** Shares of payments firm Cantaloupe CTLP.O jump as much as 9.8%; last up 4% at $10.76
** CTLP is exploring strategic options, including a potential sale or a go-private transaction, Reuters reports, citing four people familiar with the matter
** Company is working with investment bankers at JPMorgan Chase JPM.N on the strategic plans
** CTLP, previously known as USA Technologies, has a market cap of $755.9 million as of last close, according to data compiled by LSEG
** Company offers digital payments technology and software to companies providing self-service offerings, such as vending machines, car washes and arcades
** Founded in 1992, the firm went public in 1995 and was approved for listing on Nasdaq in 2007
** As of last close, CTLP up 8.8% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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