RYVYL Announces 1-for-35 Reverse Stock Split of Common Stock

Core Viewpoint - RYVYL Inc. has announced a 1-for-35 reverse stock split to increase the market price per share of its common stock, ensuring compliance with Nasdaq listing requirements and making investments more attractive to investors [2][3]. Group 1: Reverse Stock Split Details - The reverse stock split will be legally effective on January 1, 2026, with trading on a split-adjusted basis starting January 2, 2026, under the existing symbol "RVYL" [3]. - Every 35 shares of common stock will be automatically reclassified into one new share, while the par value per share remains unchanged at $0.001 [3]. - No fractional shares will be issued; any resulting fractional shares will be rounded up to the nearest whole share [4]. Group 2: Shareholder Impact - Stockholders with shares in brokerage accounts will have their positions automatically adjusted without needing to take any action [5]. - Registered stockholders holding pre-split shares electronically will also not need to take any action to receive post-split shares [5]. Group 3: Company Overview - RYVYL Inc. operates in the digital payment processing sector, providing solutions for underserved markets and enabling global transactions [6]. - The company has developed a suite of financial products with enhanced security, data privacy, and rapid settlement capabilities [6].