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Stock impact report

REPAY Announces Extension of Expiration Date for the Consent Solicitation for Public Warrants

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 today that it has extended the expiration date for 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 Proposed Amendments will clarify that, in connection with any “cashless exercise” of the Warrants, as the fair market value relates to one share of Class A Common Stock, the Warrant Price (as defined in the Warrant Agreement) also relates to one share of Class A Common Stock.The expiration date for the consent solicitation has been extended to 5:00 p.m., New York City time, Show less Read more
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