Forager Capital Management Proposes to Acquire Repay Holdings Corporation

Forager Capital Management, LLC, the largest shareholder of Repay Holdings Corporation (NASDAQ: RPAY), proposed to acquire 100% of Repay for $4.80 per share in an all-cash transaction. The offer represents a 75% premium to Repay’s 30-day VWAP of $2.75 and would take the public company private, subject to definitive documentation, due diligence, and regulatory approvals.