Group 1 - RYVYL Inc. has regained compliance with Nasdaq's minimum bid price requirement, confirming a closing bid price of $1.00 or greater for ten consecutive business days from January 2, 2026, to January 15, 2026 [1][2] - The company has filed a Form S-4 registration statement with the U.S. Securities and Exchange Commission as part of the regulatory process for its anticipated merger with RTB Digital, Inc. [3] - All material conditions for the merger have been satisfied, pending SEC approval of the Form S-4 and customary closing conditions [4] Group 2 - RYVYL operates a digital payment processing business that enables global transactions and provides payment solutions for underserved markets [5] - Roundtable, the company merging with RYVYL, is a Web 3 digital media SaaS platform that offers decentralized publishing, commerce, and various services for media and journalism [6]

Core Viewpoint - RYVYL Inc. has taken significant steps to maintain compliance with Nasdaq listing requirements, including a proposed reverse stock split and an increase in authorized shares, following stockholder approval at the 2025 Annual Meeting [2][4][5]. Summary by Sections Stockholder Approval - Stockholders approved all proposals at the 2025 Annual Meeting, including a reverse stock split at a ratio between 1-for-20 to 1-for-50 and an increase in authorized shares from 100 million to 500 million [2][3]. Compliance with Nasdaq Requirements - RYVYL received a delisting notice from Nasdaq on December 11, 2025, due to non-compliance with the minimum bid price rule. The company believes the approved reverse stock split will resolve this issue [4][5]. - The company has already addressed stockholder equity issues through a merger with Roundtable, which has sufficient capital to meet Nasdaq's requirements [4][5]. Merger with Roundtable - RYVYL signed a definitive agreement to merge with Roundtable, a Web3-powered digital media platform, which had previously secured $33 million in financing [4][5]. - Roundtable's investment of $6.5 million in preferred stock increased RYVYL's stockholder equity, allowing the company to regain compliance with the Stockholder Equity Rule [4][5]. Timeline of Events - RYVYL received initial notices of non-compliance from Nasdaq in April and June 2025, with deadlines for compliance set for December 9, 2025 [4][5]. - The company rescheduled its 2025 Annual Meeting to allow more stockholders to participate in the vote on the reverse split [4][5]. Future Expectations - Following the reverse stock split and the merger with Roundtable, RYVYL expects to be in full compliance with Nasdaq listing requirements within 10 trading days [6].

Core Viewpoint - Roundtable is set to merge with RYVYL Inc., and a virtual Investor Event will be held to discuss the benefits of this transaction [1][2] Group 1: Merger Details - A definitive agreement has been signed between Roundtable and RYVYL, with the closing subject to shareholder approval and regulatory review [5] - Upon closing, James Heckman will become CEO, Walton Comer will be Chairman, and the company will be renamed RTB Digital, Inc. [8] Group 2: Strategic Advantages - The merger will highlight Roundtable's digital asset-powered liquidity pool, which offers a competitive edge for its Web3 SaaS platform [2] - Roundtable's Web3 media platform generates revenue through partnerships with major entities like Yahoo and TheStreet, reaching millions of consumers [3] Group 3: Technological Features - The company utilizes advanced blockchain features such as decentralized reporting and encrypted data storage, enhancing its operational capabilities [4]

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]

Group 1: Market Overview - The S&P 500 experienced a decline on the last day of September, following a surprisingly strong month, amidst ongoing government shutdown and market uncertainty [1] - The current economic direction remains unpredictable due to various unknown variables [1] Group 2: Investment Opportunities in European Stocks - ASML Holding (Netherlands) is recognized as a leader in semiconductor manufacturing, with expectations for earnings per share to increase by 6% annually in 2026 and 21% in 2027 [4] - Siemens Energy (Germany) is positioned strongly in the renewable energy sector, focusing on decarbonization and infrastructure improvements, with a solid solvency position [5] - LVMH (France) maintains a strong presence in the luxury goods market, benefiting from robust international demand and a recent price target increase by Goldman Sachs ahead of its third-quarter earnings report [6] - Adyen (Netherlands) is a rapidly growing digital payment processor, with recent research indicating stabilization despite negative investor sentiment [7]

Core Points - RYVYL Inc. has rescheduled its 2025 Annual Meeting of Stockholders to December 15, 2025, from the original date of October 30, 2025 [1] - The record date for stockholders entitled to vote at the meeting is set for October 31, 2025, allowing new shareholders to participate following the announcement of a merger with RTB Digital, Inc. [2] - RYVYL's shares have seen over 450 million shares of trading activity since the merger announcement, indicating significant shareholder interest [2] Company Overview - RYVYL Inc. operates a digital payment processing business that provides solutions for underserved markets, focusing on security, data privacy, and rapid settlement [6] - The company has developed an end-to-end suite of financial products, enhancing user experience and security [6] Merger Details - RYVYL is merging with RTB Digital, a Web3 digital media SaaS technology company, which has recently invested $5 million in RYVYL after raising $33 million for the combined businesses [4] - Roundtable operates a fully funded enterprise-SaaS platform and has partnerships with major media brands, generating significant revenue through Web3-based engagement [4] - The merger aims to leverage advanced blockchain technology for decentralized reporting, security, and content management [4][5]