{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-25-000039","form_type":"8-K","ticker":"RVYL","cik":"0001419275","company_name":"RYVYL Inc.","filed_at":"2025-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.582544+00:00","generated_at":"2026-05-27T10:43:28.921518+00:00","sec_items":["1.01","2.04","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"RYVYL retires $17M convertible note and Series B preferred, sells EU subsidiary for $15M to fund first $13M payment","bullets":["Aggregate $17M payment retires all outstanding 8% Senior Convertible Note and Series B Convertible Preferred stock.","First $13M tranche due Jan 27 (extendable to Feb 3) redeems preferred; remaining $4M note due April 30, 2025.","Funded by sale of Ryvyl EU subsidiary to unnamed purchaser for $15M; $13M used for first payment.","Company can terminate subsidiary sale by paying $16.5M to purchaser by April 23 (or May 23 with $500K fee).","If sale closes, company eliminates $17M debt/preferred but loses subsidiary."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-25-000039","json":"https://secwatch.observer/filing/0001185185-25-000039.json","markdown":"https://secwatch.observer/filing/0001185185-25-000039.md","text":"https://secwatch.observer/filing/0001185185-25-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1419275/000118518525000039/0001185185-25-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1419275/000118518525000039/ryvyl20250123_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T10:43:28.921518+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}