Group 1 - Roundtable CEO James Heckman announced that merger partner RYVYL Inc. received formal notice from NASDAQ confirming compliance with Listing Rule 5550(a)(2) [1] - Following a recent reverse split, RYVYL's share price exceeded the necessary threshold to resolve compliance issues, aided by Roundtable's investment meeting shareholder equity requirements [1] - The companies filed a Form S-4 registration statement with the SEC, initiating the review process that requires shareholder approval, expected to conclude in late Q1 [2] Group 2 - The regulatory milestones achieved facilitate the completion of the merger and NASDAQ listing, aimed at transitioning major media brands to Roundtable's Web3-native media operating system [3] - Roundtable operates as a Web3 digital media SaaS platform, offering decentralized publishing, commerce, data syndication, network distribution, ad sales, and community platforms for major media and professional journalist brands [4] - RYVYL stated that the NASDAQ compliance determination did not alter its capital structure or shareholder equity, with all material conditions for the merger met except for SEC approval of the Form S-4 [5]

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].

Core Insights - RYVYL Inc. is advancing its merger with Roundtable, which has formed a strategic partnership with The Hockey News and expanded its journalist network to over 150 former Sports Illustrated professionals [1][2][3] Group 1: Strategic Partnerships - Roundtable has signed a 10-year strategic partnership with The Hockey News, involving a $15 million title sponsorship commitment [2] - Graeme Roustan, CEO of The Hockey News, will join Roundtable's board of directors, maintaining his position post-merger with RYVYL [2] Group 2: Journalist Network Expansion - Following the initial announcement in September 2025, Roundtable has onboarded an additional 50 former Sports Illustrated journalists, increasing the total to over 150 [3] - Notable additions include Mike Fisher, a Dallas Cowboys NFL insider, who previously generated over $4 million in annualized revenue for Sports Illustrated [3] Group 3: Management Commentary - The CEO of Roundtable emphasized the importance of owning audience relationships and controlling distribution, highlighting the value of their Web3-native solution for independent sports content creators [4] Group 4: Planned Transaction - RYVYL expects to complete its merger with Roundtable in the third quarter of 2026, pending regulatory approval [5]

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]