secwatch.observer — SEC 8-K summary
======================================

Issuer:     PAR TECHNOLOGY CORP (PAR)
CIK:        0000708821
Form:       8-K
Filed at:   2024-01-04T23:59:59+00:00
Accession:  0000708821-24-000003
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PAR Technology extends warrant to 2028, enters consulting pact with PAR Act III
-------------------------------------------------------------------------------

- Entered consulting agreement with PAR Act III for strategic consulting and M&A due diligence services.
- Amended warrant to extend termination date to April 8, 2028, if consulting agreement remains in effect beyond April 8, 2026.
- Warrant currently exercisable for 503,975 shares; issuance exempt from registration under Securities Act.
- Warrant extension deemed new issuance under Section 3(a)(9); no registration required.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/708821/000070882124000003/0000708821-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/708821/000070882124000003/par-20240102.htm
  HTML page:      https://secwatch.observer/filing/0000708821-24-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer