{"schema_version":"secwatch.filing_event.v1","accession":"0001653558-21-000114","form_type":"8-K","ticker":"PRTH","cik":"0001653558","company_name":"Priority Technology Holdings, Inc.","filed_at":"2021-09-21T23:59:59+00:00","discovered_at":"2026-05-14T18:04:19.035977+00:00","generated_at":"2026-06-29T02:21:40.817060+00:00","sec_items":["1.01","2.01","2.03","3.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Priority Technology completes acquisition of Finxera; pro forma 2021 revenue $547-570M","bullets":["Total consideration of ~$375M cash and ~7.6M shares of Priority common stock.","Acquisition funded via $320M delayed draw term loan and $75M preferred stock issuance to Ares.","Finxera CEO Sanj Goyle and CTO Praveer Kumar to assume prominent roles at Priority.","Combined pro forma 2021 revenue $547-570M, adjusted EBITDA $131-136M, free cash flow $62-65M.","Net leverage ratio expected below 4.25x after the transaction."],"urls":{"canonical":"https://secwatch.observer/filing/0001653558-21-000114","json":"https://secwatch.observer/filing/0001653558-21-000114.json","markdown":"https://secwatch.observer/filing/0001653558-21-000114.md","text":"https://secwatch.observer/filing/0001653558-21-000114.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1653558/000165355821000114/0001653558-21-000114-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1653558/000165355821000114/prth-20210917.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T02:21:40.817060+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}