{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-22-000022","form_type":"8-K","ticker":"RPAY","cik":"0001720592","company_name":"Repay Holdings Corp","filed_at":"2022-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:04:07.933994+00:00","generated_at":"2026-06-27T21:26:40.320468+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"REPAY acquires Payix for up to $115M; upsizes revolver capacity to $185M","bullets":["Purchase price up to $115M: $95M at closing plus up to $20M earnout based on 2022 performance.","Financed with cash on hand and available revolver; net leverage ~3.6x post-transaction, expected below 3.0x by year-end 2022.","Payix expected 2022 revenue >$15M, with gross margins ~65% and adjusted EBITDA margins ~40%.","Acquisition enhances REPAY's position in automotive loan repayment and accelerates BNPL expansion.","Revolver capacity increased from $125M to $185M via credit agreement amendment."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-22-000022","json":"https://secwatch.observer/filing/0001564590-22-000022.json","markdown":"https://secwatch.observer/filing/0001564590-22-000022.md","text":"https://secwatch.observer/filing/0001564590-22-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1720592/000156459022000022/0001564590-22-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1720592/000156459022000022/rpay-8k_20211229.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T21:26:40.320468+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}