Today, and welcome to the Cantaloupe Inc's 2026 Annual Meeting of Shareholders. I would now like to turn the conference over to Ravi Venkatesan, Chief Executive Officer. Please go ahead.
Thank you. Good morning, Ladies and Gentlemen. Welcome to Cantaloupe's 2026 Annual Meeting of Shareholders. I'm Ravi Venkatesan, Cantaloupe's Chief Executive Officer, a member of the Board of Directors, and Chair for this meeting. At this time, I call the meeting to order. I would like to introduce you to the other Directors of the company who are present today: Lisa Baird, Douglas Bergeron, Ian Harris, Jacob Lam, Michael Passilla , Ellen Richey, Anne Smalling, and Shannon Warren. In addition, Jake Gokey from our independent registered public accountants, Deloitte & Touche LLP, is present today and will be available to answer questions. The board has appointed me to Chair today's meeting. Anna Novoseletsky, the company's Chief Legal Officer and Secretary, will act as the secretary for this meeting. I will now present the business to be considered at the meeting.
I would like to note that following the consideration of business at this meeting, we will have a question-and-answer period at which I will be available to answer questions. If you would like to ask a question, please click the box labeled "Ask a Question" on the Annual Meeting website. There is a limit of two questions per shareholder. The Board of Directors has appointed Anna Novoseletsky to act as Judge of Election. Many shareholders have already submitted their proxies. All proxies will be voted as you have marked them. If you have voted by proxy, you do not need to take any further action unless you want to change your vote. If you're a registered shareholder or a beneficial shareholder who registered in advance and sent in a legal proxy, and you wish to vote electronically at the meeting, you may vote using the control number provided to you.
The Board of Directors set the close of business on September 25, 2025, as the date of record for this meeting. A list of shareholders of record is available at this meeting for examination by any registered shareholder to do so and may be accessed by following the instructions on the Annual Meeting website. I would also like to confirm the mailing of proxy materials to our shareholders, which includes the company's annual report on Form 10-K, the notice of the 2026 Annual Meeting of Shareholders, and proxy statement. On or about October 10, 2025, Broadridge mailed the notice to all stockholders of record as of September 25, 2025. The affidavit of Broadridge relating to the mailing of our notice using the list of stockholders as of the record date is available for your inspection and may be accessed by following the instructions on the Annual Meeting website.
I've been advised by the judge of election that as of the record date, there were 73,391,758 shares of common stock and 385,282 shares of Series A convertible preferred stock entitled to vote at the Annual Meeting, and that the holders of 73.6% of the company's voting power as of the record date are represented at today's meeting. Each share of common stock is entitled to one vote, and each share of Series A preferred stock is entitled to 0.1988 of a vote for each share registered in their names. We've been informed by the judge of election that a majority of the company's shares is represented here today, and therefore a quorum is present. The meeting is duly constituted, and the business of the meeting may proceed. The polls are now open for voting. The polls will continue to be open for the duration of this meeting.
Each of the director candidates has been duly nominated, and each of the other matters to be voted on at this meeting as listed in the agenda are considered to have already been moved and seconded and open to a shareholder vote. Proposals for the Annual Meeting: The business of the meeting consists of the consideration of the following proposals: One, the election of nine nominees to serve as directors until the 2027 Annual Meeting of shareholders and until their respective successors have been duly elected and qualified. The company's nominees are Lisa Baird, Douglas Bergeron, Ian Harris, Jacob Lam, Michael Passilla, Ellen Richey, Anne Smalling, Ravi Venkatesan, and Shannon Warren. Second, the approval on an advisory basis of the compensation of the company's named Executive Officers.
Third, the ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the company for fiscal year 2026. The votes represented by proxies received prior to the meeting are being tabulated by the judge of election. Any registered shareholder who registered in advance with Broadridge or any beneficial owner holding a legal proxy who registered in advance with Broadridge and wants to cast a vote electronically should at this time vote electronically via the portal on the . If you've already voted by proxy in advance of the virtual meeting, there is no need to submit a vote now unless you want to change your vote or prior voting instructions.
Beneficial shareholders who own their shares through a bank, broker, or other custodian who did not register in advance with Broadridge will not be permitted to vote during the virtual meeting. Thank you for all those who voted. Thank you. Now we are available to answer any questions. Okay. There are no other questions. Thank you to all those who attended the meeting today. The polls are now closed. Based on preliminary tabulation of votes from the Judge of Elections, the company's nine nominees have been elected as Directors for the terms expiring at the 2027 Annual Meeting of Stockholders. The appointment of Deloitte & Touche LLP as the company's independent Registered Public Accounting firm for fiscal year 2026 has been ratified, and the compensation of the company's named Executive Officers has been approved.
We will publish the final results of the proposals considered at the Annual Meeting on our website and will file them with the SEC. Thanks for attending the Annual Meeting. We are excited about the progress the company has made and appreciate your continued support. This concludes the business of our Annual Meeting, and the Annual Meeting is now adjourned.
The conference has now concluded. We thank you for attending today's presentation, and you may now disconnect your line.