Priority to be taken private by Chairman Priore's group at $8.05 per share in cash
Priority Technology Holdings signed a merger agreement on September 18, 2026, with an investor group led by Chairman and CEO Thomas Priore. The group will acquire the shares it does not already own for $8.05 per share in cash, an enterprise value of approximately $1.6 billion. Shareholders receive cash but would stop holding shares in a publicly listed company once the deal closes, which is expected in the first half of 2027.
Key points
- Merger agreement dated September 18, 2026; $8.05 per share in cash; enterprise value of approximately $1.6 billion
- The price is a 38% premium to the September 18, 2026 close and a 65% premium to the November 7, 2025 unaffected price
- Approval requires a majority of shares not affiliated with the investor group; the company must pay a $15,750,000 termination fee in certain cases
- Expected to close in the first half of 2027; common stock will no longer be listed on the Nasdaq Global Select Market
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 21, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.