{"id":917323,"date":"2025-12-08T09:15:04","date_gmt":"2025-12-08T14:15:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/priority-technology-holdings-inc-special-committee-retains-financial-advisor-and-independent-legal-counsel\/"},"modified":"2025-12-08T09:15:04","modified_gmt":"2025-12-08T14:15:04","slug":"priority-technology-holdings-inc-special-committee-retains-financial-advisor-and-independent-legal-counsel","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/priority-technology-holdings-inc-special-committee-retains-financial-advisor-and-independent-legal-counsel\/","title":{"rendered":"Priority Technology Holdings, Inc. Special Committee Retains Financial Advisor and Independent Legal Counsel"},"content":{"rendered":"

<\/p>\n

Priority Technology Holdings, Inc. Special Committee Retains Financial Advisor and Independent Legal Counsel<\/b><\/p>\n

ALPHARETTA, Ga.–(BUSINESS WIRE<\/a>)–
\nPriority Technology Holdings, Inc. (the \u201cCompany\u201d or \u201cPriority\u201d) (NASDAQ: PRTH) announced that a committee of independent and disinterested directors of the Company\u2019s Board of Directors (the \u201cSpecial Committee\u201d) has retained Barclays to act as its financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison LLP to act as its independent legal counsel in connection with the Special Committee\u2019s evaluation of the preliminary, non-binding proposal, dated November 9, 2025, by Thomas Priore, the Company\u2019s Chairman and Executive Officer.\n<\/p>\n

\nAs previously announced, following receipt of the preliminary, non-binding take-private proposal made by an investor group led by Thomas Priore, Priority formed the Special Committee to consider the offer and other strategic alternatives. The Special Committee has not set a definitive timetable for completion of its evaluation of the offer or any other alternative.\n<\/p>\n

\nThere can be no assurance that any definitive offer will be made, that any agreement will be executed or that this or any other transaction will be approved or consummated. Priority does not intend to comment on or disclose further developments with respect to this matter unless and until further disclosure is appropriate or required.\n<\/p>\n

About Priority<\/b><\/p>\n

\nPriority is the payments and banking solution that enables businesses to collect, store, lend and send funds through a unified commerce engine. Our platform combines payables, merchant solutions, and treasury solutions so leaders can streamline financial operations efficiently \u2014 and our innovative industry experts help businesses navigate and build momentum on the path to growth. With the Priority Commerce Engine, leaders can accelerate cash flow, optimize working capital, reduce unnecessary costs, and unlock new revenue opportunities. To learn more about Priority (NASDAQ: PRTH), visit prioritycommerce.com.\n<\/p>\n

Forward Looking Statements<\/b><\/p>\n

\nThis press release contains \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cplan\u201d and \u201cwill\u201d or, in each case, their negative, or other variations or comparable terminology. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future, including statements regarding the potential acquisition of the Company and the Company\u2019s evaluation of the Proposal. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including, among others, the possibility that no agreement will be reached or that any transaction will not be completed. We caution that it is very difficult to predict the impact of known factors, and it is impossible for us to anticipate all factors that could affect our actual results. All forward-looking statements are expressly qualified in their entirety by these cautionary statements. You should evaluate all forward-looking statements made in this press release in the context of the risks and uncertainties disclosed in our SEC filings, including our most recent Annual Report on Form 10-K filed with the SEC on March 6, 2025. These filings are available online at www.sec.gov<\/a> or www.prioritycommerce.com<\/a>. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update any forward-looking statements, except as required by applicable law. We qualify all of our forward-looking statements by these cautionary statements.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20251207792542\/en\/<\/a><\/span><\/p>\n

\nFor the Special Committee:
\n
Paul Caminiti \/ Delia Cannan
\n
Reevemark
\n
(212) 433-4600
\n
PRTH-Special-Cmte@reevemark.com<\/a><\/p>\n

KEYWORDS:<\/b> Georgia United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology Payments Finance Fintech Banking Electronic Commerce Accounting Professional Services Digital Cash Management\/Digital Assets Internet<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Priority Technology Holdings, Inc. Special Committee Retains Financial Advisor and Independent Legal Counsel ALPHARETTA, Ga.–(BUSINESS WIRE)– Priority Technology Holdings, Inc. (the \u201cCompany\u201d or \u201cPriority\u201d) (NASDAQ: PRTH) announced that a committee of independent and disinterested directors of the Company\u2019s Board of Directors (the \u201cSpecial Committee\u201d) has retained Barclays to act as its financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison LLP to act as its independent legal counsel in connection with the Special Committee\u2019s evaluation of the preliminary, non-binding proposal, dated November 9, 2025, by Thomas Priore, the Company\u2019s Chairman and Executive Officer. As previously announced, following receipt of the preliminary, non-binding take-private proposal made by an investor group led by Thomas Priore, Priority formed the Special Committee to consider … <\/p>\n

Continue reading “Priority Technology Holdings, Inc. Special Committee Retains Financial Advisor and Independent Legal Counsel”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-917323","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPriority Technology Holdings, Inc. 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