Par Technology Corporation has entered into exchange agreements with certain holders of its outstanding 2.875% Convertible Senior Notes due 2026. Under these agreements, approximately $17.1 million aggregate principal amount of the notes will be exchanged for about 398,650 shares of the company’s common stock and approximately $134,000 in cash for accrued and unpaid interest. The transaction is expected to close on January 23, 2026, pending customary closing conditions. The exchange is being conducted as an unregistered sale of equity securities, relying on an exemption from registration under Section 4(a)(2) of the Securities Act of 1933. Following the exchange, roughly $2.9 million principal amount of the notes will remain outstanding. The company will not receive any cash proceeds from this transaction.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Par Technology Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000708821-26-000004), on January 15, 2026, and is solely responsible for the information contained therein.
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