Firm News
Schulte Represents Priority Technology Holdings in Proposed Exchange Offer and Related Consent Solicitation
January 3, 2019
Schulte represented Priority Technology Holdings Inc. in a proposed exchange offer and related consent solicitation. Priority filed plans with the SEC to exchange newly issued shares of its common stock for its currently outstanding warrants. In addition, Priority is seeking consent from holders of the outstanding warrants to amend the warrant agreement. Priority is a leading provider of merchant acquiring and commercial payment solutions.
The Schulte team advising Priority Technology Holdings Inc. included mergers & acquisitions and securities associate Evan Berger, employment & employee benefits partner Ian Levin and associate Adam Gartner; bank regulatory special counsel Jessica Sklute; and former Schulte lawyer David Passey.