SMK-Link Electronics VersaPoint Bluetooth Slim Keyboard - Manual (Page 6)

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LED Status Indicators
This keyboard features 3 LED status indicator lights:
PAIRING indicator flashes when the keyboard enters discovery
and pairing mode after the connect button is pressed. The light
goes away when pairing is complete.
RECONNECT indicator flashes when the keyboard is
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Do not mix new and used batteries in the keyboard.
Always replace with 2 batteries of the same type
from the same manufacturer.