secwatch.observer — SEC 8-K summary
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Issuer:     RYVYL Inc. (RVYL)
CIK:        0001419275
Form:       8-K
Filed at:   2022-12-09T23:59:59+00:00
Accession:  0001185185-22-001399
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RYVYL receives Nasdaq deficiency notice for minimum bid price non-compliance
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- Nasdaq letter dated Dec 5, 2022; closing bid below $1.00 for 30 consecutive business days.
- Company has 180 days (until June 5, 2023) to regain compliance with Minimum Bid Requirement.
- To cure, RVYL stock must close at or above $1.00 for at least 10 consecutive trading days.
- If not compliant by June 5, 2023, Company may seek second 180-day period or face delisting.
- No immediate impact on listing; RVYL shares continue trading on Nasdaq; reverse split not under consideration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419275/000118518522001399/0001185185-22-001399-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419275/000118518522001399/ryvyl20221208_8k.htm
  HTML page:      https://secwatch.observer/filing/0001185185-22-001399

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