<SEC-DOCUMENT>0000914121-21-000245.txt : 20210125
<SEC-HEADER>0000914121-21-000245.hdr.sgml : 20210125
<ACCEPTANCE-DATETIME>20210125081801
ACCESSION NUMBER:		0000914121-21-000245
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210120
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20210125
DATE AS OF CHANGE:		20210125

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:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33365
		FILM NUMBER:		21548028

	BUSINESS ADDRESS:	
		STREET 1:		100 DEERFIELD LANE
		STREET 2:		SUITE 300
		CITY:			MALVERN
		STATE:			PA
		ZIP:			19355
		BUSINESS PHONE:		6109890340

	MAIL ADDRESS:	
		STREET 1:		100 DEERFIELD LANE
		STREET 2:		SUITE 300
		CITY:			MALVERN
		STATE:			PA
		ZIP:			19355

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	USA ENTERTAINMENT CENTER INC
		DATE OF NAME CHANGE:	19931029
</SEC-HEADER>
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<DESCRIPTION>FORM 8-K
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  <div style="text-align: center; margin-top: 6pt; color: #000000; font-size: 18pt; font-weight: bold;">UNITED STATES<br>
    SECURITIES AND EXCHANGE COMMISSION</div>
  <div style="text-align: center; margin-top: 6pt; font-size: 12pt; font-weight: bold;">WASHINGTON<font style="font-size: 10pt; color: #000000;">, D.C. 20549</font></div>
  <div style="text-align: center; margin-top: 6pt; font-size: 18pt; font-weight: bold;">FORM<font style="color: #000000;"> 8-K</font></div>
  <div style="text-align: center; margin-top: 6pt; font-size: 12pt; font-weight: bold;">CURRENT<font style="color: #000000;"> REPORT</font><br>
    <font style="color: #000000;">PURSUANT TO SECTION 13 OR 15(d) OF THE</font><br>
    <font style="color: #000000;">SECURITIES EXCHANGE ACT OF 1934</font></div>
  <div style="text-align: center; font-size: 12pt;"><br>
    Date of Report (date of earliest event reported):<font style="font-weight: bold; color: #000000;"> January 20, 2021</font></div>
  <div style="text-align: center; margin-top: 6pt; color: #000000; font-size: 18pt; font-weight: bold;">USA TECHNOLOGIES, INC.</div>
  <div style="margin: 0px 0px 12pt; font-family: Arial, Helvetica, 'sans-serif'; font-size: 12pt; text-align: center;">(Exact name of registrant as specified in its charter)</div>
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        <td style="width: 2.06%; vertical-align: bottom; font-size: 12pt; padding-bottom: 2px;">&#160;</td>
        <td colspan="3" style="border-bottom: 1px solid #000000; vertical-align: top; width: 26.23%;">
          <div style="text-align: center; color: rgb(0, 0, 0); font-family: Arial,Helvetica,sans-serif; font-weight: bold; font-size: 12pt;">001-33365</div>
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          <div style="text-align: center; color: rgb(0, 0, 0); font-family: Arial,Helvetica,sans-serif; font-size: 12pt; font-weight: bold;">232679963</div>
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          <div style="text-align: center; color: rgb(0, 0, 0); font-family: Arial,Helvetica,sans-serif; font-size: 12pt;">(State or other jurisdiction of incorporation<br>
            or organization)</div>
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            File Number)</div>
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          <div style="text-align: center; color: rgb(0, 0, 0); font-family: Arial,Helvetica,sans-serif; font-size: 12pt;">(IRS employer<br>
            identification number)</div>
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        <td style="width: 2.16%; vertical-align: bottom; font-size: 12pt;">&#160;</td>
        <td colspan="3" style="width: 48.88%; vertical-align: top; font-size: 12pt;">&#160;</td>
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        <td colspan="3" style="width: 48.96%; vertical-align: top;">
          <div style="text-align: center; color: rgb(0, 0, 0); font-family: Arial,Helvetica,sans-serif; font-size: 12pt; font-weight: bold;">100 Deerfield Lane, Suite 300</div>
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        <td style="width: 2.16%; vertical-align: bottom; font-size: 12pt;">&#160;</td>
        <td colspan="3" style="width: 48.88%; vertical-align: top; font-size: 12pt;">&#160;</td>
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          <div style="text-align: center; color: rgb(0, 0, 0); font-family: Arial,Helvetica,sans-serif; font-weight: bold; font-size: 12pt;">Malvern, Pennsylvania</div>
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          <div style="text-align: center; color: rgb(0, 0, 0); font-family: Arial,Helvetica,sans-serif; font-weight: bold; font-size: 12pt;">19355</div>
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          <div style="text-align: center; color: rgb(0, 0, 0); font-family: Arial,Helvetica,sans-serif; font-size: 12pt;">(Address of principal executive offices)</div>
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  <div style="text-align: center; font-size: 12pt;">Registrant&#8217;s telephone number, including area code:<font style="font-weight: bold; color: #000000;"> 610-989-0340</font></div>
  <div style="text-align: justify; margin-top: 8pt; font-size: 12pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</div>
  <div style="text-align: justify; margin-top: 8pt; font-size: 12pt;"><font style="font-family: 'Times New Roman', serif; font-size: 3pt; color: #000000;">&#160;</font>&#9744; Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</div>
  <div style="text-align: justify; margin-top: 8pt; font-size: 12pt;"><font style="font-family: 'Times New Roman', serif; font-size: 3pt; color: #000000;">&#160;</font>&#9744; Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</div>
  <div style="text-align: justify; margin-top: 8pt; font-size: 12pt;">&#9744; Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</div>
  <div style="text-align: justify; margin-top: 8pt; font-size: 12pt;"><font style="font-family: 'Times New Roman', serif; font-size: 3pt; color: #000000;">&#160;</font>&#9744; Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
    240.13e-4(c))</div>
  <div style="margin: 8pt 0px; color: #000000; font-family: Arial, Helvetica, 'sans-serif'; font-size: 12pt; text-align: justify;">Securities registered pursuant to Section 12(b) of the Act:</div>
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          <div style="text-align: center; color: rgb(35, 31, 32);">Trading</div>
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          <div style="text-align: center; margin-right: 0.75pt; color: rgb(0, 0, 0); font-size: 12pt;">Common Stock, no par value</div>
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          <div style="text-align: center; color: rgb(0, 0, 0); font-size: 12pt;">USAT</div>
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          <div style="text-align: center; color: rgb(0, 0, 0); font-size: 12pt;">The NASDAQ Stock Market LLC</div>
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  <div style="text-align: justify; margin-top: 8pt; font-size: 12pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the
    Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</div>
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  <div style="text-align: justify; margin-top: 8pt; font-size: 12pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
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        <td style="width: 72pt; vertical-align: top; align: right; color: #000000; font-size: 12pt; font-weight: bold;">Item 5.02</td>
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          <div style="color: #000000; font-size: 12pt; font-weight: bold;">Departure of Directors or Certain Officers&#894; Election of Directors&#894; Appointment of Certain Officers&#894; Compensatory Arrangements of Certain Officers.</div>
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  <div style="text-align: justify; color: rgb(0, 0, 0); font-family: Arial,Helvetica,sans-serif; font-size: 12pt;">On January 20, 2021, USA Technologies, Inc. (the &#8220;<u>Company</u>&#8221;) notified its Chief Compliance Officer, James Pollock, that the Company
    intends to transition the duties of the Chief Compliance Officer to the Company&#8217;s General Counsel, Davina Furnish.&#160; Mr. Pollock&#8217;s employment with the Company will continue through July 20, 2021 in order to assist with this transition of duties.&#160; Mr.
    Pollock&#8217;s separation from the Company is not the result of any disagreement with the Company.</div>
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  <div style="text-align: center; margin-right: 7.35pt; margin-left: 6.4pt; font-size: 12pt; font-weight: bold;">SIGNATURES</div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 18pt; font-size: 12pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</div>
  <div style="font-family: Arial,Helvetica,sans-serif; font-size: 12pt;"> <br>
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          <td valign="top" colspan="2" style="width: 38%; font-size: 12pt; font-weight: bold;">USA TECHNOLOGIES, INC.</td>
          <td valign="top" style="width: 12%; font-size: 12pt;">&#160;</td>
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          <td valign="top" style="width: 50%; font-size: 12pt;">&#160;</td>
          <td valign="top" style="width: 3%; font-size: 12pt;">&#160;</td>
          <td valign="top" style="width: 35%; font-size: 12pt;">&#160;</td>
          <td valign="top" style="width: 12%; font-size: 12pt;">&#160;</td>
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            <div align="left" style="margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; font-size: 12pt;">By: </div>
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          <td style="border-bottom: 1px solid #000000; vertical-align: top; white-space: nowrap; width: 35%; font-size: 12pt; text-align: left;">/s/&#160; Davina Furnish</td>
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          <td valign="top" style="width: 50%; font-size: 12pt;">&#160;</td>
          <td valign="top" style="width: 3%; font-size: 12pt;">&#160;</td>
          <td valign="bottom" nowrap="nowrap" align="left" style="width: 35%; font-size: 12pt;">Davina Furnish</td>
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          <td valign="top" style="width: 50%; font-size: 12pt;">&#160;</td>
          <td valign="top" style="width: 3%; font-size: 12pt;">&#160;</td>
          <td valign="top" style="width: 35%; font-size: 12pt;">General Counsel and Secretary</td>
          <td valign="top" style="width: 12%; font-size: 12pt;">&#160;</td>
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          <td valign="top" style="width: 50%; font-size: 12pt;">Date:&#160; January <font style="background-color: rgb(255, 255, 255); font-family: Arial,Helvetica,sans-serif;">25</font>, 2021</td>
          <td valign="top" style="width: 3%; font-size: 12pt;">&#160;</td>
          <td valign="top" style="width: 35%; font-size: 12pt;">&#160;</td>
          <td valign="top" style="width: 12%; font-size: 12pt;">&#160;</td>
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