PAR exchanges ~$17.1M of 2.875% notes due 2026 for ~398,650 common shares

PAR TECHNOLOGY CORP

Exchanged ~$17.1M principal of 2.875% Convertible Notes due 2026 for ~398,650 shares of common stock plus ~$134k accrued interest.
Retired ~85.5% of total $20M convertible note principal; only $2.9M remains outstanding.
Expected close on January 23, 2026; no cash proceeds received by the company.
Exchange reduces debt and eliminates future interest payments on retired notes; dilutes existing shareholders.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

PAR TECHNOLOGY CORP entered into Exchange Agreements with certain holders of its outstanding 2.875% Convertible Senior Notes due 2026 valued at approximately $17.1 million aggregate principal amount (effective 2026-01-14).

Action: entry
Agreement: notes offering
Counterparty: certain holders of its outstanding 2.875% Convertible Senior Notes due 2026
Value: approximately $17.1 million aggregate principal amount
Effective: 2026-01-14

Exact text from the filing

On January 14, 2026, PAR Technology Corporation (the “Company” or “PAR”) entered into separate and individually negotiated transactions (the “Exchange Agreements”) with certain holders of its outstanding 2.875% Convertible Senior Notes due 2026 (the “Notes”) to exchange approximately $17.1 million aggregate principal amount of the Notes

View on SEC.gov

294 material agreements filed in the last 30 days. Browse all material agreements →

PAR TECHNOLOGY CORP filing history →

Source: SEC EDGAR

accession 0000708821-26-000004

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.