Company: CTLPP
Filing Date: 2025-07-24
Form Type: DEFM14A
Source: 0001140361-25-027048
Chunk: 130

Company: CANTALOUPE, INC.
Filing Date: 2025-07-24
Form: DEFM14A
Chunk 130
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 the Merger Agreement may agree and designate in the statement of merger and certificate of merger as the effective time of the Merger.

#### Treatment of Common Stock
At the effective time of the Merger, each share of our common stock issued and outstanding immediately prior to the effective time of the Merger, but excluding the shares of common stock described in the following paragraph and the rollover shares (if any), will be converted into the right to receive $11.20 in cash, without interest and less any applicable withholding taxes.

At the effective time of the Merger, each share of Cantaloupe stock owned by Cantaloupe or any subsidiary of Cantaloupe as treasury stock (including all shares of preferred stock redeemed by Cantaloupe in accordance with the Merger Agreement) or owned by 365, Holdco, Holdco II or Merger Subsidiary, or by any other subsidiary of 365, immediately prior to the effective time of the Merger, will be canceled without payment.

Each rollover share (if any) will not be entitled to receive the merger consideration and will, (i) immediately prior to the effective time of the Merger, be subject to the treatment specified under the rollover agreement applicable to such rollover shares and (ii) at the effective time of the Merger, be canceled and retired and will cease to exist, and no consideration will be delivered in exchange for such cancellation and retirement. As of the date of this proxy statement, representatives of Douglas G. Bergeron, Chairman of the Board, and Jeffrey Dumbrell, Cantaloupe’s Chief Revenue Officer, have had preliminary discussions with representatives of 365 regarding potential rollover arrangements with respect to up to 1,032,559 shares of Cantaloupe’s common stock held by Mr. Bergeron and 20,000 shares of Cantaloupe’s common stock held by Mr. Dumbrell, but, as of the date of this proxy statement, no definitive agreement has been entered into between Mr. Bergeron or Mr. Dumbrell and 365 or its affiliates regarding such potential rollovers. Other than as described above, none of 365, Holdco, Holdco II, Merger Subsidiary or any of their respective affiliates has entered into any agreements, arrangements or understandings with respect to rollover shares.

For more information, see the sections of this proxy statement titled “ The Merger—Effects of the Merger ” and “ The Merger—