Item 1.01.Entry into a Material Definitive Agreement.

On December 29, 2021, Repay Holdings Corporation (the "Company") and certain of its subsidiaries entered into a Second Amendment (the "Amendment") to Amended and Restated Revolving Credit Agreement (the "Amended Credit Agreement"), dated as of February 3, 2021, by and among the Company, certain subsidiaries of the Company, financial institutions parties thereto as lenders, and Truist Bank, as administrative agent. The Amendment amends the Amended Credit Agreement to increase the capacity under the revolving credit facility and to make certain clarifying amendments in connection with the Company's acquisition of the business of Payix Incorporated ("Payix") and in connection with subsequent permitted acquisitions.

Prior to the Amendment, the Amended Credit Agreement consisted of a $125.0 million senior secured revolving credit facility (the "Facility") in favor of Hawk Parent Holdings LLC ("Hawk Parent"), which is a subsidiary of the Company. The Amended Credit Agreement permitted Hawk Parent to increase the principal amount of the Facility subject to certain restrictions and conditions. The Amendment upsizes the Facility capacity to $185.0 million in favor of Hawk Parent. The Facility is guaranteed by the Company and certain of its subsidiaries. The Facility is secured by a first priority security interest in substantially all tangible and intangible property of the Company and certain of its subsidiaries.

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment, a copy of which is filed hereto as Exhibit 10.1 and is incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth under Item 1.01 is incorporated herein by reference.

Item 8.01.Regulation FD Disclosure.

On January 3, 2022, the Company issued a press release announcing the acquisition of Payix for up to $115 million. The acquisition was financed with cash on hand and available revolver capacity. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.





(d) Exhibits



   Exhibit No.                                    Description
10.1*                  Second Amendment to Amended and Restated Revolving Credit Agreement,
                     dated December 29, 2021, by and among Repay Holdings Corporation, Hawk
                     Parent Holdings LLC, Truist Bank, as Administrative Agent, and the
                     other parties thereto
99.1*                  Press Release issued January 3, 2022 by Repay Holdings
                     Corporation.
104                  Cover Page Interactive Data File (embedded within the Inline XBRL
                     document)

*           Filed herewith

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