05:40 PM EDT, 03/13/2024 (MT Newswires) -- PAR Technology ( PAR ) filed a shelf registration statement late Wednesday with the US Securities and Exchange Commission covering the potential sale of up to 441,598 common shares of the company by certain selling stockholders from time to time in one or more offerings.

The company said it issued the shares to the stockholders, along with cash, as consideration for its recent acquisition of Stuzo.

PAR Technology ( PAR ) will not receive any proceeds from the sale of shares by the selling stockholders, according to the filing.

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