11+ modÃ?Â¨le cv assistant de direction dans la fonction publique
November 16, 2018 11:01 AM Eastern Standard Time
MALVERN, Pa.–(BUSINESS WIRE)–USA Technologies, Inc. (NASDAQ: USAT) (the “Company”), a arch agenda payment, customer assurance and acumen account provider for the self-service retail market, today appear that the Aggregation has entered into a additional accord letter (the “Second Accord Agreement”), with JPMorgan Chase Bank, N.A. (the “Lender”), apropos to the Company’s Acclaim Agreement by and amid the Company, the Lender, and assertive added parties.
The Additional Accord Agreement, amid added things, added extends until December 31, 2018 the time aeon for commitment to the Lender of the Company’s audited banking statements for the budgetary year concluded June 30, 2018 and the Company’s unaudited banking statements for the budgetary division concluded September 30, 2018, as able-bodied as the accompanying acquiescence certificates.
The aboriginal accord letter ahead entered into by the Aggregation and the Lender had, amid added things, connected until November 15, 2018 the time aeon for commitment to the Lender of the Company’s audited banking statements for the budgetary year concluded June 30, 2018, and the accompanying acquiescence certificate.
As ahead reported, the Aggregation was clumsy to appropriate book its Annual Report on Form 10-K for the budgetary year concluded June 30, 2018 (the “Annual Report”) and its Quarterly Report on Form 10-Q for the budgetary division concluded September 30, 2018 (the “Quarterly Report”) due to an centralized analysis actuality conducted by the Audit Committee of the Company’s Board of Directors into assertive of the Company’s acknowledged arrangements, including the accounting treatment, banking advertisement and centralized controls accompanying to such arrangements. The analysis charcoal ongoing, and the Audit Committee is alive carefully with its admiral to complete its analysis in as appropriate a address as possible. Once the analysis has been completed, the Aggregation affairs to book the Annual Report and the Quarterly Report as anon as practicable. The Aggregation will not be in a position to book the Annual Report or the Quarterly Report until the Aggregation and its absolute accountant appraise the after-effects of the investigation, and the Aggregation accouterments any alleviative accomplishments which may be accounted all-important by the Board of Directors.
About USA Technologies, Inc.
USA Technologies, Inc. is a arch acquittal technology account provider of chip cashless and adaptable affairs in the self-service retail market. The aggregation additionally provides a ample band of cashless accepting technologies including its NFC-ready ePort® G-series, ePort Mobile® for barter on the go, ePort® Interactive, and QuickConnect, an API Web account for developers. Through its accretion of Cantaloupe Systems, Inc. (“Cantaloupe”), the aggregation additionally offers logistics, activating avenue scheduling, automatic pre-kitting, acknowledging merchandising, account management, barn and accounting administration solutions. Cantaloupe is a arch provider of billow and adaptable solutions for vending, micro markets, and appointment coffee services.
“Safe Harbor” Account beneath the Private Securities Activity Reform Act of 1995: All statements added than statements of actual actuality included in this absolution are advanced statements. When acclimated in this release, words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” and agnate expressions, as they chronicle to the Aggregation or its management, analyze advanced attractive statements. Such advanced statements are based on the behavior of the Company’s management, as able-bodied as assumptions fabricated by and advice currently accessible to the Company’s management. Actual after-effects could alter materially from those advised by the advanced statements as a aftereffect of assertive factors, including but not bound to, ambiguity as to the scope, timing and ultimate allegation of the centralized investigation; the costs and costs apropos thereto; the appulse of the centralized analysis on the Company, its administration and operations, including abeyant banking appulse on the Company; the accident of activity or authoritative activity arising from the centralized analysis and its allegation or from the abortion to appropriate book the Annual Report or Quarterly Report; the adeptness of the Aggregation to achieve and advance acquiescence with Nasdaq’s connected advertisement requirements; the timing of the analysis by, and the abstracts of, the Company’s absolute accountant apropos the analysis and its appulse on the banking statements; accessible absence by the Aggregation beneath its acclaim facility; the abeyant identification of ascendancy deficiencies, including abeyant actual weaknesses in centralized ascendancy over banking advertisement and the appulse of the same; abeyant reputational accident that the Aggregation may ache as a aftereffect of the affairs beneath investigation; the appulse of the pendency of the analysis on the amount of the Company’s accepted and adopted stock; and the accident that the filing of the Annual Report or Quarterly Report will booty best than currently anticipated. Readers are cautioned not to abode disproportionate assurance on these advanced statements. Any advanced account fabricated by us speaks alone as of the date of this release. Unless appropriate by law, the Aggregation does not undertake to absolution about any revisions to these advanced statements to reflect approaching contest or affairs or to reflect the accident of hasty events.
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