---
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"
generated_at: "2026-05-27T10:43:28.921518+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# RYVYL retires $17M convertible note and Series B preferred, sells EU subsidiary for $15M to fund first $13M payment

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.04, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-25-000039
- JSON: https://secwatch.observer/filing/0001185185-25-000039.json
- Plain text: https://secwatch.observer/filing/0001185185-25-000039.txt

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