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RYVYL Announces Stockholder Approval of Annual Meeting Proposals; Reverse Stock Split Process Commences to Remedy Nasdaq Delisting Notice
Globenewswire· 2025-12-17 22:04
Summary of Steps Taken to Maintain Listing Compliance SAN DIEGO, CA, Dec. 17, 2025 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) (“RYVYL” or the “Company”) today announced that stockholders approved all of the proposals presented at the Company's 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”) held on December 15, 2025, including the approval of the proposed reverse stock split of the Company’s outstanding common stock at a ratio between 1-for 20 to 1-for-50 shares, as well as an increase i ...
RYVYL Announces Updated Shareholder Meeting, In Light of Anticipated Roundtable Merger to Address New Shareholders
Globenewswire· 2025-10-29 21:53
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]