---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-23-000943"
form_type: "8-K"
ticker: "RVYL"
cik: "0001419275"
company_name: "RYVYL Inc."
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:19:11.740697+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# RYVYL announces 1-for-10 reverse stock split to maintain Nasdaq compliance

## Summary
- Reverse split reduces outstanding shares from ~52.4M to ~5.24M, effective Sept 6, 2023.
- Trading on adjusted basis begins Sept 7, 2023 under same ticker RVYL.
- Split aims to lift bid price above $1.00 to comply with Nasdaq Listing Rule 5550(a)(2).
- No fractional shares issued; rounding up to nearest whole share.
- Stockholder approval not required under Nevada Revised Statutes Section 78.207.

## SEC filing metadata
- accession: 0001185185-23-000943
- form_type: 8-K
- ticker: RVYL
- cik: 0001419275
- company_name: RYVYL Inc.
- filed_at: 2023-09-06T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.03, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419275/000118518523000943/0001185185-23-000943-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419275/000118518523000943/ryvyl20230906_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-23-000943
- JSON: https://secwatch.observer/filing/0001185185-23-000943.json
- Plain text: https://secwatch.observer/filing/0001185185-23-000943.txt

## Key facts
- Governance Changes
  RYVYL Inc.: Approved a 1-for-10 reverse stock split and filed a Certificate of Change with the Nevada Secretary of State (effective 2023-09-06).
  - Change: charter amendment
  - Effective: 2023-09-06
  source text: The board of directors (“Board”) of RYVYL Inc., a Nevada corporation (the “Company”), approved a reverse stock split of the Company’s authorized, issued and outstanding shares of common stock, par value $0.001 per share (“Common Stock”), at a ratio of 1-for-10 (the “Reverse Stock Split”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1419275/000118518523000943/0001185185-23-000943-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.