Company: CTLPP
Filing Date: 2025-07-11
Form Type: PREM14A
Source: 0001140361-25-025663
Chunk: 24

Company: CANTALOUPE, INC.
Filing Date: 2025-07-11
Form: PREM14A
Chunk 24
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ino Antitrust Improvements Act of 1976 (which we refer to as “HSR Act”). The Merger is not subject to a financing condition. For more information on the conditions to completion of the Merger, see the section of this proxy statement titled “The Merger Agreement—Conditions to Completion of the Merger ”.

#### Termination of the Merger Agreement (Page86)
The Merger Agreement may be terminated prior to the effective time of the Merger, notwithstanding the approval by Cantaloupe shareholders of the Merger Proposal, under specified circumstances. For more information about the circumstances in which either Cantaloupe or 365 could terminate the Merger Agreement, see the section of this proxy statement titled “ The Merger Agreement—Termination of the Merger Agreement ”.

#### Termination Fee; Effect of Termination (Page87)
The Merger Agreement provides that Cantaloupe will pay 365 a $31.5 million cash termination fee (a) if 365 validly terminates the Merger Agreement in the event of an Adverse Recommendation Change or a Triggering Event (as defined in the section of this proxy statement titled “ The Merger Agreement—No Solicitation of Acquisition Proposals; Changes in Board Recommendation ”), (b) Cantaloupe validly terminates the Merger Agreement to enter into a definitive agreement with a third party to effect a transaction contemplated by a Superior Proposal (as defined in the section of this proxy statement titled “ The Merger Agreement—No Solicitation of Acquisition Proposals; Changes in Board Recommendation ”), as set forth in, and subject to the conditions of, the Merger Agreement, or (c) if (i) after the date of the Merger Agreement and prior to the time of valid termination of the Merger Agreement, a bona fide Acquisition Proposal (as defined in the section of this proxy statement titled “ The Merger Agreement—No Solicitation of Acquisition Proposals; Changes in Board Recommendation ” except that all references to 15% or 85% are deemed references to 50%) will have been made to the Board or is publicly announced by the person making such Acquisition Proposal, (ii) thereafter, the Merger Agreement is validly terminated by 365 or Cantaloupe due to the Merger having not been consummated on or before the End Date (as defined in the section of this proxy statement titled “ The Merger Agreement—Termination of the Merger Agreement ”) or due to the failure to obtain