---
schema_version: "secwatch.filing_event.v1"
accession: "0000708821-24-000115"
form_type: "8-K"
ticker: "PAR"
cik: "0000708821"
company_name: "PAR TECHNOLOGY CORP"
filed_at: "2024-11-21T23:59:59+00:00"
generated_at: "2026-05-29T21:23:54.289743+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# PAR Tech exchanges $100M convertible notes for ~2.4M common shares

## Summary
- Exchanged $100M of 2.875% Convertible Notes due 2026 for ~2.4M shares plus $336K accrued interest.
- Notes Exchange expected to close Nov 27, 2024; $20M principal remains outstanding.
- No cash proceeds; CEO says equitizing debt provides balance sheet flexibility for future investments.
- J.P. Morgan acted as sole agent; J. Wood Capital Advisors as financial advisor.

## SEC filing metadata
- accession: 0000708821-24-000115
- form_type: 8-K
- ticker: PAR
- cik: 0000708821
- company_name: PAR TECHNOLOGY CORP
- filed_at: 2024-11-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/708821/000070882124000115/0000708821-24-000115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/708821/000070882124000115/par-20241120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000708821-24-000115
- JSON: https://secwatch.observer/filing/0000708821-24-000115.json
- Plain text: https://secwatch.observer/filing/0000708821-24-000115.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.