10:29 AM EST, 11/10/2025 (MT Newswires) -- Priority Technology ( PRTH ) shares rose nearly 18% in recent trading Monday after its board received a preliminary, non-binding take-private proposal from a group led by Chief Executive Officer Thomas Priore.

The proposal offers $6.00 to $6.15 per share in cash for the remaining shares not owned by the group, which already holds about 58% of Priority's outstanding stock, according to a recent proxy filing.

Priority said the proposal was filed with the US Securities and Exchange Commission and cautioned that there is no guarantee a deal will be reached.

Price: 5.74, Change: +0.87, Percent Change: +17.86