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REPAY reiterates commitment to KUBRA acquisition

Monday, April 13, 2026 — 16:57:12 (UTC)

Apr 13, 2026 8:30 AM Eastern Daylight Time

REPAY Issues Statement on Veradace Partners’ Letter and Reiterates Commitment to KUBRA Acquisition

No Shareholder Action is Required at this Time

ATLANTA--(BUSINESS WIRE)--Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY” or the “Company”), a leading provider of integrated payment processing solutions, today issued the following statement in response to the letter by Veradace Partners:

REPAY’s Board of Directors and management team acknowledge receipt of a letter from Veradace Partners regarding governance requests and our recently announced agreement to acquire KUBRA.

The KUBRA acquisition will enhance REPAY’s scale in bill payments, strengthen its position in highly reoccurring, non-discretionary payment flows, and expand relationships with enterprise clients. The Board evaluated the transaction within the Company’s broader growth strategies and capital allocation framework, including prior share repurchases and ongoing balance sheet discipline. The Board is committed to the KUBRA acquisition and its potential to create long-term value for REPAY.

The Company has engaged constructively with Veradace over an extended period, has carefully considered their perspectives alongside input from other shareholders and remains focused on acting in the best interests of REPAY and all shareholders.

The KUBRA acquisition is governed by a definitive purchase agreement and supported by committed debt financing, and remains subject to required regulatory approvals and other customary closing conditions. As previously disclosed, no action is required from shareholders at this time.

About REPAY REPAY provides integrated payment processing solutions to verticals that have specific transaction processing needs. REPAY’s proprietary, integrated payment technology platform reduces the complexity of electronic payments for clients, while enhancing the overall experience for consumers and businesses.

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Source: Company press release.

Categories: Acquisition