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. was led by investment management partner John Mahon, M&A and securities partner F. Xavier Kowalski and associate Evan Berger. The team also included employment & employee benefits partner Ian Levin and associate Adam Gartner; tax partner David Passey and associate Philip Cooke; and bank regulatory special counsel Jessica Sklute.