CANTALOUPE, INC.

Cantaloupe, Inc. (Nasdaq: CTLP) is a Pennsylvania-based global technology company that powers self-service commerce. The company offers a range of solutions including micro-payment processing, self-checkout kiosks, mobile ordering, connected point-of-sale (POS) systems, and enterprise cloud software. Cantaloupe handles over a billion transactions annually, serving 34,896 customers in the United States, United Kingdom, European Union countries, Australia, and Mexico across sectors such as food & beverage markets, smart automated retail, hospitality, entertainment venues, and laundromats. Cantaloupe's revenue comes from subscriptions, transaction processing, and equipment sales. The majority of revenue is generated from subscription and transaction fees related to transactions on, and connectivity and telemetry services provided by, its cashless devices, Seed™ software, Cantaloupe Go software, Cheq software (acquired in February 2024), SB Software (acquired in September 2024), and its API services via the Seed API (formerly Quick Connect) product. These services encompass digital payment processing, loyalty programs, inventory management, route logistics optimization, warehouse and accounting management, intelligent merchandising, digital advertising, and mobile ordering. Devices and POS terminals on the company's platform include those from the sale, finance, or monthly bundled subscription (Cantaloupe ONE program) of its POS electronic payment devices, checkout kiosks, telemetry devices, certified payment software, or the servicing of similar third-party installed POS terminals and telemetry devices. Most customers pay a monthly service fee plus a blended percentage rate on transaction volumes, with transaction fees being the most significant revenue driver. On June 15, 2025, Cantaloupe entered into a Merger Agreement with 365 Retail Markets, LLC, Catalyst Holdco I, Inc., Catalyst Holdco II, Inc., and Catalyst MergerSub Inc.