debt
confidence high
sentiment neutral
materiality 0.50
RYVYL extends convertible note repayment obligation to April 2026 via forbearance agreement
RYVYL Inc.
- Entered forbearance agreement extending noteholder repayment forbearance from April 5, 2025 to April 5, 2026.
- Made $80,000 advance payment toward the next $380,000 interest payment due October 1, 2024.
- Outstanding principal on the 8% convertible note remains $19.1 million; other terms unchanged.
- Company intends to repay the entire principal on or before April 5, 2026.