STOCKWATCH
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Real Estate
Corporate GovernanceApr 14, 2026, 08:42 AM

Repay Holdings Adopts Stockholder Rights Plan with 12.5% Trigger

AI Summary

Repay Holdings Corporation's Board of Directors adopted a stockholder rights plan on April 13, 2026, declaring a dividend of one preferred share purchase right for each outstanding share of Class A common stock. This "poison pill" is designed to prevent hostile takeovers by imposing significant dilution on any person or group that acquires 12.5% or more of the company's common stock without prior Board approval. The rights dividend is payable on April 24, 2026, to stockholders of record on the same date.

Key Highlights

  • Board adopted a stockholder rights plan on April 13, 2026.
  • One preferred share purchase right issued per Class A common stock share.
  • Triggering percentage for dilution is 12.5% beneficial ownership.
  • Rights payable on April 24, 2026, to record holders on April 24, 2026.
RPAY
Real Estate
Repay Holdings Corp

Price Impact