Buckley Capital Advisors, which holds approximately 2.2% of the outstanding common shares of Priority Technology (PRTH) Holdings, sent a letter to the Board of Directors of the company regarding the preliminary, non-binding proposal dated November 9, 2025, from Thomas Priore, Priority’s Chairman and Chief Executive Officer, on behalf of himself and his affiliated entities that collectively own and control approximately 60% of the company’s issued and outstanding shares, to acquire all of Priority’s outstanding common shares that are not already owned by the Investor Group in a going-private transaction. The letter said, in part: “The Proposal by the Chairman, CEO and Controlling Shareholder of Priority Technology Drastically Undervalues PRTH and Appears to be an Opportunistic Attempt to Acquire Priority Technology without Paying Full Value. The Proposal Should Be Rejected by the Special Committee of the Board of Directors. Calls for the Special Committee to publicly commit to an Independent, Robust and Transparent Review of All Strategic Alternatives.”
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