# EDGAR Filing Document

**Accession Number:** 0000896429
**File Stem:** 0001140361-25-022693
**Filing Date:** 2025-6
**Character Count:** 14912
**Document Hash:** 76fe2ade0c4da7755f30a43d77ca6514
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-25-022693.hdr.sgml**: 20250616

**ACCESSION NUMBER**: 0001140361-25-022693

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250616

**DATE AS OF CHANGE**: 20250616

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CANTALOUPE, INC.
- **CENTRAL INDEX KEY:** 0000896429
- **STANDARD INDUSTRIAL CLASSIFICATION:** CALCULATING & ACCOUNTING MACHINES (NO ELECTRONIC COMPUTERS) [3578]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 232679963
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-79579
- **FILM NUMBER:** 251051441

**BUSINESS ADDRESS:**
- **STREET 1:** 101 LINDENWOOD DRIVE
- **STREET 2:** SUITE 405
- **CITY:** MALVERN
- **STATE:** PA
- **ZIP:** 19355
- **BUSINESS PHONE:** 8006330340

**MAIL ADDRESS:**
- **STREET 1:** 101 LINDENWOOD DRIVE
- **STREET 2:** SUITE 405
- **CITY:** MALVERN
- **STATE:** PA
- **ZIP:** 19355

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USA TECHNOLOGIES INC
- **DATE OF NAME CHANGE:** 19950523

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USA ENTERTAINMENT CENTER INC
- **DATE OF NAME CHANGE:** 19931029
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Hudson Executive Capital LP
- **CENTRAL INDEX KEY:** 0001652522

**ORGANIZATION NAME:**
- **EIN:** 472878186
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** C/O CADWALADER, WICKERSHAM & TAFT, LLP
- **STREET 2:** 200 LIBERTY STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10281
- **BUSINESS PHONE:** (212) 521-8495

**MAIL ADDRESS:**
- **STREET 1:** C/O CADWALADER, WICKERSHAM & TAFT, LLP
- **STREET 2:** 200 LIBERTY STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10281

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 14)**

**CANTALOUPE, INC.**

*(Name of Issuer)*

**Common Stock, no par value**

*(Title of Class of Securities)*

**138103106**

*(CUSIP Number)*

**Douglas L. Braunstein**<br>Hudson Executive Capital LP<br>c/o White & Case LLP, 1221 6th Avenue<br>New York NY 10020<br>(212) 521 8495

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**06/15/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **138103106** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Hudson Executive Capital LP** | Name of reporting person<br>**Hudson Executive Capital LP** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**48678.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**9270694.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**48678.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**9270694.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**9319372.00** | Aggregate amount beneficially owned by each reporting person<br>**9319372.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**12.76%** | Percent of class represented by amount in Row (11)<br>**12.76%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IA** | Type of Reporting Person (See Instructions)<br>**IA** | |

---

**Comment for Reporting Person:** (1) Calculated based on 73,058,462 shares of outstanding common stock, no par value, of the Issuer, as of May 2, 2025, as reported in the Issuer's Form 10-Q filed with the U.S. Securities and Exchange Commission ("SEC") on May 8, 2025.

| **CUSIP No.** | **138103106** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**HEC Management GP LLC** | Name of reporting person<br>**HEC Management GP LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**9319372.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**9319372.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**9319372.00** | Aggregate amount beneficially owned by each reporting person<br>**9319372.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**12.76%** | Percent of class represented by amount in Row (11)<br>**12.76%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IA** | Type of Reporting Person (See Instructions)<br>**IA** | |

---

**Comment for Reporting Person:** (2) Calculated based on 73,058,462 shares of outstanding common stock, no par value, of the Issuer, as of May 2, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on May 8, 2025.

| **CUSIP No.** | **138103106** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Douglas L. Braunstein** | Name of reporting person<br>**Douglas L. Braunstein** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**20212.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**9319372.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**20212.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**9319372.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**9339584.00** | Aggregate amount beneficially owned by each reporting person<br>**9339584.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**12.78%** | Percent of class represented by amount in Row (11)<br>**12.78%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** (3) Calculated based on 73,058,462 shares of outstanding common stock, no par value, of the Issuer, as of May 2, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on May 8, 2025.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock, no par value

**(b) Name of Issuer:**
CANTALOUPE, INC.

**(c) Address of Issuer's Principal Executive Offices:**
100 Deerfield Lane, Suite 300, Malvern, PA, 19355

This Amendment No. 14 to Schedule 13D (this "Amendment No. 14") relates to the Schedule 13D filed on May 20, 2019 (the "Initial 13D" and, as amended and supplemented through the date of this Amendment No. 14, collectively, the "Schedule 13D") by the Reporting Persons, relating to the common stock, no par value (the "Common Stock"), of Cantaloupe, Inc., a company organized under the laws of the State of Pennsylvania (the "Issuer"). Capitalized terms used but not defined in this Amendment No. 14 shall have the meanings set forth in the Schedule 13D.

ITEM 1. SECURITY AND ISSUER

Item 1 of the Schedule 13D is hereby amended and restated in its entirety as follows:
 
This Schedule 13D relates to the shares of Common Stock. The principal executive offices of the Issuer are located at 100 Deerfield Lane, Suite 300, Malvern, Pennsylvania 19355.
 
Hudson Executive Capital LP, a Delaware limited partnership ("Hudson Executive"), beneficially owns an aggregate of 9,319,372 shares of Common Stock representing approximately 12.76% of the issued and outstanding shares of Common Stock. HEC Management GP LLC, a Delaware limited liability company ("Management GP"), beneficially owns an aggregate of 9,319,372 shares of Common Stock representing approximately 12.76% of the issued and outstanding shares of Common Stock. Douglas L. Braunstein, a citizen of the United States of America, beneficially owns an aggregate of 9,339,584 shares of Common Stock representing approximately 12.78% of the issued and outstanding shares of Common Stock.

**Item 4. Purpose of Transaction**

Item 4 of the Schedule 13D is hereby amended and supplemented by the following: 

The information provided in Item 6 is incorporated by reference herein.

**Item 5. Interest in Securities of the Issuer**

**(a)**
Items 5(a) and 5(b) are each hereby amended and supplemented to incorporate by reference the information provided in the cover pages and in response to Item 1 of this Amendment No. 14.

**(b)**
—

**(c)**
—

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Item 6 of the Schedule 13D is hereby amended and supplemented by the following: 

Merger Agreement 

Pursuant to the Agreement and Plan of Merger, dated as of June 15, 2025 (the "Merger Agreement"), by and among the Issuer, 365 Retail Markets, LLC, a Delaware limited liability company ("Parent"), Catalyst Holdco I, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Holdco"), Catalyst Holdco II, Inc., a Delaware corporation and a wholly-owned subsidiary of Holdco ("Holdco II") and Catalyst MergerSub Inc., a Delaware corporation and a wholly-owned subsidiary of Holdco II ("Merger Subsidiary"), subject to the terms and conditions thereof, Merger Subsidiary will merge with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly-owned, indirect subsidiary of Parent. 

Voting Agreement 

Concurrently with the execution and delivery of the Merger Agreement, certain of the Reporting Persons entered into a Voting and Support Agreement with Parent (the "Voting Agreement").  Pursuant to the Voting Agreement, certain Reporting Persons (solely in their and their representatives' capacity as a stockholder of the Issuer) agreed to, among other matters, vote in favor of the approval and adoption of the Merger Agreement and the transactions contemplated thereby, including the Merger. The Voting Agreement will terminate upon the earliest of, among other occurrences: (i) the Effective Time (as defined in the Merger Agreement); (ii) the date on which the Merger Agreement is validly terminated; and (iii) the date of any modification, waiver or amendment to any provision of the Merger Agreement effected without the Reporting Persons' consent that (A) decreases the amount or changes the form of Merger Consideration (as defined in the Merger Agreement), (B) extends the End Date (as defined in the Merger Agreement) or (C) imposes any additional conditions on consummation of the Merger. In addition, the Voting Agreement contains certain restrictions on transfer of Subject Securities (as defined in the Voting Agreement) held by the Reporting Persons party thereto. 

The foregoing description of the Voting Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the form of Voting Agreement, a copy of which is attached as Exhibit 99.1 and is incorporated by reference herein.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Hudson Executive Capital LP

**Signature:** /s/ Douglas L. Braunstein

**Name/Title:** Douglas L. Braunstein, Managing Member

**Date:** 06/16/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** HEC Management GP LLC

**Signature:** /s/ Douglas L. Braunstein

**Name/Title:** Douglas L. Braunstein, Managing Member

**Date:** 06/16/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Douglas L. Braunstein

**Signature:** /s/ Douglas L. Braunstein

**Name/Title:** Douglas L. Braunstein

**Date:** 06/16/2025