Company: CTLPP
Filing Date: 2025-07-24
Form Type: DEFM14A
Source: 0001140361-25-027048
Chunk: 22

Company: CANTALOUPE, INC.
Filing Date: 2025-07-24
Form: DEFM14A
Chunk 22
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 new employment arrangements with 365 that would become effective upon the closing of the Merger. As of the date of this proxy statement, none of our executive officers have entered into any arrangements with 365 with respect to their employment. |

Our Board was aware of these interests and considered them when it adopted the Merger Agreement and approved the Merger. For more information on the interests of our directors and executive officers in the Merger, see the section titled “ The Merger—Interests of Certain Persons in the Merger”. Financing of the Merger (Page 52) We anticipate that the total amount of funds necessary to complete the transactions contemplated by the Merger Agreement, and to pay related fees and expenses, will be approximately $945 million. This amount includes funds needed to pay: (a) the aggregate merger consideration and amounts payable to holders of preferred stock pursuant to the Redemption, (b) all payments in respect of Cantaloupe Options, Cantaloupe RSUs, Cantaloupe PSUs and Cantaloupe Restricted Stock Awards, (c) the amounts required to pay off all amounts outstanding under that certain Second Amended and Restated Credit Agreement, dated as of January 31, 2025, by and among Cantaloupe, as borrower, certain subsidiaries of Cantaloupe from time to time party thereto, as guarantors, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, and the lenders from time to time party thereto (which we refer to, as amended, restated, amended and restated, supplemented or otherwise modified from time to time, as the “Credit Agreement”) and all other amounts identified in the Payoff Letter (as defined in the section of this proxy statement titled “ The Merger Agreement—Cooperation as to Certain Indebtedness”), (d) all other payment obligations of 365, Holdco, Holdco II and Merger Subsidiary required to be paid on the closing date of the Merger and (e) all fees and expenses to be paid at the closing of the Merger by Cantaloupe in connection with the Merger (we refer to such amounts, collectively, as the “Transaction Amounts”). 365 has obtained committed financing consisting of debt financing (which we refer to as the “Debt Financing”) to be provided by the lender parties (which we refer to as the “Lender Parties”) pursuant to the terms and conditions

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