Company: CTLPP
Filing Date: 2025-06-16
Form Type: DEFA14A
Source: 0001104659-25-059759
Chunk: 4

Company: CANTALOUPE, INC.
Filing Date: 2025-06-16
Form: DEFA14A
Chunk 4
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 absence of any voluntary agreement in effect between Parent
and any governmental authority related to any antitrust law pursuant to which Parent has agreed to not consummate the Merger for any period
of time, (iii) the absence of any order or preliminary or permanent injunction issued by a court of competent jurisdiction in effect
enjoining or otherwise prohibiting the Merger, (iv) the absence of a “Material Adverse Effect” (as defined in the Merger
Agreement) or any effect that would reasonably be expected to result in a “Material Adverse Effect” and (v) the other
party’s representations and warranties being true and correct as of certain specified periods (subject to certain customary materiality
exceptions) and the other party having performed in all material respects its obligations under the Merger Agreement. The Merger is not
conditioned on Parent or any other party obtaining debt financing.

The Merger Agreement
provides that the Company must comply with customary non-solicitation restrictions, including, among others, certain restrictions
on its ability to (i) solicit alternative Acquisition Proposals (as defined in the Merger Agreement) from third parties, (ii) provide non-public information
to third parties and (iii) engage in negotiations with third parties regarding alternative Acquisition Proposals. Subject to certain
customary “fiduciary out” exceptions, the Board of Directors is required to recommend that the Company’s shareholders
approve and adopt the Merger Agreement and to call a meeting of the Company’s shareholders to vote on a proposal to approve and
adopt the Merger Agreement.

Either the Company or
Parent may terminate the Merger Agreement prior to the Effective Time in certain circumstances, including, among others, (i) by mutual
agreement, (ii) by either party if the Merger is not completed on or before June 15, 2026 (such date, including any extension
of such date pursuant to the Merger Agreement and any such later date as may be mutually agreed in writing by Parent and the Company,
the “End Date”), which is subject to extension until September 15, 2026 in certain circumstances if required regulatory
approvals have not been obtained or in the event of a restraint enjoining or prohibiting the Merger and relating to required regulatory
approvals is in effect, (iii) by either party if a restraint is in effect permanently prohibiting the Merger, (iv) by either
party if after conclusion of the Company’s shareholder meeting (including any adjournment or