{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-25-000409","form_type":"8-K","ticker":"RVYL","cik":"0001419275","company_name":"RYVYL Inc.","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.238237+00:00","generated_at":"2026-05-22T03:47:33.462162+00:00","sec_items":["1.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"RYVYL loses right to terminate sale of Ryvyl EU; purchaser may close after May 16","bullets":["Company had right to terminate SPA by paying $16.5M by Apr 23 (extendable to May 23 for $500k); did not exercise.","Modification Agreement set standstill until May 6, extendable to May 27 for $750k; company did not extend.","On May 7, purchaser notified company termination right expired and standstill period ended.","Purchaser will not close for 10 days until May 16; parties remain in conversation.","Under SPA, sale of Ryvyl EU shares for $15M could still proceed if purchaser chooses to close."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-25-000409","json":"https://secwatch.observer/filing/0001185185-25-000409.json","markdown":"https://secwatch.observer/filing/0001185185-25-000409.md","text":"https://secwatch.observer/filing/0001185185-25-000409.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1419275/000118518525000409/0001185185-25-000409-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1419275/000118518525000409/rvyl8k050725.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T03:47:33.462162+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"}