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Gaurav Singal, Chief Technology Officer of Cantaloupe Inc (NASDAQ:CTLP), a $776 million market cap digital payments and software services company, sold 14,544 shares of common stock on September 22, 2025, according to a Form 4 filing with the Securities and Exchange Commission. the shares were sold at a price of $10.61, for a total transaction value of $154,311.
following the transaction, singal directly owns 25,989 shares of cantaloupe inc.
In other recent news, Cantaloupe, Inc. announced that it has received a second request for additional information from the U.S. Federal Trade Commission regarding its proposed merger with 365 Retail Markets. This request, issued under the Hart-Scott-Rodino Antitrust Improvements Act, extends the waiting period for regulatory review. The review will continue until 30 days after both companies have complied with the FTC’s request unless terminated earlier by the agency. In another development, Cantaloupe disclosed that its Chief Technology Officer, Gaurav Singal, will depart from the company in October. The company stated that his departure is a personal decision and is not related to any disagreements regarding company operations, policies, or practices. These recent developments were disclosed in regulatory filings.
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