debt
confidence high
sentiment neutral
materiality 0.70
PAR Technology exchanges $13.75M in convertible notes for 497,376 common shares
PAR TECHNOLOGY CORP
- All outstanding 4.500% Convertible Senior Notes due 2024 exchanged for equity.
- $13.75 million aggregate principal exchanged for 497,376 shares of common stock.
- Indenture to be discharged on or about October 15, 2023.
- Notes were scheduled to mature April 15, 2024; now eliminated.