secwatch.observer — SEC 8-K summary
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Issuer:     Repay Holdings Corp (RPAY)
CIK:        0001720592
Form:       8-K
Filed at:   2026-04-14T23:59:59+00:00
Accession:  0001193125-26-153953
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Repay Holdings adopts stockholder rights plan with 12.5% trigger due to rapid stock accumulation
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- Trigger at 12.5% beneficial ownership; rights exercisable 10 days after announcement of acquiring person.
- Each right allows purchase of 1/1000th share of Series A Junior Participating Preferred for $17.00.
- Rights expire April 13, 2027; board may redeem at $0.001 per right before distribution date.
- Qualifying offer provision: 20% stockholders can demand special meeting to vote on exempting a qualifying offer.
- Dividend of one right per share payable April 24, 2026 to holders of record as of that date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720592/000119312526153953/0001193125-26-153953-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720592/000119312526153953/d893808d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-153953

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