Cantaloupe agrees to be acquired by 365 Retail Markets for $11.20 per share in cash

CANTALOUPE, INC.

All-cash consideration of $11.20/share; shareholders to vote at special meeting on the merger.
Supporting shareholders owning ~14% of common stock entered Voting Agreements to support the deal.
Cantaloupe must pay a $31.5M termination fee if it accepts a superior proposal or triggers an adverse recommendation change.
CEO Scott Stewart receives $200K transaction bonus; Anna Novoseletsky receives $100K bonus.
Closing expected by June 15, 2026, subject to shareholder approval, HSR clearance, and other conditions.

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