Company: CTLPP
Filing Date: 2025-07-24
Form Type: DEFM14A
Source: 0001140361-25-027048
Chunk: 23

Company: CANTALOUPE, INC.
Filing Date: 2025-07-24
Form: DEFM14A
Chunk 23
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of that certain debt commitment letter, dated as of June 15, 2025, by and between 365 and the Lender Parties (which we refer to as the “Debt Commitment Letter”). In connection with the Merger Agreement, 365 has delivered to Cantaloupe a copy of the Debt Commitment Letter. Such amounts will be used to fund all or a portion of the aggregate purchase price required to be paid in connection with closing of the Merger, and to also fund certain other payments (including the Transaction Amounts, premiums and other transaction costs incurred in connection with the transactions contemplated by the Merger Agreement), subject to the terms and conditions of the Merger Agreement.

In connection with the Merger Agreement, the Lender Parties have committed to provide 365 with the Debt Financing to pay the Transaction Amounts and for other permitted purposes described in the Debt Commitment Letter (including for working capital needs and to finance general corporate purposes). The obligations of the Lender Parties to provide Debt Financing under the Debt Commitment Letter are subject to a number of customary conditions, including the substantially concurrent consummation of the Merger. For more information, please see the section of this proxy statement titled “The Merger Agreement—Debt Financing ”.

#### No Solicitation of Acquisition Proposals (Page73)
Cantaloupe has agreed not to, among other things, (i) solicit, initiate, propose or take any action to knowingly facilitate or knowingly encourage the submission of any Acquisition Proposal or any inquiry, proposal or offer that would reasonably be expected to result in an Acquisition Proposal (each such inquiry, proposal or offer, which we refer to as an “Inquiry”), (ii) furnish any nonpublic information relating to Cantaloupe or any of its subsidiaries or afford access to the business, properties, assets, books or records of Cantaloupe or any of its subsidiaries to any third party or its representatives, (iii) enter into, continue or otherwise participate or engage in any discussions or negotiations with, or otherwise knowingly cooperate or knowingly assist, participate in, facilitate or knowingly encourage any effort by, any third party or its representatives regarding any Acquisition Proposal or any Inquiry, (iv) take any action to make any “moratorium”, “control share acquisition”, “fair price”, “supermajority”, “affiliate transactions” or “business combination statute or regulation” or other similar anti-takeover laws and regulations under the PBCL or the Cantaloupe Articles inapplicable to any third