Usio raises $1M via private placement; approves executive salary increases and stock awards

Usio, Inc.

Sold 142,857 unregistered shares at $7.00 per share to Voyager Digital Holdings for $1M gross proceeds; proceeds for working capital.
CFO Tom Jewell salary raised to $325,000 from $240,000; SVP Houston Frost to $200,000 from $172,000.
CEO Louis Hoch granted 130,000 restricted shares (100K 10-yr vest, 30K 3-yr); CFO Jewell 71,000; SVP Frost 31,000.
Directors Bender, Beyer, Rollins each awarded 12,000 RSUs with 3-year vesting.
Outstanding shares post-closing: 25,125,520.

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