Priority Technology (PRTH) said Friday that it had filed a shelf registration allowing for the potential sale of up to $100 million in common stock over time, including up to 13.4 million shares that selling stockholders may offer.
The company will determine the terms of each offer at the time, with specific details including prices and commissions provided in future prospectus supplements.
The company said the shares may be sold directly to investors, through agents, or via underwriters, adding it will not receive proceeds from shares sold by stockholders.
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