UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT For the transition period from to Commission file number: 001-34294 RYVYL INC. (Exact name of small business issuer as specified in its charter) Nevada 22-3962936 (State or other jurisdiction of inco ...

SAN DIEGO, CA, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Roundtable (the “Company”) CEO James Heckman today announced that ahead of Roundtable’s expected merger with RYVYL Inc. (NASDAQ: RVYL), the Company will host a virtual Investor Event on Thursday, November 20, 2025, at 1:00 PM ET to highlight for investors the key benefits of the proposed transaction. The webinar will feature a presentation review by Heckman and members of the Roundtable senior management team, detailing the significant strategic and technolog ...

Core Insights - Roundtable and RYVYL Inc. are merging, with Aly Madhavji appointed as Chief Financial Officer (CFO) to leverage his extensive blockchain investment experience and traditional finance background [1][2][4] - The merger aims to enhance Roundtable's position in the Web3 media industry, providing publishers with real-time revenue, transparent reporting, and control over their data [6][12] Company Overview - Roundtable is a Web3 digital media SaaS platform that offers distribution, community, publishing, and monetization solutions for professional media brands [12] - RYVYL Inc. operates a global digital payment processing business, focusing on underserved markets and providing a suite of secure financial products [13] Leadership Team - The leadership team includes James Heckman as CEO, Eyal Hertzog as co-founder and architect of the "DeWeb" platform, and Bill Sornsin as COO, all bringing extensive experience in technology and media [7][8][9] - Aly Madhavji's credentials include being a licensed Chartered Accountant and holding advanced degrees from Tsinghua University and INSEAD, along with a significant network in the blockchain investment community [4][3] Merger Details - A definitive agreement has been signed between RYVYL and Roundtable, pending shareholder approval and regulatory review [12][15] - Post-merger, the company will be named RTB Digital, Inc., and will have a seven-member board led by Walton Comer [15]

SAN DIEGO, CA, Oct. 29, 2025 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company") today announced that it has rescheduled its 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”), previously scheduled to be held at 4:00 PM (Pacific Time) on Thursday, October 30, 2025, to a new date of Monday, December 15, 2025. The Company intends to set a record date for a determination of stockholders entitled to notice and to vote at the 2025 Annual Meeting of October 31, 2025. The new rec ...

Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by officers and directors of Ryvyl Inc., urging shareholders to contact the firm to discuss their rights and possible legal actions [1][2]. Group 1: Shareholder Rights and Legal Options - Shareholders who acquired Ryvyl stock on or before May 13, 2021, may seek corporate governance reforms, return of funds, court-approved financial incentives, or other benefits [2]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees [2]. Group 2: Importance of Shareholder Participation - Active shareholder involvement can lead to improved company policies, practices, and oversight, ultimately enhancing shareholder value [3]. Group 3: Firm's Background and Experience - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having successfully implemented corporate reforms and recovered millions for defrauded investors [4].

Core Insights - The upcoming merger between Roundtable and fintech firm RYVYL Inc. is seen as a pivotal moment for blockchain in the media sector, emphasizing real operational utility over speculative token investments [1][2] - Roundtable's $75 million merger with RYVYL is positioned to differentiate genuine innovation from the recent influx of crypto treasury companies attempting to go public [2][4] Company Developments - Roundtable has successfully achieved NASDAQ's required shareholder equity threshold, alleviating delisting risks for RYVYL ahead of the merger [4][5] - A direct, fully funded equity investment from Roundtable into RYVYL was made to bolster the fintech firm's balance sheet prior to the merger's completion [5][6] - The merger is part of Roundtable's strategy to redefine the potential of a blockchain-powered media company [6][7] Industry Context - There has been significant activity among crypto and treasury companies attempting to go public on NASDAQ, but many have faced challenges, including delisting [3][4] - The SEC has been cautious in approving mergers that do not involve actual operating companies, which has impacted the market dynamics for smaller cap companies [4][6]

Core Insights - RYVYL has met the required shareholder equity threshold, alleviating delisting risks ahead of its merger with Roundtable [1][2] - A planned 15:1 reverse stock split is set for shareholder approval on October 30, 2025, to comply with NASDAQ's minimum share price requirement [3] - Roundtable operates a fully funded enterprise-SaaS platform, distinguishing itself from typical crypto-treasury mergers [4][5] Company Developments - Roundtable's capital investment has strengthened RYVYL's balance sheet, ensuring NASDAQ compliance [2] - The merger between Roundtable and RYVYL is subject to shareholder approval and regulatory review [17] - James Heckman will become CEO of the combined entity, with Walton Comer as Chairman [21] Platform and Technology - Roundtable's "DeWeb" platform aims to restore IP and financial control for media companies, addressing challenges posed by AI and opaque revenue reporting [6][7] - The platform utilizes a Bitcoin-powered liquidity pool, enhancing financial control for partners and journalists [5][10] - Roundtable's founders have extensive experience in digital media and blockchain, positioning the company as a leader in the Web3 media space [9][11][12] Market Position - Roundtable's platform is designed for professional media brands and content creators, offering transparent reporting and self-payment capabilities [10][11] - The company has established partnerships with major media brands, generating significant Web3 revenue [4] - The merger is expected to create a large-scale, blockchain-based media platform, enhancing competitive advantages in the industry [17][18]

Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the merger between RYVYL Inc. and RTB Digital, Inc. for RYVYL shareholders [1] Company Summary - Upon the closing of the proposed transaction, RYVYL shareholders will own approximately 15.15% of the combined company [1]

Core Points - Class Action Attorney Juan Monteverde's firm, Monteverde & Associates PC, has successfully recovered millions for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report [1] - The firm is currently investigating Ryvyl Inc. (NASDAQ: RVYL) regarding its proposed sale to RTB Digital, Inc., which involves converting all classes of RTB stock into Ryvyl common stock based on a calculated exchange ratio [1] Company Overview - Monteverde & Associates PC is headquartered in the Empire State Building, New York City, and is a national class action securities firm with a strong track record in trial and appellate courts, including the U.S. Supreme Court [2] - The firm emphasizes that not all law firms are equal and encourages potential clients to inquire about their past recoveries and case successes [2][4] Legal Context - The investigation into Ryvyl Inc. raises questions about the fairness of the proposed transaction with RTB Digital, Inc., indicating potential legal implications for shareholders [1]

Core Insights - Recent market movements have highlighted significant price changes in several companies, attracting investor attention Company Summaries - **Palisade Bio, Inc. (PALI)**: Experienced an 83.77% price surge to $1.57, supported by a trading volume of 143,677,281. The company raised $120 million through an upsized underwritten public offering, selling 171 million shares at $0.70 each, to advance its novel therapeutics for autoimmune, inflammatory, and fibrotic diseases [1][6] - **Ouster, Inc. (OUSTZ)**: Saw a 76.55% price increase to $0.09, with a volume of 150,580. This reflects growing confidence in Ouster's high-resolution lidar technology, which serves various industries including automotive and robotics [2][6] - **Ryvyl Inc. (RVYL)**: Formerly known as GreenBox POS, experienced a 72.64% price jump to $0.511, supported by a substantial volume of 231,813,941. The company focuses on blockchain-based payment solutions, showcasing resilience and innovation in the technology sector [3] - **Klotho Neurosciences, Inc. (KLTOW)**: Saw a 50.11% price increase to $0.14, with a volume of 134,508. The company is advancing gene therapy product candidates, and its ALS therapy received Orphan Drug Designation from the U.S. FDA, contributing to a rise in shares [4] Industry Overview - The top gainers reflect diverse industries, including biotechnology, healthcare, technology, and financial services, underscoring the dynamic nature of the market and varied investment opportunities [5]