Cantaloupe Aktie

Cantaloupe became, through the acquisition, a wholly owned indirect subsidiary of 365 Retail Markets. Each outstanding common share was (with exceptions) converted into the right to $11.20 in cash without interest; outstanding Series A preferred shares were redeemed for $11.00 plus accrued dividends. The company repaid its debt obligations, requested a suspension of trading and delisting from NASDAQ, and intends to terminate the registration of its common stock with the SEC. Upon the effective date of the merger, the board and former executives resigned; Joseph Hessling and Brittany Westerman were appointed as the new executives. » Más en de.investing.com

Cantaloupe said that CTO Gaurav Singal is leaving the company effective October 7 by personal decision to pursue another career opportunity. The company emphasized that the departure was not due to disagreements over business operations, policies or practices. Cantaloupe gave no information on a successor, interim arrangements or changes to compensation agreements. » Más en de.investing.com

Cantaloupe and 365 Retail Markets received a second request from the FTC under the Hart-Scott-Rodino Act, which extends the antitrust review period. The clock now runs for 30 days after substantial compliance with the request, unless the agency ends it earlier. Cantaloupe and 365 Retail Markets are cooperating with the FTC; the closing of the acquisition is still targeted for the first half of 2026, subject to regulatory approvals and other closing conditions. » Más en de.investing.com