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Stock impact report

REPAY Announces Expiration of Consent Solicitation for Public Warrants and Provides Notice of Potential Warrant Price Reduction

Repay Holdings Corporation - Class A (RPAY) 
Last repay holdings corporation - class a earnings: 3/16 04:05 pm Check Earnings Report
Company Research Source: Business Wire
ATLANTA--(BUSINESS WIRE)--Repay Holdings Corporation (NASDAQ: RPAY) (the “Company” or “REPAY”) announced the expiration of its previously announced consent solicitation from holders of its outstanding public warrants (CUSIP No. 76029L 118) (the “Public Warrants” and together with private placement warrants, the “Warrants”) to approve amendments (the “Proposed Amendments”) to the existing warrant agreement, as previously amended, relating to the Warrants (the “Warrant Agreement”) for the purpose of curing certain ambiguities relating to a “cashless exercise” of the Warrants.The consent solicitation expired at 5:00 p.m., New York City time, on April 21, 2020. As of the expiration time, the Company had not obtained the requisite consents for the Proposed Amendments. Accordingly, the Proposed Amendments will not become operative.The Company has notified the holders of the Warrants that it may lower the Warrant Price (as defined in the Warrant Agreement) for a limited period of time (t Show less Read more
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