CANTALOUPE, INC.
Key Highlights
- Cantaloupe, Inc. acquired by 365 Retail Markets, LLC.
- Company transitioned from a public entity to a private subsidiary.
- Shareholders received a cash payout of $11.20 per share.
- Cantaloupe delisted from Nasdaq, ending public trading.
Event Analysis
CANTALOUPE, INC. Material Event - What Happened
Cantaloupe, Inc., known for its digital payment and software solutions for vending and kiosks, has officially completed its merger. The company is no longer a public business and now operates as a private subsidiary.
1. What happened?
365 Retail Markets, LLC, a leader in self-service technology, has acquired Cantaloupe, Inc. As of May 8, 2026, the deal is finalized, and Cantaloupe is now a wholly-owned subsidiary of 365 Retail Markets. It is no longer an independent, publicly traded company.
2. Why does this matter for your investment?
If you were a shareholder of Cantaloupe (ticker: CTLP), your investment has concluded.
- The Payout: Every share of Cantaloupe stock was canceled and converted into the right to receive $11.20 in cash. This amount is subject to taxes and does not include interest.
- The Stock Market: Cantaloupe has been delisted from the Nasdaq. It no longer trades on any public exchange, meaning there is no longer a market to buy or sell shares of this company.
3. What do you need to do?
- Check your brokerage: Most brokerage firms handle the conversion of your shares to cash automatically. Log into your account and check your transaction history or cash balance to confirm you received the $11.20 per share payout.
- Tax Documentation: Keep an eye out for any tax forms from your broker regarding this transaction, as the conversion of your shares to cash is a taxable event.
4. What about the future of the company?
Cantaloupe is no longer a public reporting company. This means:
- They will no longer file financial reports (like 10-Ks or 10-Qs) with the SEC.
- There will be no further public earnings calls or financial updates.
- The company is now under the control of 365 Retail Markets, which will dictate the future product roadmap and fee structures.
5. Final takeaway for investors
Because the company is now private and the stock has been delisted, there is no longer an opportunity to invest in Cantaloupe, Inc. as a public entity. If you held shares during the merger, your primary task is to verify that your brokerage account reflects the final cash payout.
Disclaimer: I’m just here to help you understand the news. I’m not a financial advisor, and this isn't official investment advice. Always do your own homework before making a trade!
Key Takeaways
- Verify your brokerage account to ensure the $11.20 per share payout was received.
- The company no longer files SEC reports or holds public earnings calls.
- Public investment in Cantaloupe is no longer possible.
- Prepare for tax reporting on the share conversion as it is a taxable event.
Why This Matters
Stockadora surfaced this event because it marks the definitive end of Cantaloupe, Inc. as a public investment vehicle. For shareholders, this is a 'terminal' event—the transition from a liquid, publicly traded asset to a private subsidiary means the investment thesis is no longer applicable.
This update is critical for investors to ensure they have received their final cash consideration and to close out their tax records. It serves as a reminder to reconcile brokerage accounts following major M&A activity, as the delisting removes all future market-based opportunities for this specific ticker.
Financial Impact
All outstanding shares were canceled and converted into a cash payment of $11.20 per share.
Affected Stakeholders
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About This Analysis
AI-powered summary derived from the original SEC filing.
Document Information
AI-Generated Analysis
This analysis is AI-generated from SEC filings. This is educational content, not financial advice. Always consult a financial advisor before making investment decisions.