secwatch.observer — SEC 8-K summary
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Issuer:     Priority Technology Holdings, Inc. (PRTH)
CIK:        0001653558
Form:       8-K
Filed at:   2023-07-03T23:59:59+00:00
Accession:  0001653558-23-000078
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Priority Technology secures $25M additional revolving credit; $10M contingent on acquisition
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- $25M aggregate additional revolving commitments under Third Amendment to Credit Agreement.
- $15M available immediately; remaining $10M available upon consummation of an Acquisition.
- Third Amendment dated June 30, 2023; Truist Bank remains administrative and collateral agent.
- Additional commitments are same class as original revolving commitments, with same security and guarantees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653558/000165355823000078/0001653558-23-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653558/000165355823000078/prth-20230630.htm
  HTML page:      https://secwatch.observer/filing/0001653558-23-000078

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer