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REPAY | January 04, 2022
Repay Holdings Corporation recently purchased Payix for up to $115 million. The acquisition was finalized over cash on hand. Repay also announced a $60 million increase in revolver capacity,with the goal of increasing its existing Revolving Credit Facility from $125 million to $185 million.
Repay offers cohesive payment processing solutions to verticals, which possess precise transaction processing requirements. Its technological platform functions to reduce the complexity of elec...
U.S. Securities and Exchange Commission (SEC) | March 04, 2020
The U.S. Securities and Exchange Commission (SEC) said on Wednesday that it would give companies affected by coronavirus more time to file certain disclosures. The watchdog said companies affected by the outbreak of the flu-like respiratory disease now have an additional 45 days to file certain disclosures, including quarterly reports. U.S.-listed companies seeking such a delay must explain why the relief is needed, the agency said. It would also consider providing additional extensions for any ...
Reuters | April 27, 2020
The U.S. government notified lenders on Sunday that it will cap how much each bank can lend under the emergency loan program designed to keep workers on payrolls amid the coronavirus pandemic, hours ahead of the reopening of the lending program.
The Small Business Administration (SBA) will impose a maximum dollar amount for individual lenders at 10% of Paycheck Protection Program funding, or $60 billion per lender, and pace the applications filed, according to SBA guidance on Sunday to le...
Goldman Sachs | January 24, 2020
From June 30, Goldman Sachs Group Inc will only help take a company public if it has at least one diverse board member, as such companies perform better after listing, Chief Executive David Solomon said on CNBC on Thursday. The policy will apply to U.S. and European companies and will increase over time, with the bank requiring two diverse board members starting in June 2021, Solomon said. Solomon did not define what the company meant by "diverse" candidates, but said the focus was on ...
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