<SEC-DOCUMENT>0001140361-25-022693.txt : 20250616
<SEC-HEADER>0001140361-25-022693.hdr.sgml : 20250616
<ACCEPTANCE-DATETIME>20250616185602
ACCESSION NUMBER:		0001140361-25-022693
CONFORMED SUBMISSION TYPE:	SCHEDULE 13D/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250616
DATE AS OF CHANGE:		20250616

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CANTALOUPE, INC.
		CENTRAL INDEX KEY:			0000896429
		STANDARD INDUSTRIAL CLASSIFICATION:	CALCULATING & ACCOUNTING MACHINES (NO ELECTRONIC COMPUTERS) [3578]
		ORGANIZATION NAME:           	06 Technology
		EIN:				232679963
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-79579
		FILM NUMBER:		251051441

	BUSINESS ADDRESS:	
		STREET 1:		101 LINDENWOOD DRIVE
		STREET 2:		SUITE 405
		CITY:			MALVERN
		STATE:			PA
		ZIP:			19355
		BUSINESS PHONE:		8006330340

	MAIL ADDRESS:	
		STREET 1:		101 LINDENWOOD DRIVE
		STREET 2:		SUITE 405
		CITY:			MALVERN
		STATE:			PA
		ZIP:			19355

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	USA TECHNOLOGIES INC
		DATE OF NAME CHANGE:	19950523

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	USA ENTERTAINMENT CENTER INC
		DATE OF NAME CHANGE:	19931029

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Hudson Executive Capital LP
		CENTRAL INDEX KEY:			0001652522
		ORGANIZATION NAME:           	
		EIN:				472878186
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		C/O CADWALADER, WICKERSHAM & TAFT, LLP
		STREET 2:		200 LIBERTY STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10281
		BUSINESS PHONE:		(212) 521-8495

	MAIL ADDRESS:	
		STREET 1:		C/O CADWALADER, WICKERSHAM & TAFT, LLP
		STREET 2:		200 LIBERTY STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10281
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13D" xmlns:com="http://www.sec.gov/edgar/common">
<headerData>
<submissionType>SCHEDULE 13D/A</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001652522</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>



</filerInfo>
</headerData>
<formData>
<coverPageHeader>
<amendmentNo>14</amendmentNo>
<securitiesClassTitle>Common Stock, no par value</securitiesClassTitle>
<dateOfEvent>06/15/2025</dateOfEvent>
<previouslyFiledFlag>false</previouslyFiledFlag>
<issuerInfo>
<issuerCIK>0000896429</issuerCIK>
<issuerCUSIP>138103106</issuerCUSIP>
<issuerName>CANTALOUPE, INC.</issuerName>
<address>
<com:street1>100 Deerfield Lane, Suite 300</com:street1>
<com:city>Malvern</com:city>
<com:stateOrCountry>PA</com:stateOrCountry>
<com:zipCode>19355</com:zipCode>
</address>
</issuerInfo>
<authorizedPersons>
<notificationInfo>
<personName>Douglas L. Braunstein</personName>
<personPhoneNum>(212) 521 8495</personPhoneNum>
<personAddress>
<com:street1>Hudson Executive Capital LP</com:street1>
<com:street2>c/o White &amp; Case LLP, 1221 6th Avenue</com:street2>
<com:city>New York</com:city>
<com:stateOrCountry>NY</com:stateOrCountry>
<com:zipCode>10020</com:zipCode>
</personAddress>
</notificationInfo>
<notificationInfo>
<personName>with copy to: Richard M. Brand</personName>
<personPhoneNum>(212) 819 8200</personPhoneNum>
<personAddress>
<com:street1>White &amp; Case LLP</com:street1>
<com:street2>1221 6th Avenue</com:street2>
<com:city>New York</com:city>
<com:stateOrCountry>NY</com:stateOrCountry>
<com:zipCode>10020</com:zipCode>
</personAddress>
</notificationInfo>
</authorizedPersons>
</coverPageHeader>
<reportingPersons>
<reportingPersonInfo>
<reportingPersonCIK>0001652522</reportingPersonCIK>
<reportingPersonName>Hudson Executive Capital LP</reportingPersonName>
<fundType>OO</fundType>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<soleVotingPower>48678</soleVotingPower>
<sharedVotingPower>9270694</sharedVotingPower>
<soleDispositivePower>48678</soleDispositivePower>
<sharedDispositivePower>9270694</sharedDispositivePower>
<aggregateAmountOwned>9319372</aggregateAmountOwned>
<isAggregateExcludeShares>N</isAggregateExcludeShares>
<percentOfClass>12.76</percentOfClass>
<typeOfReportingPerson>IA</typeOfReportingPerson>
<typeOfReportingPerson>PN</typeOfReportingPerson>
<commentContent>(1) Calculated based on 73,058,462 shares of outstanding common stock, no par value, of the Issuer, as of May 2, 2025, as reported in the Issuer's Form 10-Q filed with the U.S. Securities and Exchange Commission ("SEC") on May 8, 2025.</commentContent>
</reportingPersonInfo>
<reportingPersonInfo>
<reportingPersonNoCIK>Y</reportingPersonNoCIK>
<reportingPersonName>HEC Management GP LLC</reportingPersonName>
<fundType>OO</fundType>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>9319372</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>9319372</sharedDispositivePower>
<aggregateAmountOwned>9319372</aggregateAmountOwned>
<isAggregateExcludeShares>N</isAggregateExcludeShares>
<percentOfClass>12.76</percentOfClass>
<typeOfReportingPerson>IA</typeOfReportingPerson>
<typeOfReportingPerson>PN</typeOfReportingPerson>
<commentContent>(2) Calculated based on 73,058,462 shares of outstanding common stock, no par value, of the Issuer, as of May 2, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on May 8, 2025.</commentContent>
</reportingPersonInfo>
<reportingPersonInfo>
<reportingPersonNoCIK>Y</reportingPersonNoCIK>
<reportingPersonName>Douglas L. Braunstein</reportingPersonName>
<fundType>OO</fundType>
<citizenshipOrOrganization>X1</citizenshipOrOrganization>
<soleVotingPower>20212</soleVotingPower>
<sharedVotingPower>9319372</sharedVotingPower>
<soleDispositivePower>20212</soleDispositivePower>
<sharedDispositivePower>9319372</sharedDispositivePower>
<aggregateAmountOwned>9339584</aggregateAmountOwned>
<isAggregateExcludeShares>N</isAggregateExcludeShares>
<percentOfClass>12.78</percentOfClass>
<typeOfReportingPerson>IN</typeOfReportingPerson>
<commentContent>(3) Calculated based on 73,058,462 shares of outstanding common stock, no par value, of the Issuer, as of May 2, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on May 8, 2025.</commentContent>
</reportingPersonInfo>
</reportingPersons>
<items1To7>
<item1>
<securityTitle>Common Stock, no par value</securityTitle>
<issuerName>CANTALOUPE, INC.</issuerName>
<issuerPrincipalAddress>
<com:street1>100 Deerfield Lane, Suite 300</com:street1>
<com:city>Malvern</com:city>
<com:stateOrCountry>PA</com:stateOrCountry>
<com:zipCode>19355</com:zipCode>
</issuerPrincipalAddress>
<commentText>This Amendment No. 14 to Schedule 13D (this "Amendment No. 14") relates to the Schedule 13D filed on May 20, 2019 (the "Initial 13D" and, as amended and supplemented through the date of this Amendment No. 14, collectively, the "Schedule 13D") by the Reporting Persons, relating to the common stock, no par value (the "Common Stock"), of Cantaloupe, Inc., a company organized under the laws of the State of Pennsylvania (the "Issuer"). Capitalized terms used but not defined in this Amendment No. 14 shall have the meanings set forth in the Schedule 13D.&#13;
&#13;
ITEM 1. SECURITY AND ISSUER&#13;
&#13;
Item 1 of the Schedule 13D is hereby amended and restated in its entirety as follows:&#13;
 &#13;
This Schedule 13D relates to the shares of Common Stock. The principal executive offices of the Issuer are located at 100 Deerfield Lane, Suite 300, Malvern, Pennsylvania 19355.&#13;
 &#13;
Hudson Executive Capital LP, a Delaware limited partnership ("Hudson Executive"), beneficially owns an aggregate of 9,319,372 shares of Common Stock representing approximately 12.76% of the issued and outstanding shares of Common Stock. HEC Management GP LLC, a Delaware limited liability company ("Management GP"), beneficially owns an aggregate of 9,319,372 shares of Common Stock representing approximately 12.76% of the issued and outstanding shares of Common Stock. Douglas L. Braunstein, a citizen of the United States of America, beneficially owns an aggregate of 9,339,584 shares of Common Stock representing approximately 12.78% of the issued and outstanding shares of Common Stock.</commentText>
</item1>
<item4>
<transactionPurpose>Item 4 of the Schedule 13D is hereby amended and supplemented by the following: &#13;
&#13;
The information provided in Item 6 is incorporated by reference herein.</transactionPurpose>
</item4>
<item5>
<percentageOfClassSecurities>Items 5(a) and 5(b) are each hereby amended and supplemented to incorporate by reference the information provided in the cover pages and in response to Item 1 of this Amendment No. 14.</percentageOfClassSecurities>
</item5>
<item6>
<contractDescription>Item 6 of the Schedule 13D is hereby amended and supplemented by the following: &#13;
&#13;
Merger Agreement &#13;
&#13;
Pursuant to the Agreement and Plan of Merger, dated as of June 15, 2025 (the "Merger Agreement"), by and among the Issuer, 365 Retail Markets, LLC, a Delaware limited liability company ("Parent"), Catalyst Holdco I, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Holdco"), Catalyst Holdco II, Inc., a Delaware corporation and a wholly-owned subsidiary of Holdco ("Holdco II") and Catalyst MergerSub Inc., a Delaware corporation and a wholly-owned subsidiary of Holdco II ("Merger Subsidiary"), subject to the terms and conditions thereof, Merger Subsidiary will merge with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly-owned, indirect subsidiary of Parent. &#13;
&#13;
Voting Agreement &#13;
&#13;
Concurrently with the execution and delivery of the Merger Agreement, certain of the Reporting Persons entered into a Voting and Support Agreement with Parent (the "Voting Agreement").  Pursuant to the Voting Agreement, certain Reporting Persons (solely in their and their representatives' capacity as a stockholder of the Issuer) agreed to, among other matters, vote in favor of the approval and adoption of the Merger Agreement and the transactions contemplated thereby, including the Merger. The Voting Agreement will terminate upon the earliest of, among other occurrences: (i) the Effective Time (as defined in the Merger Agreement); (ii) the date on which the Merger Agreement is validly terminated; and (iii) the date of any modification, waiver or amendment to any provision of the Merger Agreement effected without the Reporting Persons' consent that (A) decreases the amount or changes the form of Merger Consideration (as defined in the Merger Agreement), (B) extends the End Date (as defined in the Merger Agreement) or (C) imposes any additional conditions on consummation of the Merger. In addition, the Voting Agreement contains certain restrictions on transfer of Subject Securities (as defined in the Voting Agreement) held by the Reporting Persons party thereto. &#13;
&#13;
The foregoing description of the Voting Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the form of Voting Agreement, a copy of which is attached as Exhibit 99.1 and is incorporated by reference herein.</contractDescription>
</item6>
<item7>
<filedExhibits>Item 7 of the Schedule 13D is hereby amended and supplemented by the following: &#13;
&#13;
99.1. Form of Voting Agreement (incorporated by reference to Exhibit 10.1 of the Issuer's Form 8-K filed with the Securities and Exchange Commission on June 16, 2025).</filedExhibits>
</item7>
</items1To7>
<signatureInfo>
<signaturePerson>
<signatureReportingPerson>Hudson Executive Capital LP</signatureReportingPerson>
<signatureDetails>
<signature>/s/ Douglas L. Braunstein</signature>
<title>Douglas L. Braunstein, Managing Member</title>
<date>06/16/2025</date>
</signatureDetails>
</signaturePerson>
<signaturePerson>
<signatureReportingPerson>HEC Management GP LLC</signatureReportingPerson>
<signatureDetails>
<signature>/s/ Douglas L. Braunstein</signature>
<title>Douglas L. Braunstein, Managing Member</title>
<date>06/16/2025</date>
</signatureDetails>
</signaturePerson>
<signaturePerson>
<signatureReportingPerson>Douglas L. Braunstein</signatureReportingPerson>
<signatureDetails>
<signature>/s/ Douglas L. Braunstein</signature>
<title>Douglas L. Braunstein</title>
<date>06/16/2025</date>
</signatureDetails>
</signaturePerson>
</signatureInfo>
</formData>
</edgarSubmission>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
