Company: CTLPP
Filing Date: 2025-07-11
Form Type: PREM14A
Source: 0001140361-25-025663
Chunk: 61

Company: CANTALOUPE, INC.
Filing Date: 2025-07-11
Form: PREM14A
Chunk 61
---
, to conduct exploratory outreach to solicit interest from potential acquirors identified by J.P. Morgan and Cantaloupe’s management who could be interested in a transaction to acquire Cantaloupe.

On January 28, 2025, members of Cantaloupe’s management, including Mr. Venkatesan, met with representatives of J.P. Morgan to discuss, among other topics, the January 21 Party D Proposal and certain strategic considerations in connection with a potential sale transaction, as well as an overview of other potential acquirors of Cantaloupe. Following discussion, Cantaloupe’s management directed J.P. Morgan to inform Party D that J.P. Morgan would be acting as Cantaloupe’s financial advisor to evaluate the January 21 Party D Proposal. Cantaloupe’s management also reviewed with representatives of J.P. Morgan a number of potential strategic and financial acquirors that could be interested in a potential acquisition of Cantaloupe. Cantaloupe’s management discussed various potential acquirors

<div align='center'>30</div>

#### TABLE OF CONTENTS
that J.P. Morgan had specifically identified and the reasons such potential acquirors may be interested in acquiring Cantaloupe, as well as additional potential acquirors that were not previously identified that could also be interested in a potential acquisition of Cantaloupe. After discussion, Cantaloupe’s management authorized J.P. Morgan to solicit interest from potential acquirors that had been discussed with Cantaloupe’s management to gauge their interest in a potential transaction with Cantaloupe.

Following the meeting on January 28, 2025 and at the direction of Cantaloupe’s management, representatives of J.P. Morgan discussed a potential transaction with 12 potential acquirors, including Party A, Party B, Party D and seven other potential financial acquirors (two of which we refer to as “Party E” and “Party F”) and Party C and one other potential strategic acquiror, to gauge their interest in a potential transaction with Cantaloupe.

On February 6, 2025, after the conclusion of trading hours, Cantaloupe reported the results of its fiscal quarter ended December 31, 2024. The closing price for shares of common stock on February 7, 2025, the first trading day following Cantaloupe’s earnings release, was $9.84, which represented a 13.5% increase