Newtyn Management, LLC Acquires 6.6% Passive Stake in Par Technology Corporation

On May 15, 2026, Newtyn Management, LLC filed a Schedule 13G disclosing a new 6.6% ownership stake in Par Technology Corporation (PAR). As of the event date on March 31, 2026, the reporting person beneficially owned 2,732,696 shares of common stock. The position is held through two entities: Newtyn TE Partners, LP (NTE), which holds 1,757,123 shares, and Newtyn Partners, LP (NP), which holds 975,573 shares. Newtyn Management, LLC serves as the investment manager for both NTE and NP, granting it sole voting and dispositive power over the aggregate shares. This filing represents a significant increase from a previous 0% ownership level, establishing Newtyn Management as a major institutional shareholder. The shares were acquired in the ordinary course of business, indicating a passive investment intent rather than an attempt to influence or change control of the issuer. The ownership percentage is calculated based on approximately 41,245,277 shares outstanding as of late March 2026.