Priority Technology Holdings, Inc. Files Shelf Registration Statement

Priority Technology Holdings, Inc. recently made an exciting announcement. They filed a shelf registration statement with the Securities and Exchange Commission (SEC) for the registration of shares of the company’s common stock. This move will give Priority the flexibility to offer and sell common stock on a registered basis in the U.S. for a period of three years if approved by the SEC.

Tom Priore, Chairman and CEO of Priority, shared his thoughts on this development: “In line with the retirement of our preferred shares, opening a shelf registration will provide us with enhanced financial flexibility to meet our long-term strategic goals. This registration will allow for future offerings to improve our capital markets liquidity so that we are positioned to capitalize on opportunities that emerge for Priority to create value for our shareholders.”

While the registration statement has not yet become effective, it is an important step for the company’s future growth and financial health. This filing does not constitute an offer to sell securities, and any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933.

Priority is a payments and banking solution that helps businesses streamline financial operations efficiently. With their Priority Commerce Engine, businesses can accelerate cash flow, optimize working capital, reduce costs, and unlock new revenue opportunities.

For more information about Priority Technology Holdings, Inc. and their innovative offerings, visit their website at prioritycommerce.com.