---
schema_version: "secwatch.filing_event.v1"
accession: "0001653558-21-000141"
form_type: "8-K"
ticker: "PRTH"
cik: "0001653558"
company_name: "Priority Technology Holdings, Inc."
filed_at: "2021-12-02T23:59:59+00:00"
generated_at: "2026-06-28T04:11:11.659463+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Priority Tech files Finxera financials; net income fell 53% to $11.1M in 2020

## Summary
- Finxera 2020 revenue $71.5M (+5.3% YoY); net income $11.1M vs $23.8M in 2019.
- Operating income $32.7M in 2020, down 13% from $37.6M; interest expense doubled to $15.6M.
- Total assets $608.2M, total liabilities $721.2M, stockholders' deficit $113.0M at Dec 2020.
- Acquisition closed Sept 17, 2021; pro forma combined financials for 9 months and FY 2020 filed.

## SEC filing metadata
- accession: 0001653558-21-000141
- form_type: 8-K
- ticker: PRTH
- cik: 0001653558
- company_name: Priority Technology Holdings, Inc.
- filed_at: 2021-12-02T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1653558/000165355821000141/0001653558-21-000141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1653558/000165355821000141/prth-20210917.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001653558-21-000141
- JSON: https://secwatch.observer/filing/0001653558-21-000141.json
- Plain text: https://secwatch.observer/filing/0001653558-21-000141.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.