SCHEDULE: Voss Capital Discloses 5.9% Stake in PAR Technology

Voss Capital and its affiliated entities have disclosed a passive beneficial ownership of 5.9% in PAR Technology Corp, totaling 2,394,334 shares.

Summary

• Voss Capital, L.P. and its affiliates, including Voss Value Master Fund, L.P., Voss Value-Oriented Special Situations Fund, L.P., Voss Advisors GP, LLC, and Travis W. Cocke, collectively reported beneficial ownership of 2,394,334 shares of PAR Technology Corp's Common Stock.
• This aggregate ownership represents approximately 5.9% of the outstanding shares of PAR Technology Corp.
• The calculation is based on 40,581,077 shares outstanding as of August 6, 2025, as disclosed in the Issuer's Quarterly Report on Form 10-Q filed on August 8, 2025.
• Voss Capital, L.P. and Travis W. Cocke each beneficially own 2,394,334 shares, representing 5.9% of the class.
• Voss Value Master Fund, L.P. beneficially owns 500,000 shares, or approximately 1.2% of the class.
• Voss Value-Oriented Special Situations Fund, L.P. beneficially owns 80,000 shares, or approximately 0.2% of the class.
• Voss Advisors GP, LLC beneficially owns 580,000 shares, or approximately 1.4% of the class.
• The filing indicates a passive investment intent, stating the securities were not acquired or held for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain qualitative information about the company's performance or outlook, thus indicating a neutral sentiment.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The disclosure of a new significant passive investor may influence market perception and trading activity for PAR Technology Corp shares.

Key Dates

Keywords

PAR Technology Corp, Voss Capital, Institutional Ownership, SEC Filing, Schedule 13G, Common Stock, Investment Management, Shareholder Disclosure