This page is intended to present U.S. Securities and Exchange Commission (SEC) filings for Park Dental Partners, Inc. (NASDAQ: PARK), a dental resource organization that supports affiliated general and multi-specialty dental practices. Although no specific filings are listed in the available data here, as a Nasdaq-listed company Park Dental Partners files registration statements and other reports with the SEC in connection with its securities offerings and public company status.
In connection with its initial public offering of common stock, the company filed a registration statement that was declared effective by the SEC. The offering was conducted using a prospectus forming part of that registration statement. Investors and researchers typically look to such filings, along with annual and quarterly reports when available, to understand a company’s business model, risk factors, and capital structure.
On this SEC filings page for PARK, Stock Titan’s platform is designed to surface key regulatory documents as they become available from the SEC’s EDGAR system. These may include registration statements related to offerings, as well as periodic and current reports that describe Park Dental Partners’ operations as a dental resource organization, its relationships with affiliated practices, and other required disclosures.
AI-powered tools on the platform can help interpret lengthy filings by highlighting important sections and summarizing complex language into more accessible explanations. Users can use these features to quickly identify information related to Park Dental Partners’ business support services, its network of affiliated practices, and details connected to its public offering and any subsequent filings.
Park Dental Partners reported Q1 2026 results showing higher revenue but lower profitability. Revenue rose 6.2% to $62.7 million, driven by increased patient visits, higher reimbursement rates, and contributions from acquisitions. However, gross margin fell as salaries and benefits jumped, including $4.0 million of share-based compensation, leading to an operating loss of $1.9 million and a net loss of $0.4 million, versus a prior-year profit. Adjusted EBITDA declined 13.2% to $4.7 million, while cash flow from operations remained solid at $5.0 million. The company ended the quarter with $24.4 million in cash, $11.5 million of debt, 221 dentists across 86 locations, and significant deferred compensation obligations.
Park Dental Partners, Inc. reported first-quarter 2026 revenue of $62.7 million, up 6.2% from the prior-year period, driven by 4.1% same practice revenue growth and higher patient visits. Gross margin fell to $6.4 million and 10.2%, down from $9.9 million and 16.7%, reflecting higher salaries and benefits.
The company posted a net loss of $0.4 million, or $(0.09) per diluted share, compared with net income of $1.6 million, or $0.88 per diluted share, a year earlier. Adjusted EBITDA was $4.7 million versus $5.5 million, with margin declining to 7.6% from 9.3%.
Management reaffirmed its full-year 2026 outlook, projecting revenue of $254.0–$258.0 million and adjusted EBITDA of $21.0–$23.0 million, implying revenue growth around mid-single digits at the midpoint. The outlook assumes 3.5%–5.0% same practice revenue growth and approximately $2 million of recurring public company costs.
Park Dental Partners, Inc. is holding its first annual shareholder meeting on May 29, 2026, asking investors to elect one Class II director, Christopher C. Smith, and ratify Deloitte & Touche LLP as auditor for 2026. The company is a dental resource organization supporting affiliated practices at 86 locations with 214 dentists as of December 31, 2025. It became publicly traded on NASDAQ under ticker PARK in December 2025 and has a seven‑member staggered board, including three independent directors, with a goal to meet NASDAQ majority‑independence requirements by December 4, 2026. An innovative governance structure gives DDS Advisor LLC, representing practicing dentists who are also shareholders, the right to appoint at least three directors. As of March 30, 2026, 6,608,919 common shares are entitled to vote, including 2,093,865 unvested restricted shares. The proxy also details executive pay, equity awards with change‑in‑control vesting, related‑party subordinated notes totaling $2.165 million, and real‑estate lease arrangements with entities owned in part by certain directors.
Park Dental Partners, Inc. files its annual report describing a dentist-owned dental resource organization that provides non-clinical support to affiliated practices in Minnesota, Wisconsin and Arizona. Its affiliated network includes 214 dentists and 990 hygienists, assistants and coordinators across 86 locations.
Revenue derived from affiliated practices’ services was $244.5 million for the year ended December 31, 2025, up from $229.8 million in 2024. Most revenue is currently concentrated in Minnesota. The company emphasizes long-term administrative agreements, dentist governance rights, and a growth strategy built on acquisitions and de novo practices in medium and large U.S. metropolitan areas.
The report outlines extensive regulatory, labor and technology risks, including dependence on payor contracts, workforce shortages, complex corporate practice and fee-splitting rules, cybersecurity and HIPAA compliance. It also notes prior email-account unauthorized activity in January 2024 and discusses emerging risks tied to increasing use of artificial intelligence in dental care.
Park Dental Partners, Inc. reported higher 2025 revenue but a swing to a small annual loss and a weak fourth quarter on a GAAP basis. Full‑year revenue rose to $244.5 million from $229.8 million, with fourth‑quarter revenue up 7.5% to $61.2 million. However, gross margin narrowed and the company posted a fourth‑quarter net loss of $5.7 million and a full‑year net loss of $0.4 million, compared with net income of $4.4 million in 2024, partly reflecting higher operating and public company costs and significant share‑based compensation.
On an adjusted basis, 2025 performance was stronger. Adjusted EBITDA increased to $22.0 million from $19.4 million, and adjusted gross margin and adjusted EBITDA margin both improved, though adjusted diluted EPS declined to $2.44 from $3.17. The balance sheet strengthened meaningfully, with cash and cash equivalents rising to $25.2 million from $2.7 million and shareholders’ equity improving to $21.8 million from a deficit, helped by net proceeds of $18.4 million from the December initial public offering.
For 2026, Park Dental projects revenue between $254.0 million and $258.0 million and adjusted EBITDA of $21.0–$23.0 million, implying mid‑single‑digit revenue growth at the midpoint with roughly stable profitability. The outlook assumes 3.5%–5.0% same‑practice revenue growth, ongoing demand across services, and about $2 million of recurring public company costs.
Park Dental Partners, Inc. entered into an Amendment Agreement with U.S. Bank National Association to modify its existing credit facility, effective January 1, 2026 and dated February 13, 2026. The underlying Credit Agreement includes a revolving line of credit of up to $15,000,000 and a term loan with an original principal amount of $13,000,000.
The amendment is designed to reflect the company’s initial public offering and its ongoing requirements as a public company, including operating and reporting considerations. Detailed terms of the changes are set out in the Amendment Agreement filed as Exhibit 10.1 to this report.
Park Dental Partners, Inc. received a Schedule 13G filing showing that investor Nicholas John Swenson and affiliated entities collectively beneficially own 230,769 shares of Park Dental common stock, representing 5.6% of the class as of 12/31/2025.
The filing lists AO Partners I, LP, Park Investors LLC, and AO Partners LLC, all Delaware entities, with shared voting and dispositive power over these shares and no sole authority. The reporting persons certify the shares were not acquired or held for the purpose of changing or influencing control of Park Dental Partners, but instead as a passive investment.
Park Dental Partners, Inc. filed a current report to inform investors about its upcoming Annual Shareholder Meeting. The company issued a press release on January 29, 2026 announcing the meeting date, which is included as Exhibit 99.1.
The company also stated that shareholder nominations of directors must be received no later than ten days after the date of that press release. This deadline is important for any shareholders who wish to propose director candidates under the company’s governance procedures.
Kennedy Capital Management LLC has filed a Schedule 13G disclosing a significant ownership position in Park Dental Partners, Inc. common stock. As of 12/31/2025, the firm beneficially owned 235,632 shares, representing 5.8% of the outstanding common stock. Kennedy Capital reports sole power to vote and to dispose of all of these shares, with no shared voting or dispositive power. The firm certifies that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Park Dental Partners.