secwatch / observer

PAR TECHNOLOGY CORP — fact timeline

Source-grounded facts extracted from PAR TECHNOLOGY CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

PAR PAR TECHNOLOGY CORP JSON
Shareholder Votes

PAR TECHNOLOGY CORP shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for its fiscal year ending December 31, 2026 at the 2026-05-29 meeting.

“Proposal 4 - Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for its fiscal year ending December 31, 2026. The proposal was approved and the appointment was ratified. The voting results were as follows: Votes For Votes Against Abstained Broker Non-Votes 33,262,602 26,617 16,438 —”
Shareholder Votes

PAR TECHNOLOGY CORP shareholders approved Non-binding advisory vote to approve the compensation of the Company’s named executive officers at the 2026-05-29 meeting.

“Proposal 3 - Non-binding advisory vote to approve the compensation of the Company’s named executive officers (“Say-on-Pay Vote”). The proposal was approved. The voting results were as follows: Votes For Votes Against Abstained Broker Non-Votes 25,424,879 3,525,482 35,189 4,320,107”
Shareholder Votes

PAR TECHNOLOGY CORP shareholders approved Approval of the Second Amended and Restated PAR Technology Corporation 2015 Equity Incentive Plan at the 2026-05-29 meeting.

“Proposal 2 - Approval of the Second Amended and Restated PAR Technology Corporation 2015 Equity Incentive Plan. The proposal was approved. The voting results were as follows: Votes For Votes Against Abstained Broker Non-Votes 25,727,885 3,225,630 32,035 4,320,107”
Shareholder Votes

PAR TECHNOLOGY CORP shareholders approved Election of Directors at the 2026-05-29 meeting.

“Proposal 1 - Election of Directors . The seven (7) director nominees for election to the Company’s Board of Directors (the "Board") were elected to serve until the 2027 annual meeting of shareholders. The voting results were as follows: Director Nominee Votes For Votes Withheld Broker Non-Votes Linda M. Crawford 28,675,946 309,604 4,320,107 Keith E. Pascal 28,880,300 105,250 4,320,107 Douglas G. Rauch 24,847,545 4,138,005 4,320,107 Cynthia A. Russo 28,311,835 673,715 4,320,107 Narinder Singh 28,674,393 311,157 4,320,107 Savneet Singh 28,825,312 160,238 4,320,107 James C. Stoffel 26,560,752 2,424,798 4,320,107”
Earnings Releases

PAR TECHNOLOGY CORP reported first quarter ended March 31, 2026 results: revenue $124.0, net income $(16.2), EPS $(0.39). Guidance initiated.

“leader." Q1 2026 Financial Highlights (2) (in millions, except % and per share amounts) GAAP Non-GAAP (1) Q1 2026 Q1 2025 vs. Q1 2025 Q1 2026 Q1 2025 vs. Q1 2025 Revenue $124.0 $103.9 better 19.4% Net Loss from Continuing Operations/Adjusted EBITDA $(16.2) $(24.5) better $8.4 million $8.9 $4.5 better $4.4 million Diluted Net (Loss) Income Per Share from”
Debt Financings

PAR TECHNOLOGY CORP incurred convertible notes of $265 million aggregate principal amount with U.S. Bank Trust Company, National Association at 4.00% per year maturing March 15, 2031.

“On March 17, 2026, PAR Technology Corporation (“PAR” or the “Company”) completed a private offering (the “Offering”) of $265 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031”
Material Agreements

PAR TECHNOLOGY CORP entered into Indenture with U.S. Bank Trust Company, National Association valued at $265 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031 (effective 2026-03-17).

“On March 17, 2026, PAR Technology Corporation (“PAR” or the “Company”) completed a private offering (the “Offering”) of $265 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031 (the “Notes”), which amount includes $15 million aggregate principal amount of Notes issued pursuant to the initial purchasers’ exercise of their option to purchase additional Notes. The Notes were issued pursuant to an indenture, dated March 17, 2026 (the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee.”
Material Agreements

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).

“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”
Governance Changes

PAR TECHNOLOGY CORP: Amended Bylaws to enhance procedural mechanics and disclosure requirements for proposals and director nominations, incorporate universal proxy rules, and make administrative changes (effective 2025-06-02).

“Also at the Annual Meeting, the Company’s shareholders approved amendments to the Company’s Amended and Restated Bylaws (the “Bylaws”) to (a) enhance the procedural mechanics and disclosure requirements relating to proposals of business and director nominations, including amendments to incorporate “universal proxy” rules, and (b) make certain other administrative, technical, and conforming changes (collectively, the “Bylaws Amendments”).”
Governance Changes

PAR TECHNOLOGY CORP: Added new Article Thirteenth to the Restated Certificate of Incorporation to eliminate monetary liability of certain officers in limited circumstances (effective 2025-06-02).

“On June 2, 2025, PAR Technology Corporation (the “Company”) held its 2025 Annual Meeting of Shareholders (the “Annual Meeting”). At the Annual Meeting, the Company’s shareholders approved an amendment to the Company’s Restated Certificate of Incorporation (the “Charter”) to add a new Article Thirteenth providing for the elimination of monetary liability of certain officers of the Company in certain limited circumstances (the “Charter Amendment”).”

Michael D. Nelson departed as President of PGSC at PAR TECHNOLOGY CORP.

“Effective as of the Signing/Closing Date, Michael D. Nelson, President of PGSC, ceased to be a named executive officer of PAR.”
Earnings Releases

PAR TECHNOLOGY CORP reported first quarter ended March 31, 2024 results: revenue Revenues were reported at $105.5 million for the three months ended March 31, 2024, net income Net loss for the three months ended March 31, 2024 was $18.3 million, EPS $0.62 net loss per share.

“Summary of Fiscal 2024 First Quarter • Revenues were reported at $105.5 million for the three months ended March 31, 2024, a 5.0% increase compared to $100.4 million for the same period in 2023. • Net loss for the three months ended March 31, 2024 was $18.3 million, or $0.62 net loss per share, compared to a net loss of $15.9 million, or $0.58 net loss per share reported for the same period in 2023.”
Material Agreements

PAR TECHNOLOGY CORP entered into Scheme Implementation Agreement with TASK Group Holdings Limited valued at AUD$0.81 per TASK Share or 0.015 shares of PAR common stock per TASK Share (effective 2024-03-08).

“On March 8, 2024 (Eastern Standard Time) / March 9, 2024 (Sydney Time), PAR and TASK Group Holdings Limited, an Australian public company limited by shares and listed on the Australian Securities Exchange (“TASK”), entered into a Scheme Implementation Agreement (the “ SIA ”), pursuant to which, subject to the satisfaction or waiver of the conditions set forth therein, PAR or its nominee (“ PAR Acquiror ”) will acquire all TASK ordinary shares (the “ TASK Shares ”) pursuant to a court-approved scheme of arrangement under Part 5.1 of Australia’s Corporations Act 2001 (Cth) (“ Corporations Act ”) (the “ TASK Scheme ” and such acquisition, the “ TASK Transaction ”).”
Material Agreements

PAR TECHNOLOGY CORP entered into Purchase Agreement with Longshore Capital Fund I, L.P. valued at $170 million in cash and 441,598 common shares (effective 2024-03-08).

“On March 8, 2024 (the “ Signing/Closing Date ”), PAR Technology Corporation, a Delaware corporation (“ PAR ”), and ParTech, Inc., a New York corporation (the “ ParTech ”) and a wholly owned subsidiary of PAR, entered into a Purchase Agreement (the “ Purchase Agreement ”) with the persons identified as Company Sellers on the signature pages thereto, Longshore Capital Fund I, L.P., a Delaware limited partnership (collectively, the “ Stuzo Sellers ”), and Longshore Capital Management, LLC, a Delaware limited liability company, in its capacity as the Seller Representative.”
Earnings Releases

PAR TECHNOLOGY CORP reported the year ended December 31, 2023 results: revenue $415.8 million, net income Net loss for the year ended December 31, 2023 was $69.8 million, or $2.53 net loss per share, EPS $2.53 net loss per share.

“• Revenues were reported at $415.8 million for the year ended December 31, 2023, an increase of 16.9% or $60.0 million when compared to $355.8 million for the same period in 2022. • Net loss for the year ended December 31, 2023 was $69.8 million, or $2.53 net loss per share, compared to a net loss of $69.3 million, or $2.55 net loss per share reported for the same period in 2022.”
Earnings Releases

PAR TECHNOLOGY CORP reported the fourth quarter ended December 31, 2023 results: revenue $107.7 million, net income Net loss for the fourth quarter of 2023 was $18.6 million, or $0.67 net loss per share, EPS $0.67 net loss per share.

“• Revenues were reported at $107.7 million for the fourth quarter of 2023, a 10.3% or $10.1 million increase compared to $97.7 million for the same period in 2022. • Net loss for the fourth quarter of 2023 was $18.6 million, or $0.67 net loss per share, compared to a net loss of $13.5 million, or $0.50 net loss per share reported for the same period in 2022.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.