secwatch.observer — SEC 8-K summary
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Issuer:     Cardlytics, Inc. (CDLX)
CIK:        0001666071
Form:       8-K
Filed at:   2026-01-26T23:59:59+00:00
Accession:  0001666071-26-000003
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666071/000166607126000003/0001666071-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666071/000166607126000003/cdlx-20260123.htm
  HTML page:      https://secwatch.observer/filing/0001666071-26-000003

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