PAR Technology reduces debt through note-for-share exchange

Par Technology ( (PAR) ) has shared an announcement.

On January 14, 2026, PAR Technology Corporation entered into privately negotiated exchange agreements with certain holders of its 2.875% Convertible Senior Notes due 2026 to exchange approximately $17.1 million in aggregate principal amount of these notes for about 398,650 shares of its common stock plus roughly $134,000 in cash for accrued and unpaid interest, with closing expected on January 23, 2026, subject to customary conditions. The company will not receive any cash proceeds from the transaction and will cancel the exchanged notes, leaving about $2.9 million principal amount of the notes outstanding, effectively reducing its debt load and increasing its share count through an exempt, non-public offering under U.S. securities laws.

The most recent analyst rating on (PAR) stock is a Hold with a $39.00 price target. To see the full list of analyst forecasts on Par Technology stock, see the PAR Stock Forecast page.

Spark’s Take on PAR Stock

According to Spark, TipRanks’ AI Analyst, PAR is a Neutral.

Par Technology’s overall stock score is primarily impacted by its financial performance challenges, including negative profitability and cash flow. Technical analysis indicates bearish momentum, while valuation metrics are weak due to ongoing losses. However, the positive earnings call, highlighting strong revenue growth and strategic initiatives, provides a more optimistic outlook.

To see Spark’s full report on PAR stock, click here.

More about Par Technology

PAR Technology Corporation is a U.S.-listed company that has issued convertible senior notes as part of its capital structure, using equity-linked debt instruments to support its financing needs in public markets.

Average Trading Volume: 655,462

Technical Sentiment Signal: Sell

Current Market Cap: $1.61B

Learn more about PAR stock on TipRanks’ Stock Analysis page.