09:23 AM EST, 01/16/2025 (MT Newswires) -- Priority Technology Holdings ( PRTH ) said Thursday a secondary offering by certain shareholders of about 9.1 million common shares has been priced at $7.75 apiece, with an option for underwriters to buy up to an additional 1.36 million shares within 30 days.

The company said it will not sell shares or receive proceeds from the offering, which will likely close Friday.

Priority Technology's ( PRTH ) shares were down 5.7% in recent Thursday premarket activity.