Priority Technology Holdings, Inc. has received a preliminary, non-binding proposal from an investor group led by Chairman and CEO Thomas Priore to acquire the remaining shares of the company's common stock not already held by the group. The proposed cash consideration ranges from $6.00 to $6.15 per share. According to the company, Thomas Priore currently holds approximately 58% of the outstanding shares. There is no assurance that a final agreement will be reached or what the terms would be if it proceeds.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Priority Technology Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001653558-25-000128), on November 10, 2025, and is solely responsible for the information contained therein.