Cracked in several places on the screen
Sorry to hear that about your Kobo Arc, Jake.
It can be repaired, yes. But you'd need to use special tools. Not to mention you have to find a replacement screen first. In cases like this it's often better to leave it to the professionals.
With that said, your best option might be to just count this as a loss because there's a high chance that a repair would be almost as expensive as buying a new device completely.
Only consider going the repair route if you can somehow do it under manufacturer or store warranty.