M&A
confidence high
sentiment neutral
materiality 0.60
Cantaloupe clears HSR waiting period; merger with 365 Retail Markets closing expected May 8, 2026
CANTALOUPE, INC.
- HSR Act waiting period terminated May 1, 2026, satisfying a key closing condition for the merger.
- Closing expected on or about May 8, 2026, subject to remaining conditions.
- Notice of Redemption sent to Series A Preferred Stock holders; redemption price per share expected to be $62.90 ($11.00 plus $51.90 accrued dividends).
- Preferred shares may be converted into common stock before redemption; converted shares receive merger consideration instead.
- Redemption is conditional upon closing; if closing does not occur, redemption will not happen.