Core Viewpoint - RYVYL's largest shareholder, Roundtable, has increased its investment to $6.5 million and supported key proposals to ensure compliance with Nasdaq ahead of a merger [1][4] Shareholder Voting Outcomes - Over 90% of shareholder voters agreed to increase the share price to maintain Nasdaq listing, which is deemed critical for shareholder value and the merger [2] - Shareholders approved a reverse stock split of the Company's outstanding common stock at a ratio between 1-for-20 and 1-for-50 shares [2][3] - The exact ratio for the reverse stock split will be determined by RYVYL's board based on market conditions and shareholder analysis [3] Authorized Share Increase - Shareholders approved an increase in the number of authorized shares from 100,000,000 to 500,000,000 [3]
Roundtable joins RYVYL shareholders’ reverse split approval, increases equity to secure Nasdaq listing ahead of merger
Yahoo Finance·2025-12-18 21:43