Press release
Priority Technology Holdings, Inc. Special Committee Retains Financial Advisor and Independent Legal Counsel
ALPHARETTA, Ga.--(BUSINESS WIRE)-- Priority Technology Holdings, Inc. (the “Company” or “Priority”) (NASDAQ: PRTH) announced that a committee of independent
About this update from Priority Technology Holdings, Inc.
[{"type":"text","content":" ALPHARETTA, Ga.--(BUSINESS WIRE)--\nPriority Technology Holdings, Inc. (the “Company” or “Priority”) (NASDAQ: PRTH) announced that a committee of independent and disinterested directors of the Company’s Board of Directors (the “Special Committee”) 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’s evaluation of the preliminary, non-binding proposal, dated November 9, 2025, by Thomas Priore, the Company’s Chairman and Executive Officer.\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\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\nAbout Priority\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 — 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\nForward Looking Statements\n\nThis press release contains “forward-looking statements” 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 “anticipate,” “believe,” “expect,” “intend,” “plan” and “will” or, in each case, their negative, or other variations or comparable terminology. By their nature, forward-looking statements involve risks and un...