{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-23-000206","form_type":"8-K","ticker":"RVYL","cik":"0001419275","company_name":"RYVYL Inc.","filed_at":"2023-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.863766+00:00","generated_at":"2026-06-18T03:03:41.984564+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"RYVYL appoints Mary Lay Hoitt as Interim CFO replacing J. Drew Byelick","bullets":["Mary Lay Hoitt appointed Interim CFO effective March 9, replacing J. Drew Byelick who resigned.","Hoitt is a partner at SeatonHill; RYVYL will pay SeatonHill $51,500 per month.","Hoitt has experience with financial restatements and raising over $50M in PIPE financing.","Company is in the process of restating previously issued financial statements and filing 2022 annual report."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-23-000206","json":"https://secwatch.observer/filing/0001185185-23-000206.json","markdown":"https://secwatch.observer/filing/0001185185-23-000206.md","text":"https://secwatch.observer/filing/0001185185-23-000206.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1419275/000118518523000206/0001185185-23-000206-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1419275/000118518523000206/ryvyl20230313_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T03:03:41.984564+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"172daf1a0d","claim":"Mary Lay Hoitt was appointed as Interim Chief Financial Officer at RYVYL Inc..","evidence_excerpt":"On March 8, 2023, RYVYL Inc. (the “Company”) appointed Mary Lay Hoitt as the Company’s Interim Chief Financial Officer, effective as of March 9th.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1419275/000118518523000206/0001185185-23-000206-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}