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Not only does Kobo not cover impact damage on their warranty, but the process of repair (opening the device up, changing screen, etc) would void any warranty that was left. You'll find that even if you do find a way to repair it it's unlikely to be cost-effective, unless you do it yourself (and even then, you could question the value, but YMMV). Maybe you could find a way to afford a secondhand Glo instead? Invest any available spare money in a good protective cover.
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