Michael D. Nelson
Effective as of the Signing/Closing Date, Michael D. Nelson, President of PGSC, ceased to be a named executive officer of PAR.
Highest-materiality recent filing
PAR Tech shareholders approve 2M share increase to equity incentive plan
Annual Meeting held May 29, 2026; all seven director nominees elected, including Savneet Singh and Cynthia Russo.
PAR Tech Q1 revenue $124M (+19% YoY); ARR $330.1M; initiates FY2026 guidance
GAAP net loss improved to $(16.2)M from $(24.5)M; diluted EPS $(0.39) vs $(0.61).
PAR Tech grants board observer rights to 13.2% shareholder Voss Capital
Voss Capital owns 5,426,600 shares (13.2% of PAR common stock).
PAR Technology closes Cardlytics Bridp platform acquisition, issues 1.81M shares
Closed acquisition of Cardlytics' point-of-sale data analytics, loyalty marketing, and retail media network assets for its Bridg platform.
PAR closes $265M 4% convertible note offering, refinances 2027 notes and repurchases stock
$265M aggregate principal of 4.00% Convertible Senior Notes due 2031; net proceeds ~$256.8M.
PAR Tech Q4 revenue $120.1M, ARR $315.4M; board authorizes $100M buyback
Q4 revenue $120.1M (+14.4% YoY); GAAP net loss $(20.9)M, adjusted EBITDA $7.0M.
PAR Tech to acquire Cardlytics' Bridg platform for up to $30M in stock
Purchase price $27.5M, subject to adjustment, max $30M; payable in PAR common stock (up to ~950k shares, ~2.3% dilution).
PAR exchanges ~$17.1M of 2.875% notes due 2026 for ~398,650 common shares
Exchanged ~$17.1M principal of 2.875% Convertible Notes due 2026 for ~398,650 shares of common stock plus ~$134k accrued interest.
PAR Tech Q3 ARR $298.4M (+22% YoY); revenue $119.2M (+23%); non-GAAP EBITDA $5.8M
ARR grew to $298.4M, up 22% total (15% organic) from $244.7M in Q3 2024; sequential growth $11.7M from Q2 2025.
PAR Technology Q2 revenue up 43.8% to $112.4M; ARR reaches $286.7M, up 49% YoY
ARR of $286.7M, total growth 49% (organic 16%); subscription revenue up 60% YoY.
Shareholders approved charter amendment to eliminate monetary liability of officers in limited circumstances, effective June 2, 2025.
PAR Technology Q1 ARR $282.1M (+52%), subscription rev up 78% YoY
ARR grew to $282.1M, up 52% total (18% organic) from $185.7M in Q1 '24.
PAR Tech Q4 revenue up 50% to $105M; ARR $276M (+102%); positive adj. EBITDA
Annual Recurring Revenue grew to $276M, total growth 102% inclusive of 21% organic growth from $136.9M in Q4'23.
PAR raises $115M in 1% convertible notes due 2030; to repay $90M Blue Owl term loan
$115M aggregate principal of 1.00% Convertible Senior Notes due 2030 priced Jan 22, 2025; initial conversion price ~$97.00/share (32.5% premium).
PAR Technology recasts 2023 10-K to show Government segment as discontinued operations
Sale of PGSC completed June 7, 2024; RRC completed July 1, 2024.
PAR Technology acquires Delaget for $132M in stock, expanding restaurant analytics
Acquired Delaget for $132M (subject to adjustments), paid primarily in ~1.5M shares of PAR common stock.
PAR Tech exchanges $100M convertible notes for ~2.4M common shares
Exchanged $100M of 2.875% Convertible Notes due 2026 for ~2.4M shares plus $336K accrued interest.
PAR Tech Q3 revenue $96.8M (+40.8%); ARR $248.1M (+93.3%); first positive adj. EBITDA
Q3 GAAP revenue $96.8M (up 40.8% YoY); subscription service revenue +91% YoY.
PAR Tech Q2 revenue $78.2M (+12%); ARR $192.2M (+57%); adjusted EBITDA loss narrows
ARR $192.2M (+56.9%); organic ARR growth 23.9% YoY; subscription service revenues rose 47.7% YoY.
PAR Technology completes acquisition of TASK Group Holdings for ~$131.5M cash plus stock
Total cash consideration of approximately US$131.5M paid; 2,163,393 shares of PAR common stock issued.
PAR Tech enters $90M credit facility to fund TASK acquisition; close expected July 18
Initial aggregate principal amount of $90.0 million term loan from Blue Owl Capital-led lender group.
PAR Technology sells PGSC to Booz Allen for $95M, agrees to sell RRC for $7M
Completed sale of PGSC to Booz Allen Hamilton for $95M cash on June 7, 2024.
PAR Tech shareholders approve doubling authorized common stock to 116M shares at annual meeting
Shareholders approved amendment to increase authorized common stock from 58M to 116M shares.
PAR Tech Q1 ARR up 60% to $185.7M; revenue rises 5%; net loss widens to $0.62/share
ARR grew 60.2% total, 24.8% organic to $185.7M; subscription revenue up 37% YoY.
PAR Tech amends CEO employment terms, removes $5M life insurance, reduces medical exam reimbursement
Company removes obligation to pay premiums for $5M term life insurance on CEO Savneet Singh.
Completed acquisition of Stuzo for ~$190M ($170M cash + 441,598 PAR shares); Stuzo serves convenience store and fuel retailer market.
PAR Tech discloses separation terms for former CPTO Raju Malhotra including $138,667 severance
Raju Malhotra receives $138,667 (4 months base salary) plus 2 months COBRA medical coverage.
PAR Tech Q4 revenue up 10% to $107.7M but net loss widens to $18.6M; ARR grows 23% to $136.9M
Q4 revenue $107.7M (+10.3% YoY); FY revenue $415.8M (+16.9% YoY).
Effective as of the Signing/Closing Date, Michael D. Nelson, President of PGSC, ceased to be a named executive officer of PAR.
Max materiality 0.85 · Median 0.70 · Most common event earnings