On June 23, 1960, the association's first annual meeting was held, whereby Göran Pettersson was elected chairman with Jan Magnusson as deputy, treasurer Lars-Erik Hansson and secretary Berth Danefors with Kjell Olofsson as deputy.
The first official match of the Panther was played in December 1960 and ended with a 8-1 victory in over Lund IS.
The club was in danger of facing an automatic relegation prior to the 2019–20 season due to having insufficient funds in order to meet the requirements to play in HockeyAllsvenskan and later withdrew its place in the league.
The league allowed Almtuna IS to fill the void left by IK Pantern.
[1] On 7 June 2019, The club IK Pantern filed for bankruptcy.