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RYVYL Announces Stockholder Approval of Annual Meeting Proposals; Reverse Stock Split Process Commences to Remedy Nasdaq Delisting Notice
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
About this update from Rtb Digital, Inc.
[{"type":"text","content":"Summary of Steps Taken to Maintain Listing Compliance ","length":53,"tagName":"p"},{"type":"text","content":"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 in the number of authorized shares of the Company’s common stock from 100,000,000 to 500,000,000. Following such split and assuming the consummation of the transaction described below, the Company believes it will be in full compliance with The Nasdaq Stock Market LLC (“Nasdaq”) listing requirements.","length":761,"tagName":"p"},{"type":"text","content":"Other proposals approved by stockholders at the 2025 Annual Meeting include the election of directors and the ratification of the Company’s independent registered public accounting firm.","length":186,"tagName":"p"},{"type":"text","content":"Delisting Notice, Remedy Steps and Process ","length":42,"tagName":"p"},{"type":"text","content":"On December 11, 2025, the Company received a Staff Delisting Determination letter from Nasdaq regarding non-compliance with the minimum bid price rule under Nasdaq Listing Rule 5550(a)(2). The Company believes the reverse split approved by the stockholders will address the bid price deficiency, and the Company has already addressed the stockholder equity issue for continued listings (see press release here). As previously announced, RTB Digital, Inc. (“Roundtable”), which is scheduled to merge with RYVYL, has sufficient capital to meet any stockholder equity requirements. Additionally, on December 17, 2025, Company filed the required appeal to the Nasdaq Hearings Panel, which we expect will return the Company to full compliance with Nasdaq listing requirements in the coming weeks.","length":791,"tagName":"p"},{"type":"text","content":"“Today’s stockholder approval reflects the strong support from our stockholders for the actions associated with the Roundtable merger and their continued support along the way,” said George Oliva, Interim Chief Executive Officer and Chief Financial Officer ...