# EDGAR Filing Document

**Accession Number:** 0001653558
**File Stem:** 0001653558-25-000081
**Filing Date:** 2025-7
**Character Count:** 10465
**Document Hash:** 6aea09a8e939a9e3fd86edc35deb70ae
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001653558-25-000081.hdr.sgml**: 20250708

**ACCESSION NUMBER**: 0001653558-25-000081

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20250708

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250708

**DATE AS OF CHANGE**: 20250708

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Priority Technology Holdings, Inc.
- **CENTRAL INDEX KEY:** 0001653558
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-BUSINESS SERVICES, NEC [7389]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 474257046
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-37872
- **FILM NUMBER:** 251111107

**BUSINESS ADDRESS:**
- **STREET 1:** 2001 WESTSIDE PARKWAY
- **STREET 2:** SUITE 155
- **CITY:** ALPHARETTA
- **STATE:** GA
- **ZIP:** 30004
- **BUSINESS PHONE:** 800-935-5961

**MAIL ADDRESS:**
- **STREET 1:** 2001 WESTSIDE PARKWAY
- **STREET 2:** SUITE 155
- **CITY:** ALPHARETTA
- **STATE:** GA
- **ZIP:** 30004

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** M I Acquisitions, Inc.
- **DATE OF NAME CHANGE:** 20150918

?xml version='1.0' encoding='ASCII'? prth-20250708

**United States**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**Form 8-K** 

**Current Report**

**Pursuant to Section 13 or 15(d) of the**

**Securities Exchange Act of 1934**

**July 8, 2025**

Date of Report (Date of earliest event reported)

![Copy of Priority_Full-Color (2).jpg](prth-20250708_g1.jpg)

**<u>Priority Technology Holdings, Inc.</u>**

(Exact Name of Registrant as Specified in its Charter)

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| | | |
|:---|:---|:---|
| **Delaware** | **001-37872** | **47-4257046** |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |

---

---

| | | |
|:---|:---|:---|
| **2001 Westside Parkway** | **2001 Westside Parkway** | |
| **Suite 155** | **Suite 155** | |
| **Alpharetta,** | **Georgia** | **30004** |
| (Address of Principal Executive Offices) | (Address of Principal Executive Offices) | (Zip Code) |

---

Registrant's telephone number, including area code: **(800) 935-5961** 

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (<u>see</u> General Instruction A.2. below):

☐&nbsp;&nbsp;&nbsp;&nbsp; Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐&nbsp;&nbsp;&nbsp;&nbsp; Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐&nbsp;&nbsp;&nbsp;&nbsp; Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐&nbsp;&nbsp;&nbsp;&nbsp; Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol** | **Name of each exchange on which registered** |
| Common stock, $0.001 par value | PRTH | NASDAQ |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of (1933 §230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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**Item 8.01 Other Events**

On July 8, 2025, the Company issued a press release attached hereto as <u>Exhibit 99.1.</u> The information set forth therein is incorporated herein by reference and constitutes a part of this report.

**Item 9.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits**

(d) Exhibits – The following exhibit is furnished as part of this Current Report on Form 8-K.

---

| | |
|:---|:---|
| **Exhibit Number** | **Description** |
| [99.1](pressreleasevf070825.htm) | [Press Release dated July 8, 2025](pressreleasevf070825.htm) |

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**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
| July 8, 2025 |  |
|  | PRIORITY TECHNOLOGY HOLDINGS, INC. |
|  | <u>By: /s/ Timothy O'Leary</u> |
|  | Name: Timothy O'Leary |
|  | Title: Chief Financial Officer |

---

## Exhibit 99.1

EXHIBIT 99.1

![copyofpriority_full-color2a.jpg](copyofpriority_full-color2a.jpg)

**Priority Technology Holdings, Inc. Announces Launch of New Senior Credit Facilities** 

ALPHARETTA, GA – July 8, 2025 -- Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the payments and banking solution that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced that it has launched an effort to issue new senior credit facilities, including $70 million in a revolving credit facility and $1.0 billion in a term loan. The new senior credit facilities will extend the maturity to a new 5 year term on the revolving credit facility and a new 7 year maturity on the term loan. The proceeds from the new senior credit facilities will be used to refinance existing debt of $935.5 million, partially finance a prospective tuck-in acquisition, in addition to settling certain contingent consideration related to the Company's prior acquisition of Plastiq and pay transaction fees and expenses. The new senior credit facilities and related transactions are expected to close in the third quarter of 2025 with more details to be provided at that time based on final terms.

Tim O'Leary, Chief Financial Officer, commented, "This refinancing initiative aligns with our ongoing strategy to optimize our capital structure and is supported by the current favorable debt market conditions. With Moody's recent upgrade of Priority's debt rating to 'B1' and S&P's positive outlook on Priority's B rating combined with our strong financial performance, we feel that the timing is appropriate to launch an effort for a new term loan financing."

**About Priority**

Priority 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 services, and banking 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

and its publicly traded parent, Priority Technology Holdings, Inc. (NASDAQ: PRTH), visit prioritycommerce.com.

------

EXHIBIT 99.1

**Forward Looking Statements**

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results, our plans, objectives, expectations and intentions with respect to future operations, products and services, and other statements identified by words such as "may," "will," "should," "anticipates," "believes," "expects," "plans," "future," "intends," "could," "estimate," "predict," "projects," "targeting," "potential" or "contingent," "guidance," "outlook" or words of similar meaning. These forward-looking statements include, but are not limited to, the Purchase Agreement and our ability to close on the Purchase Agreement. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive risks, trends and uncertainties that could cause actual results to differ materially from those projected, expressed, or implied by such forward-looking statements. Our actual results could differ materially, and potentially adversely, from those discussed or implied herein.

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 or www.prioritycommerce.com.

We caution you that the important factors referenced above may not contain all of the factors that are important to you. In addition, we cannot assure you that we will realize the results or developments we expect or anticipate or, even if substantially realized, that they will result in the consequences we anticipate or affect us or our operations in the way we expect. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance. The forward-looking statements included in this press release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. If we do update one or more forward-looking statements, no inference should be made that we will make additional updates with respect to those or other forward-looking statements. We qualify all of our forward-looking statements by these cautionary statements.

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