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RYVYL and Roundtable Announce Public Filing of Registration Statement on Form S-4 and Proxy Statement/Prospectus in Connection with Proposed Merger
Globenewswire· 2026-01-15 20:21
Core Viewpoint - RYVYL Inc. has filed a proxy and registration statement on Form S-4 with the SEC for the proposed acquisition of RTB Digital, Inc., focusing on Roundtable's ad revenue-generating Web3 media platform [1][2]. Group 1: Acquisition Details - The transaction aims to shift RYVYL's operations towards Roundtable's transformative media platform [1]. - The expected closing date for the transaction is in the third quarter of 2026 [2]. Group 2: Regulatory Information - The registration statement has not yet become effective, and the final proxy statement/prospectus will be mailed to stockholders once it is declared effective by the SEC [2][4]. - Investors are encouraged to read the joint proxy statement/prospectus and other related documents carefully for important information about the proposed transaction [4]. Group 3: Company Profiles - RYVYL Inc. operates a digital payment processing business, providing solutions for underserved markets with enhanced security and rapid settlement [8]. - Roundtable (RTB Digital, Inc.) is a Web3 digital media SaaS platform that offers distribution, community, publishing, and monetization services for media brands and journalists [9].
RYVYL Announces 1-for-35 Reverse Stock Split of Common Stock
Globenewswire· 2025-12-30 12:00
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].
Court Provisionally Approves Settlement of RYVYL Derivative Litigation
Globenewswire· 2025-11-21 21:05
Core Viewpoint - RYVYL Inc. has received provisional approval for a derivative settlement related to lawsuits against its current and former officers and directors, with a final settlement hearing scheduled [1]. Group 1: Legal Proceedings - On November 14, 2025, District Judge Gonzalo P. Curiel granted provisional approval of the derivative settlement in the case "Christy Hertel, derivatively on behalf of RYVYL Inc. v. Ben Errez et. al." [1] - The derivative lawsuit was filed on June 22, 2023, against certain current and/or former officers and directors of RYVYL [1]. - The proposed settlement also resolves related derivative litigation pending in the Eighth Judicial District Court in Clark County, Nevada [1]. Group 2: Regulatory Filings - The Notice of Proposed Settlement and the Stipulation and Agreement of Settlement have been filed with the U.S. Securities and Exchange Commission as exhibits to the Company's Form 8-K dated November 21, 2025 [2]. - These documents are accessible on the Company's website under Reports & Filings [2]. Group 3: Company Overview - RYVYL Inc. operates a digital payment processing business that enables global transactions and provides payment solutions for underserved markets [3]. - The company has developed applications that offer an end-to-end suite of turnkey financial products, emphasizing enhanced security, data privacy, identity theft protection, and rapid speed to settlement [3].