Shareholder Alert: The Ademi Firm Investigates Whether Cantaloupe, Inc. Is Obtaining a Fair Price for Its Public Shareholders

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MILWAUKEE--(BUSINESS WIRE)--Jun 16, 2025--

The Ademi Firm is investigating Cantaloupe (NASDAQ: CTLP) for possible breaches of fiduciary duty and other violations of law in its transaction with 365 Retail Markets .

Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.

In the cash transaction, shareholders of Cantaloupe will receive $11.20 per share, with an equity value of approximately $848 million. Cantaloupe insiders will receive substantial benefits as part of change of control arrangements.

The transaction agreement unreasonably limits competing transactions for Cantaloupe by imposing a significant penalty if Cantaloupe accepts a competing bid. We are investigating the conduct of the Cantaloupe board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250616812703/en/

CONTACT: Ademi & Fruchter LLP

Guri Ademi

Toll Free: (866) 264-3995

Fax: (414) 482-8001

KEYWORD: UNITED STATES NORTH AMERICA WISCONSIN

INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL

SOURCE: Ademi & Fruchter LLP

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PUB: 06/16/2025 09:28 AM/DISC: 06/16/2025 09:26 AM

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