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The Malvern company, which supplies devices that allow consumers to buy sodas and other small-ticket items from vending machines with a credit card, will allow, for each share owned, the purchase of one share of common stock for $2.50, and a warrant to purchase one share for $2.75, subject to a final pricing determination.
Company shares were priced this morning in Nasdaq Global Market trading $2.95, down 9 cents. The stock price in the last 52 weeks has ranged from 90 cents to $6.
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