{"id":950767,"date":"2026-04-13T08:33:09","date_gmt":"2026-04-13T12:33:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/repay-issues-statement-on-veradace-partners-letter-and-reiterates-commitment-to-kubra-acquisition\/"},"modified":"2026-04-13T08:33:09","modified_gmt":"2026-04-13T12:33:09","slug":"repay-issues-statement-on-veradace-partners-letter-and-reiterates-commitment-to-kubra-acquisition","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/repay-issues-statement-on-veradace-partners-letter-and-reiterates-commitment-to-kubra-acquisition\/","title":{"rendered":"REPAY Issues Statement on Veradace Partners\u2019 Letter and Reiterates Commitment to KUBRA Acquisition"},"content":{"rendered":"

<\/p>\n

REPAY Issues Statement on Veradace Partners\u2019 Letter and Reiterates Commitment to KUBRA Acquisition<\/b><\/p>\n

No Shareholder Action is Required at this Time<\/i><\/p>\n

ATLANTA–(BUSINESS WIRE<\/a>)–
\nRepay Holdings Corporation (NASDAQ: RPAY) (\u201cREPAY\u201d or the \u201cCompany\u201d), a leading provider of integrated payment processing solutions,today issued the following statement in response to the letter by Veradace Partners:<\/p>\n

\nREPAY\u2019s Board of Directors and management team acknowledge receipt of a letter from Veradace Partners regarding governance requests and our recently announced agreement to acquire KUBRA.<\/p>\n

\nThe KUBRA acquisition will enhance REPAY\u2019s scale in bill payments, strengthen its position in highly reoccurring, non-discretionary payment flows, and expand relationships with enterprise clients. The Board evaluated the transaction within the Company\u2019s broader growth strategies and capital allocation framework, including prior share repurchases and ongoing balance sheet discipline. The Board is committed to the KUBRA acquisition and its potential to create long-term value for REPAY.<\/p>\n

\nThe Company has engaged constructively with Veradace over an extended period, has carefully considered their perspectives alongside input from other shareholders and remains focused on acting in the best interests of REPAY and all shareholders.<\/p>\n

\nThe KUBRA acquisition is governed by a definitive purchase agreement and supported by committed debt financing, and remains subject to required regulatory approvals and other customary closing conditions. As previously disclosed, no action is required from shareholders at this time.<\/p>\n

About REPAY
\n
<\/b>REPAY provides integrated payment processing solutions to verticals that have specific transaction processing needs. REPAY\u2019s proprietary, integrated payment technology platform reduces the complexity of electronic payments for clients, while enhancing the overall experience for consumers and businesses.<\/p>\n

Forward Looking Statements
\n
<\/b>This communication contains \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about anticipated benefits from the KUBRA acquisition and other statements identified by words such as \u201ccan,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201cbelieve,\u201d \u201cprojection\u201d or words of similar meaning. Such forward-looking statements are based upon the current beliefs and expectations of REPAY\u2019s management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control.<\/p>\n

\nIn addition to factors disclosed in REPAY\u2019s reports filed with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2025, and those identified elsewhere in this communication, the following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: the risk that the proposed transaction may not be completed in a timely manner or at all; the inability to integrate and\/or realize the benefits of the KUBRA acquisition, including expected synergies; the occurrence of any fact, event, change, development or circumstance that could give rise to the termination of the definitive acquisition agreement; the failure to satisfy any of the conditions to the consummation of the transaction, including the receipt of certain governmental or regulatory approvals; the risk that the financing necessary to consummate the transaction may not be obtained, may be delayed, or may be available only on less favorable terms than anticipated; that the announcement of the proposed acquisition could disrupt REPAY\u2019s or KUBRA\u2019s relationships with customers, employees or other business partners; changes in the bill payment and payment processing markets in which REPAY and KUBRA operate, including with respect to the applicable competitive landscape, technology evolution or regulatory changes; changes in the vertical markets that REPAY or KUBRA target, including the regulatory environment applicable to those customers; risks relating to REPAY\u2019s and KUBRA\u2019s relationships within the payment ecosystem; and risks relating to data security.<\/p>\n

\nActual results, performance or achievements may differ materially, and potentially adversely, from any projections and forward-looking statements and the assumptions on which those forward-looking statements are based. There can be no assurance that the data contained herein is reflective of future performance to any degree. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance. All information set forth herein speaks only as of the date hereof in the case of information about REPAY or the date of such information in the case of information from persons other than REPAY, and REPAY disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication. Forecasts and estimates regarding REPAY\u2019s industry and end markets are based on sources it believes to be reliable, however there can be no assurance these forecasts and estimates will prove accurate in whole or in part.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260413029440\/en\/<\/a><\/span><\/p>\n

Investor Relations
\n
<\/b>ir@repay.com
\n<\/a><\/p>\n

Media Contact: <\/b>Phil Denning and Devin Broda, ICR
\n
Phil.Denning@icrinc.com<\/a> \/ Devin.Broda@icrinc.com<\/a><\/p>\n

KEYWORDS:<\/b> Georgia United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Software Payments Finance Professional Services Technology Electronic Commerce Fintech Business<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

REPAY Issues Statement on Veradace Partners\u2019 Letter and Reiterates Commitment to KUBRA Acquisition No Shareholder Action is Required at this Time ATLANTA–(BUSINESS WIRE)– Repay Holdings Corporation (NASDAQ: RPAY) (\u201cREPAY\u201d or the \u201cCompany\u201d), a leading provider of integrated payment processing solutions,today issued the following statement in response to the letter by Veradace Partners: REPAY\u2019s Board of Directors and management team acknowledge receipt of a letter from Veradace Partners regarding governance requests and our recently announced agreement to acquire KUBRA. The KUBRA acquisition will enhance REPAY\u2019s scale in bill payments, strengthen its position in highly reoccurring, non-discretionary payment flows, and expand relationships with enterprise clients. The Board evaluated the transaction within the Company\u2019s broader growth strategies and capital allocation framework, including prior … <\/p>\n

Continue reading “REPAY Issues Statement on Veradace Partners\u2019 Letter and Reiterates Commitment to KUBRA Acquisition”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-950767","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nREPAY Issues Statement on Veradace Partners\u2019 Letter and Reiterates Commitment to KUBRA Acquisition - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/repay-issues-statement-on-veradace-partners-letter-and-reiterates-commitment-to-kubra-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"REPAY Issues Statement on Veradace Partners\u2019 Letter and Reiterates Commitment to KUBRA Acquisition - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"REPAY Issues Statement on Veradace Partners\u2019 Letter and Reiterates Commitment to KUBRA Acquisition No Shareholder Action is Required at this Time ATLANTA–(BUSINESS WIRE)– Repay Holdings Corporation (NASDAQ: RPAY) (\u201cREPAY\u201d or the \u201cCompany\u201d), a leading provider of integrated payment processing solutions,today issued the following statement in response to the letter by Veradace Partners: REPAY\u2019s Board of Directors and management team acknowledge receipt of a letter from Veradace Partners regarding governance requests and our recently announced agreement to acquire KUBRA. 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