# EDGAR Filing Document

**Accession Number:** 0001772351
**File Stem:** 0001772351-26-000007
**Filing Date:** 2026-4
**Character Count:** 16556
**Document Hash:** b6c4c70a2307693b9b63ac963bec4afa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001772351-26-000007.hdr.sgml**: 20260415

**ACCESSION NUMBER**: 0001772351-26-000007

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20260415

**DATE AS OF CHANGE**: 20260415

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Repay Holdings Corp
- **CENTRAL INDEX KEY:** 0001720592
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-BUSINESS SERVICES, NEC [7389]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-90519
- **FILM NUMBER:** 26865209

**BUSINESS ADDRESS:**
- **STREET 1:** 3060 PEACHTREE ROAD NW
- **STREET 2:** SUITE 1100
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30305
- **BUSINESS PHONE:** (404) 504-7472

**MAIL ADDRESS:**
- **STREET 1:** 3060 PEACHTREE ROAD NW
- **STREET 2:** SUITE 1100
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30305

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Thunder Bridge Acquisition Ltd
- **DATE OF NAME CHANGE:** 20171024
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Veradace Capital Management LLC
- **CENTRAL INDEX KEY:** 0001772351

**ORGANIZATION NAME:**
- **EIN:** 833793525
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D

**BUSINESS ADDRESS:**
- **STREET 1:** 3889 MAPLE AVE
- **STREET 2:** SUITE 220
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75219
- **BUSINESS PHONE:** 913-908-4943

**MAIL ADDRESS:**
- **STREET 1:** 3889 MAPLE AVE
- **STREET 2:** SUITE 220
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75219

### Attached PDF Documents

**Attachment 1:** `vcm991.pdf`

_No text found in this document._

**Attachment 2:** `schedulea.pdf`

_No text found in this document._

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**Repay Holdings Corp**

*(Name of Issuer)*

**Common Stock**

*(Title of Class of Securities)*

**—**

*(CUSIP Number)*

**Alex Vezendan**<br>3889 Maple Avenue<br>Suite 220<br>Dallas TX 75219<br>913-908-4943

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**04/10/2026**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Veradace Capital Management LLC** | Name of reporting person<br>**Veradace Capital Management LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**7355504.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**7355504.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**7355504.00** | Aggregate amount beneficially owned by each reporting person<br>**7355504.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**8.6%** | Percent of class represented by amount in Row (11)<br>**8.6%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**PN** | Type of Reporting Person (See Instructions)<br>**PN** | |

---

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Veradace Partners LP** | Name of reporting person<br>**Veradace Partners LP** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**7355504.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**7355504.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**7355504.00** | Aggregate amount beneficially owned by each reporting person<br>**7355504.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**8.6%** | Percent of class represented by amount in Row (11)<br>**8.6%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**PN** | Type of Reporting Person (See Instructions)<br>**PN** | |

---

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Alexander Vezendan** | Name of reporting person<br>**Alexander Vezendan** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**7355504.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**7355504.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**7355504.00** | Aggregate amount beneficially owned by each reporting person<br>**7355504.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**8.6%** | Percent of class represented by amount in Row (11)<br>**8.6%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**John Conlin** | Name of reporting person<br>**John Conlin** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**7355504.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**7355504.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**7355504.00** | Aggregate amount beneficially owned by each reporting person<br>**7355504.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**8.6%** | Percent of class represented by amount in Row (11)<br>**8.6%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock

**(b) Name of Issuer:**
Repay Holdings Corp

**(c) Address of Issuer's Principal Executive Offices:**
3060 PEACHTREE ROAD NW, SUITE 1100, Atlanta, GA, 30305

**Item 4. Purpose of Transaction**

Veradace originally acquired beneficial ownership of the Shares of the Issuer for investment purposesand filed a Schedule 13G on November 5, 2025 based on a passive investment intent.
Veradace evaluates on an ongoing basis its investment in the Issuer and its options with respect tosuch investment, and now believe that additional changes may be necessary for the Issuer tomaximize shareholder value. On April 8, 2026, Veradace shared its concerns with the Issuerregarding the Issuer's performance over the last several years, the shareholder opposition to the
KUBRA Data Transfer LTD acquisition, and the absence of any meaningful shareholder perspectiveon its board of directors (the "Board"). Veradace indicated its desire for two new shareholdersupporteddirectors to be added to the Board.
Veradace intends to continue to engage in dialogue with the Issuer regarding potential Boardcandidates and the opportunity for the Board to benefit from fresh perspectives with respect toinvestor credibility, capital allocation, and overall value maximization.
As noted above, Veradace intends to evaluate on an ongoing basis its investment in the Issuer andits options with respect to such investment. In connection with such evaluation, the Reporting
Persons may communicate publicly or privately with members of the Board and/or seniormanagement of the Issuer, other stockholders, knowledgeable industry or market observers, or otherthird parties with respect to this investment. As part of such evaluation and any such communications,the Reporting Persons may make recommendations, suggestions, or proposals to and may engage indiscussions with the Issuer or other third parties (including other stockholders) that may relate to orresult in one or more of the matters specified in clauses (a) through U) of Item 4 of Schedule 13D,including, but not limited to, changes in the composition of the Board, changes in the strategic direction and future plans of the Issuer and other opportunities involving the Issuer as a means ofenhancing shareholder value.
Except as set forth herein, none of the Reporting Persons has any plans or proposals that relate to orwould result in any of the transactions described in subparagraphs (a) through U) of Item 4 of
Schedule 13D. Depending on various factors, including the Issuer's financial position, prospects andstrategic direction, the outcome of the matters referenced above, other developments concerning the
Issuer, actions taken by the Board, price levels of the Shares, other investment opportunitiesavailable to the Reporting Persons, conditions in the securities markets and general economic andindustry conditions, the Reporting Persons may in the future take such actions with respect to theirinvestment in the Issuer as it deems appropriate, including, without limitation, (i) acquiring additionalsecurities of the Issuer in the open market or in privately negotiated transactions, (ii) disposing of allor a portion of its securities, and (iii) enter into hedging, derivative or other arrangements with respectto its economic exposure to the Issuer's securities. The Reporting Persons reserve the right tochange their views with respect to the Issuer and to take any action with respect to their investmentpermitted by law.

**Item 5. Interest in Securities of the Issuer**

**(a)**
The aggregate number and percentage of the class of securities identified pursuant to Item 1 beneficially owned by each Reporting Person as of the time of filing, is stated in Items 11 and 13 on the cover page(s) hereto.

**(b)**
The Reporting Persons may be deemed to share voting and dispositive power over 7,245,104Shares and options to acquire an additional 110,400 Shares, representing beneficial ownership of a combined total of 8.4 percent of the outstanding Shares.

**(c)**
The transactions effected by the Reporting Persons in the Shares during the past 60 days are set forth on Schedule A to this statement. Each of these transactions was executed through the open market.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

The information set forth in Item 4 above is incorporated by reference in its entirety in this Item 6. The Fund, through open market transactions between September 25, 2025 and November 4, 2025, purchased options to acquire 110,400 Shares and sold put options covering the same number of Shares. All of the Options are American-style and expire on June 30, 2026. The exercise prices for the Options are as set forth below:

Option                                                Exercise Price

110,400 Shares (Call)               $7.50 per Share

The Reporting Persons do not have any contract, arrangement, understanding or relationship with any person with respect to securities of the Issuer that is not described herein.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Veradace Capital Management LLC

**Signature:** /S/ Alexander Vezendan

**Name/Title:** Principal

**Date:** 04/15/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Veradace Partners LP

**Signature:** /S/ Alexander Vezendan

**Name/Title:** Principal

**Date:** 04/15/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Alexander Vezendan

**Signature:** /S/ Alexander Vezendan

**Name/Title:** Principal

**Date:** 04/15/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** John Conlin

**Signature:** /S/ John Conlin

**Name/Title:** Principal / Chief Compliance Officer

**Date:** 04/15/2026