTERS) [3578]
		IRS NUMBER:				232679963
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-173219
		FILM NUMBER:		161416600

	BUSINESS ADDRESS:	
		STREET 1:		100 DEERFIELD LANE
		STREET 2:		SUITE 140
		CITY:			MALVERN
		STATE:			PA
		ZIP:			19355
		BUSINESS PHONE:		6109890340

	MAIL ADDRESS:	
		STREET 1:		100 DEERFIELD LANE
		STREET 2:		SUITE 140
		CITY:			MALVERN
		STATE:			PA
		ZIP:			19355

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	USA ENTERTAINMENT CENTER INC
		DATE OF NAME CHANGE:	19931029
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<FILENAME>form424b3.htm
<DESCRIPTION>USA TECHNOLOGIES INC 424B3 2-12-2016
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: right">Filed Pursuant to Rule 424(b)(3)</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: right">Registration No. 333-173219</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; TEXT-ALIGN: center">USA TECHNOLOGIES, INC.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; TEXT-ALIGN: center">PROSPECTUS SUPPLEMENT NO. 1</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; TEXT-ALIGN: center">4,253,000 Shares of Common Stock</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: justify; TEXT-INDENT: 36pt">This prospectus supplement no. 1 ("Supplement") supplements and updates&#160; the prospectus dated October 23, 2015 (the &#8220;Prospectus&#8221;), and relates to the sale of up to 4,253,000 shares of our common stock which may be offered by the selling shareholders identified in the Prospectus.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: justify; TEXT-INDENT: 36pt">This Supplement should be read in conjunction with the Prospectus. This Supplement&#160; is not complete without, and may not be delivered or utilized except in connection with, the Prospectus.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: justify; TEXT-INDENT: 36pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold">Investing in our common stock involves certain risks. See &#8220;Risk Factors&#8221; beginning on page 7 of the Prospectus for a discussion of these risks</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'">.</font></div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: justify; TEXT-INDENT: 36pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold">Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined whether the Prospectus or this Supplement&#160; is truthful or complete.&#160; Any representation to the contrary is a criminal offense</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'">.</font></div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: justify; TEXT-INDENT: 36pt">This Supplement is being filed for the purpose of updating information provided under the heading &#8220;Selling Shareholders&#8221; commencing on page 19 of the Prospectus. Subsequent to the filing of the Prospectus, on December 15, 2015, Cranshire Capital Master Fund, Ltd., identified in the Prospectus as a selling shareholder, transferred all of its Warrants (as defined in the Prospectus) to Intracoastal Capital, LLC. Accordingly, the selling shareholders table is being updated to remove Cranshire Capital Master Fund, Ltd.<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'">,</font> and to substitute Intracoastal Capital<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'">,</font> LLC in its place as a selling shareholder, as presented below.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold">Number of Shares of Common Stock Owned Prior to <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'">Offering</font></div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold">Maximum Number of Shares of Common Stock to be Sold Pursuant to this <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'">Prospectus</font></div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold">Number of Shares of Common Stock Owned After <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'">Offering</font></div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: justify">Intracoastal Capital, LLC (1)</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: right">1,498,550</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: right">1,498,550</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: justify">Mitchell P. Kopin (&#8220;Mr. Kopin&#8221;) and Daniel B. Asher (&#8220;Mr. Asher&#8221;), each of whom are managers of Intracoastal Capital, LLC (&#8220;Intracoastal&#8221;), have shared voting control and investment discretion over the securities reported herein that are held by Intracoastal. As a result, each of Mr. Kopin and Mr. Asher may be deemed to have beneficial ownership (as determined under Section 13(d) of the Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;)) of the securities reported herein that are held by Intracoastal.</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: justify; MARGIN-LEFT: 18pt">Mr. Asher, who is a manager of Intracoastal, is also a control person of a broker-dealer. As a result of such common control, Intracoastal may be deemed to be an affiliate of a broker-dealer. Intracoastal acquired the ordinary shares being registered hereunder in the ordinary course of business, and at the time of the acquisition of the ordinary shares and warrants described herein, Intracoastal did not have any arrangements or understandings with any person to distribute such securities.</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: center">The date of this prospectus supplement no. 1 is February 12, 2016.</div>
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