BUZZ-Repay surges after Forager Capital boosts acquisition proposal to $5.25 per share

Repay Holdings Corp. Class A

Repay Holdings Corp. Class A

RPAY

0.00

** Payments technology firm Repay RPAY.O shares jump 21% to $4.23

** Hedge fund Forager Capital Management raises proposal to acquire RPAY to $5.25 per share

** RPAY in May rejected Forager's unsolicited acquisition proposal of $4.80 per share in cash

** Forager is RPAY's largest shareholder with roughly 13% stake

** Four of five brokerages rate the stock "buy" and one "hold"; median PT $6 - data compiled by LSEG

** As of last close, RPAY stock down 1.9% YTD


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