---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-031321"
form_type: "8-K"
ticker: "CTLP"
cik: "0000896429"
company_name: "CANTALOUPE, INC."
filed_at: "2022-12-05T23:59:59+00:00"
generated_at: "2026-06-21T10:00:42.014551+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cantaloupe acquires Three Square Market for $41M; adds micro market kiosks, international footprint.

## Summary
- Purchase price $41M: $25M debt from existing credit facility + cash on hand + ~$4.1M stock (1.24M shares, 2-yr vest).
- 32M estimated to generate ~$19M revenue with 20%+ EBITDA margins for CY2022 standalone.
- Adds ~3,000 micro market locations in North America, UK, Sweden, Romania; expands international reach.
- Offers full range of self-service kiosks, payment, and software; CEO says immediately accretive to growth and margins.
- Analyst day on Dec 12 to provide updated guidance including 32M impact.

## SEC filing metadata
- accession: 0001628280-22-031321
- form_type: 8-K
- ticker: CTLP
- cik: 0000896429
- company_name: CANTALOUPE, INC.
- filed_at: 2022-12-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/896429/000162828022031321/0001628280-22-031321-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/896429/000162828022031321/usat-20221201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-031321
- JSON: https://secwatch.observer/filing/0001628280-22-031321.json
- Plain text: https://secwatch.observer/filing/0001628280-22-031321.txt

## Key facts
- Material Agreements
  CANTALOUPE, INC. amended Amendment with JP Morgan Chase Bank, N.A. (effective 2022-12-01).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JP Morgan Chase Bank, N.A.
  - Effective: 2022-12-01
  source text: On December 1, 2022, Cantaloupe, Inc. (“the Company”) entered into that certain first amendment (the “Amendment”) to its Amended and Restated Credit Agreement, dated as of March 17, 2022 (the “Credit Agreement”), among the Company, as the borrower, its subsidiaries, as guarantors, and JP Morgan Chase Bank, N.A., as lender and administrative agent, which, among other things, amended the definition of the Company’s EBITDA under the Credit Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/896429/000162828022031321/0001628280-22-031321-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.