The 13 million shares were sold for $24 per share. That resulted in proceeds to the company of about $305 million. Repay has purchased several companies in the last two years, including APS Payments.
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REPAY OFFERS MAXIMUM SHARES Featured
The underwriter for a stock offering by Repay Holdings has exercised its over-allotment option to purchase an additional 1,364,816 shares. Earlier this month, the payments software company had increased its public offering from 10 million to 13 million shares.
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