Repay (RPAY) Announces 10M Share Public Offering of Common Stock

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Go back to Repay (RPAY) Announces 10M Share Public Offering of Common Stock

REPAY Announces Public Offering of Common Stock

September 9, 2020 4:44 PM EDT

ATLANTA--(BUSINESS WIRE)-- Repay Holdings Corporation (NASDAQ: RPAY) (REPAY or the Company) today announced the commencement of a registered underwritten public offering of 10,000,000 shares of its Class A common stock.

All of the proceeds (before expenses) from the offering will be used to acquire 10,000,000 units representing limited liability company interests of Hawk Parent Holdings LLC, the Companys direct subsidiary, from CC Payment Holdings, L.L.C., an entity controlled by Corsair Capital LLC and its affiliates, for cash. The completion of this transaction will increase the Companys public float of Class A common... More