# EDGAR Filing Document

**Accession Number:** 0001554625
**File Stem:** 0001554625-23-000010
**Filing Date:** 2023-2
**Character Count:** 7690
**Document Hash:** 7f005ae5aef169ad1564fd6d82d1613f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001554625-23-000010.hdr.sgml**: 20230208

**ACCESSION NUMBER**: 0001554625-23-000010

**CONFORMED SUBMISSION TYPE**: SC TO-I/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230208

**DATE AS OF CHANGE**: 20230208

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Priority Income Fund, Inc.
- **CENTRAL INDEX KEY:** 0001554625
- **IRS NUMBER:** 460611646
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-88851
- **FILM NUMBER:** 23600190

**BUSINESS ADDRESS:**
- **STREET 1:** 10 EAST 40TH STREET
- **STREET 2:** 42ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10016
- **BUSINESS PHONE:** (212) 448-0702

**MAIL ADDRESS:**
- **STREET 1:** 10 EAST 40TH STREET
- **STREET 2:** 42ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10016

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Priority Senior Secured Income Fund, Inc.
- **DATE OF NAME CHANGE:** 20120719
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Priority Income Fund, Inc.
- **CENTRAL INDEX KEY:** 0001554625
- **IRS NUMBER:** 460611646
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A

**BUSINESS ADDRESS:**
- **STREET 1:** 10 EAST 40TH STREET
- **STREET 2:** 42ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10016
- **BUSINESS PHONE:** (212) 448-0702

**MAIL ADDRESS:**
- **STREET 1:** 10 EAST 40TH STREET
- **STREET 2:** 42ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10016

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Priority Senior Secured Income Fund, Inc.
- **DATE OF NAME CHANGE:** 20120719

**As filed with the Securities and Exchange Commission on February 8, 2023**

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

**SCHEDULE TO** 

**Tender Offer Statement under Section 14(d)(1) or 13(e)(1)** 

**of the Securities Exchange Act of 1934** 

**(Amendment No. 1)**

**PRIORITY INCOME FUND, INC.** 

**(Name of Subject Company (Issuer) AND Filing Person (Offeror))** 

**Common Stock, Par Value $0.01 per share** 

**(Title of Class of Securities)** 

**74272V107 – Class R Common Stock**

**74272V206 – Class RIA Common Stock**

**74272V305 – Class I Common Stock** 

**(CUSIP Number of Class of Securities)** 

**(Underlying Common Stock)** 

**M. Grier Eliasek** 

**Chief Executive Officer**

**Priority Income Fund, Inc.** 

**10 East 40**<sup>th</sup> **Street, 42**<sup>nd</sup> **Floor** 

**New York, NY 10016** 

**(Name, address and telephone number of person authorized to receive notices and communications on behalf of filing person)** 

**Steven B. Boehm, Esq.**

**Cynthia R. Beyea, Esq.**

**Eversheds Sutherland (US) LLP**

**700 Sixth Street, NW**

**Washington, DC 20001**

**Tel: (202) 383-0100**

**Fax: (202) 637-3593**

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| | | |
|:---|:---|:---|
| □Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. | □Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. | □Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. |
| | Check the appropriate boxes below to designate any transactions to which the statement relates: | Check the appropriate boxes below to designate any transactions to which the statement relates: |
| | □ | Third-party tender offer subject to Rule 14d-1. |
| | ⌧ | Issuer tender offer subject to Rule 13e-4. |
| | □ | Going-private transaction subject to Rule 13e-3. |
| | □ | Amendment to Schedule 13D under Rule 13d-2. |

---

⌧Check the box if the filing is a final amendment reporting the results of the tender offer.

If applicable, check the appropriate box(es) below to designate the appropriate rule provision(s) relied upon:

 □ Rule 13e-4(i) (Cross-Border Issuer Tender Offer) <br> □ Rule 14d-1(d) (Cross-Border Third-Party Tender Offer)

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**AMENDMENT NO. 1**

**SCHEDULE TO**

This Amendment No. 1 amends and supplements the Tender Offer Statement on Schedule TO originally filed with the U.S. Securities and Exchange Commission (the "Commission") on December 23, 2022 (the "Schedule TO") by Priority Income Fund, Inc., an externally managed, non-diversified, closed-end management investment company incorporated in the State of Maryland (the "Company"), relating to the offer by the Company to purchase up to 1,099,918 shares of its issued and outstanding common stock, par value $0.01 per share (the "Shares") (which amount represents 2.5% of the number of shares outstanding at the close of business on the last day of the prior fiscal year ended June 30, 2022). The offer was made upon the terms and subject to the conditions set forth in the Offer to Purchase and the related Letter of Transmittal (which, together with any amendments or supplements hereto or thereto, collectively constituted the "Offer"). The Offer expired at 4:00 p.m., Eastern Time, on February 2, 2023, and a total of 1,194,710 Shares were validly tendered and not withdrawn as of such date, an amount that exceeded the maximum number of Shares the Company offered to purchase pursuant to the Offer. In accordance with Rule 13e-4(f), the Company determined to accept for purchase an additional 0.2% of its outstanding Shares (the "Additional Shares"). In accordance with the terms of the Offer and Rule 13e-4(f), the Company purchased all 1,194,710 Shares validly tendered and not withdrawn, which includes the Additional Shares, at a price equal to $11.26 per Share, for an aggregate purchase price of approximately $13,452,436. The purchase price per Share was equal to the net asset value per Share as of January 31, 2023. All Shares tendered by each shareholder who participated in the tender offer were repurchased by the Company.

------

**SIGNATURE**

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 8, 2023

---

| |
|:---|
| **Priority Income Fund, Inc.** |
| By: <u>/s/ M. Grier Eliasek</u>&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;  |
| Name: M. Grier Eliasek |
| Title: Chairman, Chief Executive Officer and President |

---

## Ex-Filing

EX-FILING FEES

**Calculation of Filing Fee Table**

**Form Schedule TO**

(Form Type)

**Priority Income Fund, Inc.** 

(Exact Name of Registrant as Specified in its Charter)

<u>Table 1: Transaction Value</u>

---

| | | | |
|:---|:---|:---|:---|
| | **Transaction Valuation** | **Fee Rate** | **Amount of Filing Fee** |
| **Fees to be paid** | $13452436.42(1) | $0.00011020 | $1482.46(2) |
| **Fees Previously Paid** | $12374077.50 |  | $1363.62(3) |
| **Total Transaction Valuation** | $13452436.42 |  |  |
| **Total Fees Due for Filing** |  |  | $1482.46 |
| **Total Fees Previously Paid** |  |  | $1363.62 |
| **Total Fee Offsets** |  |  |  |
| **Net Fee Due** |  |  | $118.84 |

---

(1) The Registrant previously offered to purchase up to 1,099,918 shares worth of its issued and outstanding common stock, par value $0.01 per share ("Shares"). The Registrant subsequently increased its offer to purchase to 1,194,710 Shares at a price equal to the net asset value per Share as of January 31, 2023 of $11.26.

(2) Calculated as 100% of the Transaction Valuation.

(3) Paid in connection with the Registrant's filing of a Schedule TO on December 23, 2022.

<br>