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Repay confirms receipt of unsolicited proposal from Forager Capital for $4.80/sh

Repay Holdings (RPAY) “confirmed receipt of an unsolicited, non-binding proposal from Forager Capital Management, LLC, a stockholder of the Company, to acquire the outstanding shares of the Company for $4.80 per share in cash. REPAY’s Board of Directors, consistent with its fiduciary duties, will review the proposal in consultation with the Company’s financial and legal advisors.”

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