---
schema_version: "secwatch.filing_event.v1"
accession: "0001666071-26-000003"
form_type: "8-K"
ticker: "CDLX"
cik: "0001666071"
company_name: "Cardlytics, Inc."
filed_at: "2026-01-26T23:59:59+00:00"
generated_at: "2026-05-16T07:57:42.545853+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cardlytics agrees to sell Bridg platform to PAR Technology for up to $30M in stock

## Summary
- PAR acquires all Bridg platform assets; purchase consideration up to $30M in PAR common stock.
- Base price $27.5M plus adjustments for new customer contracts; capped at $30M.
- Closing subject to customary conditions; termination date March 24, 2026.
- Non-compete and non-solicitation covenant for five years post-closing.
- Transaction approved by Cardlytics board.

## SEC filing metadata
- accession: 0001666071-26-000003
- form_type: 8-K
- ticker: CDLX
- cik: 0001666071
- company_name: Cardlytics, Inc.
- filed_at: 2026-01-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1666071/000166607126000003/0001666071-26-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666071/000166607126000003/cdlx-20260123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001666071-26-000003
- JSON: https://secwatch.observer/filing/0001666071-26-000003.json
- Plain text: https://secwatch.observer/filing/0001666071-26-000003.txt

## Key facts
- Material Agreements
  Cardlytics, Inc. entered into Purchase Agreement with PAR Technology Corporation and DB Sub, LLC valued at $27,500,000 (effective 2026-01-23).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: PAR Technology Corporation and DB Sub, LLC
  - Value: $27,500,000
  - Effective: 2026-01-23
  source text: On January 23, 2026 (the “Signing Date”), Cardlytics, Inc. (the “Company”), PAR Technology Corporation (“PAR”) and DB Sub, LLC, an indirectly wholly owned subsidiary of PAR (“Buyer”), entered into an asset purchase agreement (the “Purchase Agreement”), pursuant to which Buyer agreed to acquire all of the Company’s assets, properties and rights primarily related to, or primarily used in, its Bridg platform (the “Purchased Assets” and the sale by the Company thereof, the “Bridg Sale”), subject to certain exceptions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666071/000166607126000003/0001666071-26-000003-index.htm

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