secwatch.observer — SEC 8-K summary
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Issuer:     RYVYL Inc. (RVYL)
CIK:        0001419275
Form:       8-K
Filed at:   2024-05-20T23:59:59+00:00
Accession:  0001185185-24-000558
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RYVYL extends convertible note repayment obligation to April 2026 via forbearance agreement
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419275/000118518524000558/0001185185-24-000558-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419275/000118518524000558/ryvyl20240517_8k.htm
  HTML page:      https://secwatch.observer/filing/0001185185-24-000558

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