secwatch.observer — SEC 8-K summary
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Issuer:     PAR TECHNOLOGY CORP (PAR)
CIK:        0000708821
Form:       8-K
Filed at:   2026-01-26T23:59:59+00:00
Accession:  0000708821-26-000007
Event type: m_and_a
Sentiment:  positive
Materiality: 0.55
Item codes: 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PAR Tech to acquire Cardlytics' Bridg platform for up to $30M in stock
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- Purchase price $27.5M, subject to adjustment, max $30M; payable in PAR common stock (up to ~950k shares, ~2.3% dilution).
- Acquires Bridg, a Cardlytics loyalty and shopper intelligence platform, adding identity resolution and retail media capabilities.
- Expected close in Q1 2026, subject to customary closing conditions; PAR will register the shares for resale.
- Bridg's IDR platform combines loyalty and non-loyalty transaction data for full-funnel customer visibility and closed-loop attribution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/708821/000070882126000007/0000708821-26-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/708821/000070882126000007/par-20260123.htm
  HTML page:      https://secwatch.observer/filing/0000708821-26-000007

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