Cantaloupe, Inc. Announces Fiscal Year 2022 Annual Meeting of Shareholders

Rhea-AI Summary

Cantaloupe, Inc. (NASDAQ: CTLP) announced its Fiscal Year 2022 Annual Meeting of Shareholders, set for November 9, 2021, at 11 a.m. Eastern Time. Shareholders of record as of September 8, 2021 can participate by logging in with a control number provided in the proxy materials. The company specializes in digital payments and software services for the unattended retail market, aiming to enhance consumer engagement and operational control for its customers. Access to the meeting will be available via a dedicated virtual meeting website.

Positive

• Digital payments and software solutions position the company favorably in the unattended retail market.
• The annual meeting aligns closely with fiscal year-end, potentially streamlining shareholder engagement.

Negative

• Potential risks associated with COVID-19 could impact future operations and financial performance.
• Forward-looking statements indicate uncertainties related to revenue projections and customer retention.

MALVERN, Pa.--(BUSINESS WIRE)-- Cantaloupe, Inc. (Nasdaq: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, today announced that its Fiscal Year 2022 Annual Meeting of Shareholders will be held virtually November 9, 2021, beginning at 11 a.m. Eastern Time. This meeting is being conducted in the first half, to more closely align with the close of the prior fiscal year and the filing of the annual report. The virtual meeting website will be accessible 15 minutes prior to the meeting start and shareholders can log in by visiting: www.virtualshareholdermeeting.com/CTLP2021.

Shareholders of record as of the close of business on September 8, 2021, will be eligible to vote their shares and submit questions electronically during the virtual annual meeting, by using the 16-digit control number included in the notice of internet availability of the proxy materials, on their individual proxy card or on the voting instruction form accompanying these proxy materials to attend the annual meeting. The Company’s 2022 Proxy Statement, and 2021 Annual Report on Form 10-K are available on the Investor Relations portion of our website at www.cantaloupe.com.

About Cantaloupe, Inc.

Cantaloupe, Inc. is a software and payments company that provides end-to-end technology solutions for the unattended retail market. Cantaloupe is transforming the unattended retail community by offering one integrated solution for payments processing, logistics, and back-office management. The Company’s enterprise-wide platform is designed to increase consumer engagement and sales revenue through digital payments, digital advertising and customer loyalty programs, while providing retailers with control and visibility over their operations and inventory. As a result, customers ranging from vending machine companies to operators of micro-markets, gas and car charging stations, laundromats, metered parking terminals, kiosks, amusements and more, can run their businesses more proactively, predictably, and competitively.

Forward-looking Statements:

All statements other than statements of historical fact included in this release, including without limitation Cantaloupe’s future prospects and performance, the business strategy and the plans and objectives of Cantaloupe's management for future operations, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this release, words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “guidance,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions, as they relate to Cantaloupe or its management, may identify forward-looking statements. Such forward-looking statements are based on the reasonable beliefs of Cantaloupe's management, as well as assumptions made by and information currently available to Cantaloupe's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, including but not limited to the incurrence by Cantaloupe of any unanticipated or unusual non-operational expenses which would require us to divert our cash resources from achieving our business plan; the uncertainties associated with COVID-19, including its possible effects on Cantaloupe’s operations, financial condition and the demand for Cantaloupe’s products and services; the ability of Cantaloupe to predict or estimate its future quarterly or annual revenue and expenses given the developing and unpredictable market for its products; the ability of Cantaloupe to retain key customers from whom a significant portion of its revenues is derived; the ability of Cantaloupe to compete with its competitors to obtain market share; the ability of Cantaloupe to make available and successfully upgrade current customers to new standards and protocols; whether Cantaloupe's existing or anticipated customers purchase, rent or utilize ePort or Seed devices or our other products or services in the future at levels currently anticipated by Cantaloupe; the ability of Cantaloupe to execute on mergers, acquisitions and/or strategic alliances, including the timing and closing of acquisitions and our ability to integrate and operate such acquisitions consistent with our forecasts; disruptions to our systems, breaches in the security of transactions involving our products or services, or failure of our processing systems; or other risks discussed in Cantaloupe’s filings with the U.S. Securities and Exchange Commission, including but not limited to its Annual Report on Form 10-K for the year ended June 30, 2020 and its Quarterly Reports on Form 10-Q for the quarters ended September 30, 2020, December 31, 2020 and March 31, 2021. Readers are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statement made by us in this release speaks only as of the date of this release. Unless required by law, Cantaloupe does not undertake to release publicly any revisions to these forward-looking statements to reflect future events or circumstances or to reflect the occurrence of unanticipated events. If Cantaloupe updates one or more forward-looking statements, no inference should be drawn that Cantaloupe will make additional updates with respect to those or other forward-looking statements.

-- F-CTLP

View source version on businesswire.com: https://www.businesswire.com/news/home/20210909006031/en/

Media and Investor Relations Contacts for Cantaloupe, Inc.:

Alicia V. Nieva-Woodgate

Cantaloupe, Inc.

+1 720.445.4220

investorrelations@cantaloupe.com

Investor Relations:

ICR, Inc.

CantaloupeIR@icrinc.com

Source: Cantaloupe, Inc.

FAQ

When is the Cantaloupe Inc. Annual Meeting of Shareholders?

The Annual Meeting is on November 9, 2021, at 11 a.m. Eastern Time.

How can shareholders participate in the Cantaloupe Inc. Annual Meeting?

Shareholders can join the meeting virtually using a control number from the proxy materials.

What is the focus of Cantaloupe Inc.?

Cantaloupe, Inc. specializes in digital payments and software services for the unattended retail market.

What are the risks mentioned in the Cantaloupe Inc. press release?

The release highlights risks related to COVID-19 and uncertainties in revenue projections.