Short answer
Priority Technology Holdings, Inc. (PRTH) filed an 8-K current report with the SEC on August 26, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement). PPS acquired Convenient Payments, LLC, expanding Priority’s payments platform through a wholly owned subsidiary.
Priority Technology Holdings, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 1.01 · Entry into a Material Definitive Agreement
- PPS acquired Convenient Payments, LLC, expanding Priority’s payments platform through a wholly owned subsidiary
- Upfront purchase price of $11.5 million, subject to transaction adjustments
- Additional earnout liability capped at $3.5 million over eight fiscal quarters
- Earnout tied to acquired business gross profit, aligning seller compensation with post-closing performance
- Transaction closed August 25, 2026, with Priority guaranteeing PPS’s payment obligations
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Priority Technology Holdings, Inc. 8-K filings
Get the next PRTH 8-K as it lands
Follow PRTH for push alerts, or ask the research agent what this filing means.