Shares of Repay Holdings Corporation (RPAY) are moving up about 26 percent on Friday morning trading after the company received an all-cash takeover proposal from Forager Capital Management, LLC, the largest shareholder of the company.
The company's shares are currently trading at $4.01 on the Nasdaq, up 26.57 percent. The stock opened at $3.98 and has climbed as high as $4.03 so far in today's session. Over the past year, it has traded in a range of $2.300 to $6.0550.
In the letter, Forager proposed to acquire 100 percent outstanding shares of Repay Holdings at a price of $4.80 per share in cash.
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April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.