Repay Holdings Corp — fact timeline

Repay Holdings Corp completed an acquisition involving KUBRA Holdings, Inc. and KUBRA Data Transfer Ltd. (collectively, KUBRA) for aggregate cash purchase price for the Acquisition was approximately $372 million (closed 2026-06-01).

“KUBRA became an indirect wholly owned subsidiary of the Company. Pursuant to the Purchase Agreement, the aggregate cash purchase price for the Acquisition was approximately $372 million, subject to customary post-closing adjustments. The closing cash consideration was funded with a combination of cash on hand and borrowings under the Credit Agreement described”

Repay Holdings Corp incurred revolving credit of $100.0 million with Truist Bank at term SOFR-based rate plus an applicable margin maturing the earlier of (a) the fifth anniversary of the Closing Date, (b) the date that is 182 days prior to the maturity date of the Company’s 2.875% Convertible Senio.

“The Credit Agreement provides for (i) a senior secured first lien term loan facility in an aggregate principal amount of $500.0 million (the “Term Loan Facility”) and (ii) a senior secured first lien revolving credit facility in an aggregate principal amount of $100.0 million (the “Revolving Credit Facility”)”

Repay Holdings Corp incurred credit facility of $500.0 million with Truist Bank at term SOFR-based rate plus an applicable margin maturing the earlier of (a) the seventh anniversary of the Closing Date and (b) the date that is 91 days prior to the maturity date of the Company’s 2.875% Convertible S.

“The Credit Agreement provides for (i) a senior secured first lien term loan facility in an aggregate principal amount of $500.0 million (the “Term Loan Facility”) and (ii) a senior secured first lien revolving credit facility in an aggregate principal amount of $100.0 million”

Repay Holdings Corp entered into Credit Agreement with Truist Bank, as administrative agent valued at $500.0 million (effective 2026-06-01).

“On June 1, 2026 (the “Closing Date”), Repay Holdings Corporation (the “Company” or “REPAY”), its wholly owned subsidiary, Hawk Parent Holdings LLC, a Delaware limited liability company (the “Borrower”) and certain subsidiaries of the Company party thereto, as guarantors, entered into a Credit Agreement (the “Credit Agreement”) with certain financial institutions party thereto, as lenders, and Truist Bank, as administrative agent.”

Repay Holdings Corp reported first quarter ended March 31, 2026 results: revenue $80.8, net income $(10.0). Guidance reaffirmed.

“First Quarter 2026 Financial Highlights ($ in millions) Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Revenue $ 77.3 $ 75.6 $ 77.7 $ 78.6 $ 80.8 Net (loss) income (1) (8.2 ) (108.0 ) (6.6 ) (148.3 ) (10.0 )”

Repay Holdings Corp reported full year 2026 results: revenue $340 - 346 million. Guidance raised.

“related to the pending KUBRA acquisition. REPAY is now expecting the following financial results for full year 2026: Initial FY2026 Outlook Updated FY2026 Outlook Revenue $340 - 346 million $340 - 346 million Adjusted EBITDA $136.5 - 141.5 million $141 - 146 million Free Cash Flow Conversion 45% 45% The Company will release its full financial results”

Repay Holdings Corp reported the quarter ended March 31, 2026 results: revenue $80.5 million to $81.0 million.

“and raised its full year 2026 Adjusted EBITDA outlook. The preliminary financial results for the three months ended March 31, 2026 are as follows: • Revenue is expected to be $80.5 million to $81.0 million, representing approximately 4% growth year-over-year. • Consumer Payments revenue growth of approximately 4% year-over-year. • Business Payments revenue growth”

Repay Holdings Corp: Adopted Certificate of Designation for Series A Junior Participating Preferred Stock in connection with stockholder rights plan (effective 2026-04-14).

“In connection with the adoption of the Rights Agreement, the Company has adopted a Certificate of Designation of Series A Junior Participating Preferred Stock (the “Certificate of Designation”). The Certificate of Designation was filed with the Secretary of State of the State of Delaware on April 14, 2026.”

Repay Holdings Corp entered into Purchase Agreement with Hearst KUBRA Holdings, Inc. valued at approximately $372 million (effective 2026-03-30).

“On March 30, 2026, Repay Holdings Corporation (“REPAY” or the “Company”) entered into a Stock Purchase Agreement, dated as of March 30, 2026 (as amended or supplemented from time to time, the “Purchase Agreement”), with Hearst KUBRA Holdings, Inc., a Delaware corporation (“Seller”), KUBRA Holdings, Inc., a Delaware corporation (“Kubra US”) and KUBRA Data Transfer Ltd., an Ontario corporation (“Kubra Canada” and together with Kubra US, “KUBRA”), pursuant to which REPAY will acquire all of the issued and outstanding capital stock of KUBRA (the “Acquisition”).”

Repay Holdings Corp incurred credit facility of $500 million with Truist Bank and Truist Securities, Inc..

“In connection with the execution of the Purchase Agreement, the Company has delivered to the Seller a debt commitment letter (the “Debt Commitment Letter”) executed with Truist Bank and Truist Securities, Inc. (together, the “Commitment Parties”), pursuant to which the Commitment Parties have committed, subject to the terms and conditions contained therein, to provide the Company with (a) a term loan facility in an aggregate principal amount of $500 million and (b) a revolving credit facility in an aggregate principal amount of $100 million (collectively, the “Debt Financing”).”

Thomas E. Sullivan was appointed as Interim Chief Financial Officer at Repay Holdings Corp.

“In the interim, Thomas E. Sullivan has been appointed to serve as the Company’s Interim Chief Financial Officer, effective upon Mr. Murphy’s departure.”

Timothy J. Murphy resigned as Chief Financial Officer at Repay Holdings Corp.

“On April 21, 2025, Timothy J. Murphy notified Repay Holdings Corporation (the “Company”) of his decision to resign as Chief Financial Officer of the Company, effective May 15, 2025.”