RPAY · Repay Holdings Corporation

Repay Holdings Corporation entered into a definitive Stock Purchase Agreement on March 30, 2026, to acquire KUBRA, a provider of bill payment and customer communication solutions serving utilities and government entities reaching over 40% of US and Canadian households. The $372 million all-cash deal, subject to working capital adjustments, positions REPAY to combine its payment processing expertise with KUBRA's verticals in utilities, government, and insurance, creating scale with combined 2025 revenue of ~$548 million. Financing includes committed debt from Truist ($500M term loan, $100M revolver) alongside cash on hand, with no financing contingency in the agreement but a $18.6M reverse termination fee if REPAY fails to fund. Closing hinges on antitrust clearance under HSR, other regulatory approvals, and standard conditions, targeted for Q2 2026, with outside date of September 30, 2026. The transaction includes customary warranties, covenants, indemnities, and post-closing adjustments. REPAY issued a press release (Ex 99.1) and investor presentation (Ex 99.2), hosting a conference call on March 31, hosting to discuss strategic fit and synergies. Item 7.01 disclosures are not 'filed' under securities laws.