Priority Technology Holdings stock trades below USD 8.05 offer

Published on 09/28/2026 at 23:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Priority Technology Holdings stock was last at USD 7.77 on Nasdaq on September 28, 2026, down 0.13 percent. Q2 revenue reached USD 262.3 million, up 9.4 percent year over year.

PRTH, US74275K1088, Illustration mit AI erstellt.

Priority Technology Holdings stock (ISIN US74275K1088) was last at USD 7.77 on Nasdaq on September 28, 2026, down 0.13 percent from the USD 7.78 prior close. The central event is a proposed USD 8.05-per-share cash buyout announced on September 21, 2026, by an investor group led by Chairman and CEO Thomas Priore.

Cash offer sets the valuation

According to Business Wire on September 21, 2026, the transaction values Priority Technology at USD 1.6 billion in enterprise value and offers unaffiliated holders USD 8.05 per share in cash. The offer represented a 38 percent premium to the September 18, 2026, share price before the definitive agreement.

The current market price sits USD 0.28 below the offer, implying a 3.60 percent spread to the proposed consideration. The deal is expected to close in the first half of 2027, subject to regulatory approvals and approval by a majority of unaffiliated shareholders.

Quarterly growth meets deal risk

Priority's second-quarter 2026 revenue increased 9.4 percent year over year to USD 262.3 million, from USD 239.8 million, while adjusted EBITDA reached USD 59.4 million. These figures were reported in the company's second-quarter filing summarized by StockTitan.

The same filing describes a USD 15.75 million company termination fee and a USD 35.25 million reverse termination fee. Supporting stockholders holding 61.4 percent of outstanding shares signed agreements backing the transaction, while the merger has no financing condition and includes up to USD 160 million of equity financing.

Analyst target now matches offer

According to MarketBeat on September 21, 2026, Lake Street downgraded Priority to Hold and reduced its price target from USD 13.00 to USD 8.05. That target now matches the proposed cash consideration, shifting the stock's valuation debate toward deal completion, shareholder approval and regulatory clearance rather than a standalone operating multiple.

PRTH stays below the cash offer

PRTH was last at USD 7.77 on Nasdaq at 4:00 p.m. ET on September 28, 2026. The session range was USD 7.77 to USD 7.79, the 52-week range was USD 4.44 to USD 7.91, and market capitalization was USD 639.9 million.