SCHEDULE 13G/A: Investment Group Discloses 5% Stake in Cantaloupe, Inc.
Schedule 13G Amendment
A group of Dutch and French individuals and entities, including Oakland Hills BV and Malabar Hill NV, have disclosed a 5% beneficial ownership stake in Cantaloupe, Inc., as detailed in a recent Schedule 13G filing.
Summary
- Oakland Hills BV, along with related entities Malabar Hill NV, Eveline Muller, Emmanuelle Geraldine Julie Labas, and Robert Derksen, collectively reported beneficial ownership of 3,667,000 shares of Cantaloupe, Inc. common stock.
- This aggregate amount represents 5.0% of Cantaloupe, Inc.'s outstanding common stock.
- The percentage is based on 72,986,172 shares outstanding as of November 4, 2024, as reported in Cantaloupe's Form 10-Q filed on November 7, 2024.
- Oakland Hills BV directly owns all reported shares.
- Malabar Hill NV is the statutory director of Oakland Hills BV.
- Robert Derksen and Emmanuelle Geraldine Julie Labas are statutory directors of Malabar Hill NV and individually possess voting and dispositive power over the shares held by Oakland Hills BV.
- Eveline Muller, as the executor of the estate of Drs. Frederick Harald Fentener van Vlissingen (who passed away on November 21, 2022), has the ability to appoint and remove statutory directors of Malabar Hill NV, and is therefore deemed a beneficial owner.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain positive or negative operational or financial news.
Risks
- The filing states that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, other than activities solely in connection with a nomination under Rule 14a-11. This indicates a passive investment intent, reducing immediate governance risks from this specific filing.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of significant ownership, common in the financial industry. It does not provide specific insights into Cantaloupe, Inc.'s operational performance or broader industry trends, but rather details a change in the beneficial ownership structure of its common stock.
Stakeholder Impact
- Shareholders: The disclosure of a 5% stake by a group of related entities and individuals provides transparency regarding significant ownership positions, which can be relevant for understanding shareholder base concentration.
Key Dates
| Date | Description |
|---|---|
| 2022-11-21 | Date of death of Drs. Frederick Harald Fentener van Vlissingen, former statutory director of Malabar Hill NV. |
| 2024-11-04 | Date as of which 72,986,172 shares of Cantaloupe, Inc. common stock were outstanding, as reported in the issuer's Form 10-Q. |
| 2024-11-07 | Date Cantaloupe, Inc. filed its Form 10-Q with the SEC, providing the shares outstanding figure. |
| 2024-12-31 | Date of event which required the filing of this Schedule 13G statement. |
| 2025-02-05 | Date the Schedule 13G Amendment No. 3 was signed and filed. |
Keywords
Cantaloupe Inc., Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Investor, Oakland Hills BV, Malabar Hill NV, Shareholder Disclosure, Passive Investment
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