Repay Holdings Corp (NASDAQ:RPAY) shares are trading lower by 11.9% to $9.00 during Wednesday's session after the company announced the launch of a convertible notes offering of $260 million aggregate principal amount of its convertible senior notes due 2029.

Alongside the convertible senior notes due 2029 comes an additional option for initial purchasers to buy up to $27.5 million more within 13 days of issuance. The proceeds will be used to fund capped call transactions, repurchase some of its 2026 convertible senior notes and shares of its Class A common stock and for general corporate purposes.

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How To Buy RPAY Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Repay Holdings' case, it is in the Financials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.According to data from Benzinga Pro,

RPAY has a 52-week high of $11.26 and a 52-week low of $5.63.