Priority Income Fund, Inc. PRIF-PD

election_required = True...00 Shares, and (b) to qualify for this priority, an Odd Lot Holder must tender all Shares owned by the Odd Lot Holder in accordance with the procedures described in Section 4. Any Odd Lot Holder wishing to tender all of its Shares pursuant to the Offer should complete the section entitled “Odd Lots” in the Letter of Transmittal. As of September 22, 2023, there were 54,983,517 shares issued and outstanding, and there were 13,029 holders of record of our Shares. Of these shares, we are offering to repurchase up to 1,347,196 Shares, which would require us to pay $15,196,370.88 in cash at the NAV per Share of $11.28 as of September 14, 2023. Certain of the holders...

expiry = 2023-11-01...t 99(a)(1)(A) OFFER TO PURCHASE FOR CASH BY PRIORITY INCOME FUND, INC. SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE EQUAL TO THE COMPANY’S NET ASSET VALUE PER SHARE AS OF OCTOBER 31, 2023 THE OFFER WILL EXPIRE AT 4:00 PM, EASTERN TIME, ON NOVEMBER 1, 2023, UNLESS THE OFFER IS EXTENDED. To the Stockholders of Priority Income Fund, Inc.: Priority Income Fund, Inc., an externally managed, non-diversified, closed-end management investment company incorporated in Maryland (the “Company,” “our,”...

mechanism = NAVEX-1 3 exhibit99a1a92023.htm EX-1 Document Exhibit 99(a)(1)(A) OFFER TO PURCHASE FOR CASH BY PRIORITY INCOME FUND, INC. SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE EQUAL TO THE COMPANY’S NET ASSET VALUE PER SHARE AS OF OCTOBER 31, 2023 THE OFFER WILL EXPIRE AT 4:00 PM, EASTERN TIME, ON NOVEMBER 1, 2023, UNLESS THE OFFER IS EXTENDED. To the Stockholders of Priority Income Fund, Inc.: Priority Income Fund, Inc., an externally managed, non-diversified, closed-end management investment company incorporated in Maryland (the “Company,” “our,” “we,” or...

must_tender_all = True...f the date of this Offer are eligible to be repurchased pursuant to the Offer. If the amount of repurchase requests exceeds the number of Shares we seek to repurchase, we will repurchase Shares on a pro-rata basis (subject to the exception for Odd Lot Holders who tender all of their Shares). Any shares not purchased during the tender offer will need to be re-submitted for repurchase in subsequent offers at the subsequent per-share price. Notwithstanding any other provision of the Offer, we will not be required to purchase any Shares tendered pursuant to the Offer if such repurchase will cause us to be in violation of the s...

priority = True...repurchase all of the shares of our common stock that you own. To the extent that the number of shares of our common stock submitted to us for repurchase exceeds the number of shares that we are able to purchase, we will repurchase shares on a pro rata basis, subject to “odd lot” priority, from among the requests for repurchase received by us, not on a first-come, first-served basis. Further, we will have no obligation to repurchase shares if the repurchase would violate the restrictions on distributions under federal law or Maryland law, which prohibit distributions that would cause a corporation to fail to meet statutor...

threshold = 100...will repurchase Shares on a pro rata basis, subject to “odd lot” priority, among the requests for repurchase received by us. The term “odd lots” means all Shares tendered by any person (an “Odd Lot Holder”) who owned beneficially or of record an aggregate of fewer than 100 Shares and checks the “Full Odd Lot Redemption (100 shares or less)” box in the Letter of Transmittal. Odd lots will be accepted for payment before any proration of the purchase of other tendered Shares, provided that (a) this priority is not available to partial tenders or to beneficial or record holders of 100 or more Shares in the aggregate, even if these holders have s...

txn_type = TENDER_OFFEREX-1 3 exhibit99a1a92023.htm EX-1 Document Exhibit 99(a)(1)(A) OFFER TO PURCHASE FOR CASH BY PRIORITY INCOME FUND, INC. SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE EQUAL TO THE COMPANY’S NET ASSET VALUE PER SHARE AS OF OCTOBER 31, 2023 THE OFFER WILL EXPIRE AT 4:00 PM, EASTERN TIME, ON NOVEMBER 1, 2023, UNLESS THE OFFER IS EXTENDED. To the Stockholders of Priority Income Fund, Inc.: Priority Income Fund, Inc., an...

untradeable = True...t the close of business on the last day of the prior fiscal year ended June 30, 2023. As of September 22, 2023, there were 54,983,517 Shares issued and outstanding. The purpose of this Offer (as defined below) is to provide stockholders with liquidity because there is otherwise no public market for the Shares. The Offer is made upon the terms and subject to the conditions set forth in this Offer to Purchase and the related Letter of Transmittal (which, together with any amendments or supplements thereto, collectively constitute the “Offer”). The Offer is for cash at a price equal to the net asset value per Share (“NAV per Share”) as of Octobe...