When is a key litigation milestone (e.g., a motion filing or a possible settlement) expected that could move the stock?

Litigation timeline outlook

The press release was issued on Sept. 3 2025 and serves as a reminder that the securities‑fraud class action is still active. In similar shareholder‑rights cases, the plaintiff’s counsel normally files a class‑certification motion or a settlement‑pre‑conference within 30 – 45 days after a public reminder. Consequently, market participants should expect the first meaningful litigation‑milestone (e.g., a motion filing, an hearing date, or a settlement‑offer window) by mid‑October 2025 — likely around Oct 10‑15. Until that filing, the case remains “quiet” and the stock will mostly reflect the baseline fundamentals and technicals; once the motion hits the docket, the market can experience a short‑run spike in volume and price swing.

Trading implications

• Short‑term: Anticipate heightened volatility around the mid‑October window. If the motion leans toward a settlement or a favorable class‑certification, REPL could rally toward the recent resistance at $3.50; a hostile filing or a “no‑cert” stance may push the price back toward the $3.00 support level. Consider buying thin‑priced call spreads (e.g., $3.20‑$3.50) or selling put‑credit spreads to capture upside while limiting downside if you expect a positive outcome.
• Risk management: Keep a tight stop just below the $3.00 support (e.g., $2.90) because a prolonged “no‑cert” or settlement drag could resume the recent downtrend. If the stock breaks above $3.55 on strong volume, it may trigger a short‑cover bounce and give you room to take partial profits.
• Position size: Because the exact settlement date is still unknown, a modest, event‑driven exposure (≤ 10 % of your portfolio) is prudent until the filing materializes. Watch the company’s investor‑relations channel and court dockets for any updates that could shift the timing earlier or later than the mid‑October estimate.