Ryvyl (US:RVYL)2026-03-18 21:02Summary of Ryvyl Inc. Special Meeting Company Overview - Company: Ryvyl Inc. (NasdaqCM: RVYL) - Event: Special Meeting of Stockholders - Date: March 18, 2026 Key Points Merger Proposal - The primary agenda of the meeting was to vote on a proposed merger transaction with RTB Digital, Inc. and related matters as outlined in the definitive proxy statement filed with the SEC [2][6] - The merger agreement was dated September 28, 2025, and had been amended [7] Voting Results - As of the meeting, approximately 43% of the shares entitled to vote had been cast, which did not meet the required 50% plus one vote for approval of the merger [6] - Among the votes cast, approximately 99% were in favor of the merger [7] Meeting Adjournment - Due to the insufficient votes for approval, the meeting was adjourned to allow additional time for shareholders to submit their votes [7] - The meeting will remain open until March 25, 2026, at 4:00 PM Eastern Time [8] Shareholder Participation - The record date for eligible voters was set as February 6, 2026, with a total of 1,266,631 shares of common stock and 50,000 shares of Series C preferred stock outstanding [5] - The Series C preferred stock was entitled to vote equivalent to 205,775 shares [5] Management and Board Involvement - George Oliva served as the Interim CEO, CFO, and Director, leading the meeting [2] - Other board members present included Brett Moyer, Gene Jones, and Todd Browndorf, each serving on various committees [3] Communication and Transparency - The company committed to filing a press release and a current report on Form 8-K with the SEC to announce the new meeting date and time [8] - Shareholders were instructed on how to change their votes and attend the virtual meeting [8] Additional Notes - The meeting was conducted virtually to facilitate global participation [2] - The presence of outside counsel and an election inspector was noted, ensuring compliance with corporate law and SEC requirements [4]