Payments

USA Technologies rebrands as Cantaloupe, trades under CTLP

Logo provided.

April 19, 2021

USA Technologies Inc. today officially changes its name to Cantaloupe and its ticker symbol to "CTLP," according to a press release.

The company begins trading on the Nasdaq Global Select Market, and is celebrating its rebranding by ringing the closing bell. In addition, the company's Series A convertible preferred stock begins trading on the OTC Markets Pink Open Market under the "CTLPP" ticker symbol.

"Our launch as Cantaloupe represents the culmination of transformational change within the company," Sean Feeney, CEO, said in the release. "Propelled by the pandemic, retail has seen a significant shift in shopper expectation for an increasingly self-serve, safe and secure buying experience. With more than a million active devices we're helping accelerate the adoption of 'buy it and go' shopping and digital payments, unlocking opportunities to build loyalty through personalization and optimize inventory management."