Cantaloupe Inc SEC Filings

Cantaloupe, Inc. reported an insider sale by Chief Technology Officer Gaurav Singal. On 09/22/2025 he disposed of 14,544 shares of common stock at $10.61 per share. After the transaction he beneficially owned 25,989 shares. The Form 4 was signed by an attorney-in-fact on 09/24/2025.

Cantaloupe, Inc. announced that its Chief Technology Officer, Gaurav Singal, will leave the company effective October 7, 2025. The company states the departure is a personal decision by Mr. Singal to pursue another opportunity and explicitly says it was not the result of any disagreement with the company regarding operations, policies, or practices. The filing does not disclose a successor, transition plan, severance details, or additional context.

Gaurav Singal, Chief Technology Officer of Cantaloupe, Inc. (CTLP), exercised and sold shares on 09/18/2025. He exercised 200,000 stock options with an exercise price of $3.27 per share, received the underlying common stock and immediately sold 200,000 shares at a weighted-average price of $10.63 per share. After these transactions he directly beneficially owns 40,533 shares. The exercised options were granted October 22, 2022 and vested in three equal annual installments beginning October 27, 2022. The filing states the purchase prices for the sale ranged from $10.6257 to $10.6325 and that the reporting person will provide details on request.

Cantaloupe, Inc. (Nasdaq: CTLP) reported fiscal year results showing revenue of $303 million, up 13% year-over-year, driven by higher transaction and subscription fees. Dollar transaction volume grew to $3.4 billion (up 13%). Active Devices rose to 1.28 million (up ~5%) and Active Customers to 34,896 (up 11%). The company completed acquisitions (Cheq and SB Software) and launched new products including Smart Store and Go Micro. It amended credit facilities in January 2025 providing up to $100 million of borrowing capacity and had $39.0 million outstanding as of June 30, 2025. The company disclosed material risks including cybersecurity, supply chain, intellectual property, customer concentration, chargeback exposure, and covenant compliance under the 2025 Credit Facility. A merger agreement with 365 Retail Markets was approved by shareholders on September 4, 2025, and, if closed, would result in Nasdaq delisting and deregistration.

Cantaloupe, Inc. held a virtual special meeting on September 4, 2025, where shareholders approved a merger with Catalyst Holdco II, Inc. under the Merger Agreement.

Shareholders representing 82.03% of votes were present; the Merger Proposal passed with 55,241,706 votes for and 4,899,343 against. An advisory vote on executive compensation in connection with the merger was also approved but attracted substantial opposition (35,998,059 for; 23,657,923 against). The parties filed HSR notices; the HSR waiting period is scheduled to expire on September 17, 2025, and the parties expect the merger to close in the second half of 2025, subject to closing conditions.

Amended Schedule 13G/A filed by Abrams Capital entities and David Abrams for Cantaloupe, Inc. (CTLP) reports that none of the reporting persons beneficially owns any common stock. The filing lists each reporting person with 0 shares (0%) and discloses no sole or shared voting or dispositive power. It states the position represents ownership of 5% or less of a class and includes a certification that the securities were not acquired to change or influence control of the issuer. The filing references an Exhibit 99.1 Joint Filing Agreement.