secwatch / observer

CANTALOUPE, INC. — fact timeline

Source-grounded facts extracted from CANTALOUPE, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

CTLP CANTALOUPE, INC. JSON
M&A Transactions

CANTALOUPE, INC. underwent a change of control involving 365 Retail Markets, LLC for $11.20 in cash (closed 2026-05-08).

“Rollover Shares immediately prior to the Effective Time, and were canceled at the Effective Time for no consideration) were canceled and converted into the right to receive $11.20 in cash, without interest (such amount per share, the “ Merger Consideration ”). At the Effective Time, (i) each Company RSU (as defined in the Merger Agreement) that was”
Material Agreements

CANTALOUPE, INC. terminated Credit Agreement with JPMorgan Chase Bank, N.A..

“the Company terminated and repaid in full all outstanding obligations due under the Second Amended and Restated Credit Agreement, dated as of January 31, 2025, by and among, inter alios , the Company, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “ Credit Agreement ”).”

Brittany Westerman was appointed as Officer at CANTALOUPE, INC..

“Effective as of the Effective Time, Joseph Hessling and Brittany Westerman were appointed as officers of the Surviving Corporation.”

Joseph Hessling was appointed as Officer at CANTALOUPE, INC..

“Effective as of the Effective Time, Joseph Hessling and Brittany Westerman were appointed as officers of the Surviving Corporation.”

Brittany Westerman was appointed as Director at CANTALOUPE, INC..

“Effective as of the Effective Time, Jeffrey Dumbrell, Joseph Hessling, Mollie Krupp, Scott Stewart and Brittany Westerman were appointed as directors of the Surviving Corporation.”

Scott Stewart was appointed as Director at CANTALOUPE, INC..

“Effective as of the Effective Time, Jeffrey Dumbrell, Joseph Hessling, Mollie Krupp, Scott Stewart and Brittany Westerman were appointed as directors of the Surviving Corporation.”

Mollie Krupp was appointed as Director at CANTALOUPE, INC..

“Effective as of the Effective Time, Jeffrey Dumbrell, Joseph Hessling, Mollie Krupp, Scott Stewart and Brittany Westerman were appointed as directors of the Surviving Corporation.”

Joseph Hessling was appointed as Director at CANTALOUPE, INC..

“Effective as of the Effective Time, Jeffrey Dumbrell, Joseph Hessling, Mollie Krupp, Scott Stewart and Brittany Westerman were appointed as directors of the Surviving Corporation.”

Jeffrey Dumbrell was appointed as Director at CANTALOUPE, INC..

“Effective as of the Effective Time, Jeffrey Dumbrell, Joseph Hessling, Mollie Krupp, Scott Stewart and Brittany Westerman were appointed as directors of the Surviving Corporation.”

Shannon S. Warren resigned as Director at CANTALOUPE, INC..

“Lisa P. Baird, Douglas G. Bergeron, Ian Harris, Jacob Lamm, Michael K. Passilla, Ellen Richey, Anne M. Smalling, Ravi Venkatesan and Shannon S. Warren, each a director of the Company as of immediately prior to the Effective Time, resigned from the board of directors of the Company (including from all committees thereof).”

Ravi Venkatesan resigned as Director at CANTALOUPE, INC..

“Lisa P. Baird, Douglas G. Bergeron, Ian Harris, Jacob Lamm, Michael K. Passilla, Ellen Richey, Anne M. Smalling, Ravi Venkatesan and Shannon S. Warren, each a director of the Company as of immediately prior to the Effective Time, resigned from the board of directors of the Company (including from all committees thereof).”

Anne M. Smalling resigned as Director at CANTALOUPE, INC..

“Lisa P. Baird, Douglas G. Bergeron, Ian Harris, Jacob Lamm, Michael K. Passilla, Ellen Richey, Anne M. Smalling, Ravi Venkatesan and Shannon S. Warren, each a director of the Company as of immediately prior to the Effective Time, resigned from the board of directors of the Company (including from all committees thereof).”

Ellen Richey resigned as Director at CANTALOUPE, INC..

“Lisa P. Baird, Douglas G. Bergeron, Ian Harris, Jacob Lamm, Michael K. Passilla, Ellen Richey, Anne M. Smalling, Ravi Venkatesan and Shannon S. Warren, each a director of the Company as of immediately prior to the Effective Time, resigned from the board of directors of the Company (including from all committees thereof).”

Michael K. Passilla resigned as Director at CANTALOUPE, INC..

“Lisa P. Baird, Douglas G. Bergeron, Ian Harris, Jacob Lamm, Michael K. Passilla, Ellen Richey, Anne M. Smalling, Ravi Venkatesan and Shannon S. Warren, each a director of the Company as of immediately prior to the Effective Time, resigned from the board of directors of the Company (including from all committees thereof).”

Jacob Lamm resigned as Director at CANTALOUPE, INC..

“Lisa P. Baird, Douglas G. Bergeron, Ian Harris, Jacob Lamm, Michael K. Passilla, Ellen Richey, Anne M. Smalling, Ravi Venkatesan and Shannon S. Warren, each a director of the Company as of immediately prior to the Effective Time, resigned from the board of directors of the Company (including from all committees thereof).”

Ian Harris resigned as Director at CANTALOUPE, INC..

“Lisa P. Baird, Douglas G. Bergeron, Ian Harris, Jacob Lamm, Michael K. Passilla, Ellen Richey, Anne M. Smalling, Ravi Venkatesan and Shannon S. Warren, each a director of the Company as of immediately prior to the Effective Time, resigned from the board of directors of the Company (including from all committees thereof).”

Douglas G. Bergeron resigned as Director at CANTALOUPE, INC..

“Lisa P. Baird, Douglas G. Bergeron, Ian Harris, Jacob Lamm, Michael K. Passilla, Ellen Richey, Anne M. Smalling, Ravi Venkatesan and Shannon S. Warren, each a director of the Company as of immediately prior to the Effective Time, resigned from the board of directors of the Company (including from all committees thereof).”

Lisa P. Baird resigned as Director at CANTALOUPE, INC..

“Lisa P. Baird, Douglas G. Bergeron, Ian Harris, Jacob Lamm, Michael K. Passilla, Ellen Richey, Anne M. Smalling, Ravi Venkatesan and Shannon S. Warren, each a director of the Company as of immediately prior to the Effective Time, resigned from the board of directors of the Company (including from all committees thereof).”
Debt Financings

CANTALOUPE, INC. incurred term loan of $30 million with JPMorgan Chase Bank, N.A. (as administrative agent) at SOFR plus an applicable margin tied to the Company’s total net leverage ratio an maturing January 31, 2030.

“$30 million secured delayed draw term loan facility (the "Delayed Draw Term Loan Facility")”
Earnings Releases

CANTALOUPE, INC. reported third quarter ended March 31, 2024 results: revenue $67.9 million, net income $4.4 million, EPS $0.06 per share.

“Cantaloupe, Inc. Reports Third Quarter Fiscal Year 2024 Financial Results Third Quarter 2024 Revenue of $67.9 Million, Driven by 15.5% Year Over Year Growth in Subscription and Transaction Fees Third Quarter 2024 Net Income Applicable to Common Shares of $4.4 Million and Adjusted EBITDA of $10.2 Million”
Earnings Releases

CANTALOUPE, INC. reported the second quarter ended December 31, 2023 results: revenue Revenue of $65.4 million, net income Net income applicable to common shares of $3.1 million, EPS $0.04 per share. Guidance reaffirmed.

“as being incorporated by reference. --- EX-99.1 (EX-99.1) --- Cantaloupe, Inc. Reports Second Quarter Fiscal Year 2024 Financial Results Second Quarter 2024 Revenue of $65.4 Million, Driven by 15% Year Over Year Growth in Subscription and Transaction Fees Second Quarter 2024 Net Income Applicable to Common Shares of $3.1 Million and Adjusted EBITDA of $8.5”
Auditor Changes

CANTALOUPE, INC. engaged Deloitte & Touche LLP as its auditor.

“the Audit Committee further approved, and the Board ratified, the appointment of Deloitte as the Company's new independent registered public accounting firm”
Auditor Changes

CANTALOUPE, INC. dismissed BDO USA P.C. as its auditor.

“approved, and the Board ratified, the dismissal of BDO USA P.C. ("BDO") as the Company's independent registered public accounting firm”
Earnings Releases

CANTALOUPE, INC. reported fourth quarter and fiscal year ended June 30, 2023 results: revenue Fourth Quarter 2023 Revenue of $64.2 million; Fiscal Year 2023 Revenue of $243.6 million, net income Fiscal Year 2023 U.S. GAAP Net Income of $0.01 million; U.S. GAAP Net income applicable to common shares of $2.8 million, EPS U.S. GAAP Net income of $0.04 per share for Q4 2023; $0.00 per share for fiscal year 2023. Guidance initiated.

“Cantaloupe, Inc. Reports Fourth Quarter and Fiscal Year 2023 Financial Results Fourth Quarter 2023 Revenue of $64.2 million, an 11% Year over Year Increase Fiscal Year 2023 Revenue of $243.6 million, a 19% Year over Year Increase Fiscal Year 2023 U.S. GAAP Net Income of $0.01 million Fiscal Year 2023 Adjusted EBITDA of $17.8 million, an 80% Year over Year Increase”

Jared Grachek was appointed as Chief Accounting Officer at CANTALOUPE, INC..

“On May 22, 2023, Cantaloupe, Inc. (the “Company”) appointed Jared Grachek to the position of Chief Accounting Officer, and Mr. Grachek assumed the responsibilities of principal accounting officer.”
Earnings Releases

CANTALOUPE, INC. reported third quarter ended March 31, 2023 results: revenue $60.4 million, net income $6.7 million, EPS $0.09 per share. Guidance reaffirmed.

“Cantaloupe, Inc. Reports Third Quarter of Fiscal Year 2023 Financial Results Third Quarter Revenue of $60.4 Million, a 20% Year over Year Increase Third Quarter U.S. GAAP Net Income of $6.7 million Record Adjusted EBITDA of $10.1 Million, a 176% Increase Compared to Q322 Reiterates Fiscal Year 2023 Guidance”

Ankit Varia resigned as Chief Accounting Officer at CANTALOUPE, INC..

“On February 3, 2023, Ankit Varia, the Company’s Chief Accounting Officer and Principal Accounting Officer, announced his resignation from his role at Cantaloupe, Inc. (the “Company”) and its subsidiaries, effective February 10, 2023, in order to pursue other opportunities.”
Earnings Releases

CANTALOUPE, INC. reported the second quarter ended December 31, 2022 results: revenue $61.3 million, net income $573,000, EPS $(0.01) per share. Guidance reaffirmed.

“Second Quarter 2023 Key Financial Results: • Revenue of $61.3 million, an increase of 20% year over year. ◦ Transaction fees of $32.4 million, an increase of 21% year over year ◦ Subscription fees of $16.5 million, an increase of 15% year over year ◦ Equipment sales of $12.4 million, an increase of 25% year over year • Total Dollar Volumes of Transactions were $649.4 million, an increase of 17% year over year • Gross margin of 30.1% compared with 31.3% in the prior year quarter ◦ Subscription and transaction fees margins of 38.3% compared to 39.5% in the prior year quarter ◦ Equipment sales margins of (2.3)% compared to (2.8)% in the prior year quarter • U.S. GAAP Net loss applicable to common shares of $573,000, or $(0.01) per share, compared to Net loss applicable to common shares of $468,000, or $(0.01) per share, in in the prior year quarter”
Material Agreements

CANTALOUPE, INC. amended Amendment with JP Morgan Chase Bank, N.A. (effective 2022-12-01).

“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.”
Shareholder Votes

CANTALOUPE, INC. shareholders approved Approve Amendment to the Company’s 2018 Equity Incentive Plan. at the 2022-11-30 meeting.

“The Company’s shareholders approved the amendment to the Company’s 2018 Equity Incentive Plan, and the voting results were as follows: Votes for 50,523,134 Votes against 1,522,351 Abstentions 302,768 Broker Non-Votes 8,232,235”
Shareholder Votes

CANTALOUPE, INC. shareholders approved Advisory Vote on named executive officer compensation. at the 2022-11-30 meeting.

“The Company’s shareholders approved, on an advisory basis, the Company’s named executive officer compensation as disclosed in the Company’s proxy statement for the Annual Meeting, and the voting results were as follows: Votes for 50,344,154 Votes against 1,632,579 Abstentions 371,520 Broker Non-Votes 8,232,235”
Shareholder Votes

CANTALOUPE, INC. shareholders approved Ratification of the appointment of BDO USA, LLP as the independent registered public accounting firm of the Company for fiscal year ending June 30, 2023. at the 2022-11-30 meeting.

“The ratification of the appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for 2023 was approved, and the voting results were as follows: Votes for 58,971,834 Votes against 1,486,558 Abstentions 122,096”
Shareholder Votes

CANTALOUPE, INC. shareholders approved Election of Directors at the 2022-11-30 meeting.

“Each nominee for director was elected, and the voting results were as follows: Nominee Votes for Votes against Abstentions Broker Non-Votes Lisa P. Baird 50,782,036 1,457,365 108,852 8,232,235 Douglas G. Bergeron 50,815,504 1,422,534 110,215 8,232,235 Ian Harris 50,425,173 1,816,260 106,820 8,232,235 Jacob Lamm 50,867,307 1,374,729 106,217 8,232,235 Michael K. Passilla 51,115,710 1,126,326 106,217 8,232,235 Ellen Richey 51,161,814 1,076,062 110,377 8,232,235 Anne M. Smalling 50,005,343 2,233,048 109,862 8,232,235 Ravi Venkatesan 51,210,924 1,031,022 106,307 8,232,235 Shannon S. Warren 51,155,907 1,082,494 109,852 8,232,235”
Earnings Releases

CANTALOUPE, INC. reported first quarter ended September 30, 2022 results: revenue $57.8 million, net income Net loss applicable to common shares of $8.9 million, or $(0.13) per share, EPS $(0.13) per share. Guidance reaffirmed.

“Cantaloupe, Inc. Reports First Quarter Fiscal Year 2023 Results First Quarter Revenue of $57.8 Million”

Ravi Venkatesan was appointed as Director at CANTALOUPE, INC..

“Mr. Venkatesan will also be promoted to the Board of Directors, effective October 1, 2022.”

Ravi Venkatesan was appointed as Chief Executive Officer at CANTALOUPE, INC..

“Ravi Venkatesan (age 46), the Company’s Chief Operating Officer, was appointed Chief Executive Officer, effective October 1, 2022.”

Sean Feeney resigned as Chief Executive Officer at CANTALOUPE, INC..

“On September 8, 2022, Sean Feeney, the Company’s Chief Executive Officer, announced his retirement and resigned from his role at the Company and its subsidiaries, effective September 30, 2022.”

Ankit Varia was appointed as Chief Accounting Officer at CANTALOUPE, INC..

“On July 15, 2022, Cantaloupe, Inc. (the “Company”) appointed Ankit Varia to the position of Chief Accounting Officer, and Mr. Varia assumed the responsibilities of principal accounting officer.”

R. Wayne Jackson resigned as Chief Financial Officer at CANTALOUPE, INC..

“On February 2, 2022, R. Wayne Jackson, the Company’s Chief Financial Officer, announced his retirement and resigned from his role at the Company and its subsidiaries, effective February 4, 2022.”

Ian Harris was appointed as director at CANTALOUPE, INC..

“On February 2, 2022, the Board appointed Ian Harris as a director of the Company, effective immediately.”

Douglas L. Braunstein resigned as member of the Board at CANTALOUPE, INC..

“On February 2, 2022, Douglas L. Braunstein notified the Chairman of the Board (the “Board”) of Cantaloupe, Inc. (the “Company”) of his decision to resign, effective immediately, from his position as a member of the Board.”

Anant Agrawal departed as Chief Revenue Officer at CANTALOUPE, INC..

“On October 5, 2021, Cantaloupe, Inc. (the “Company”) received notice from Anant Agrawal of his intention to retire from his position as the Chief Revenue Officer of the Company, effective on October 8, 2021.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.