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Published on 3/15/2016 in the Prospect News PIPE Daily.

Fresh Healthy Vending to conduct public offering of common stock

Company taps Joseph Gunnar as bookrunner, also plans debt placement

By Marisa Wong

Morgantown, W.Va., March 15 – Fresh Healthy Vending International, Inc. plans to conduct a public offering of common stock with Joseph Gunnar & Co., LLC as bookrunner, according to an 8-K filing with the Securities and Exchange Commission.

The company also plans to raise about $2 million through a private placement of debt. The best-efforts deal will also be conducted through Joseph Gunnar.

Details of the offerings were not disclosed in the 8-K.

The company’s common stock (OTCBB: VEND) closed at $0.48 on March 14.

The franchisor of healthy drinks and snack vending machines is based in San Diego.


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