Forager Fund Increases Stake in Repay Holdings Corp (RPAY) to 12.9%

Forager Fund, L.P., along with its general partner Forager Capital Management, LLC and managing partners Edward Kissel and Robert MacArthur, has filed an amendment to their Schedule 13D reporting an increased stake in Repay Holdings Corp (RPAY). As of the event date on April 9, 2026, the reporting persons collectively beneficially own 11,106,648 shares of Class A Common Stock, with Forager Fund, L.P. directly holding 11,106,548 shares. This represents approximately 12.9% of the shares outstanding, an increase from the previously reported 11.9%. The filing details specific open-market purchases made between April 7 and April 9, 2026, totaling 913,711 shares. These transactions occurred at prices ranging from $2.42 to $2.68 per share. The acquisitions were conducted in the ordinary course of business using working capital. The reporting persons maintain shared or sole voting and dispositive power over the shares as specified in the filing, reflecting a continued commitment to their investment in the Atlanta-based payment technology company.