RYVYL Inc. (RVYL): Nasdaq/NYSE listing notice — RYVYL gets Nasdaq bid-price notice, replaces director, gets SPA release, signs LOI for acquisition pending $100M raise

RYVYL Inc.

Nasdaq notified RYVYL its bid price closed below $1.00 for 30 days; must cure by Dec 9, 2025.
Company also noncompliant on $2.5M equity test ($1.5M negative equity) but compliance plan accepted.
Director David Montoya resigned June 10; Brett Moyer (Datavault AI CFO) appointed to board and committees.
Purchaser released RYVYL from $16.5M damages obligation related to sale of Ryvyl EU subsidiary.
Signed non-binding LOI to acquire complementary tech/digital assets; needs $100M raise, shareholder approval, reverse split.

item 3.01 item 5.02 item 7.01 item 8.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Brett Moyer

Director

RVYL · RYVYL Inc.

Effective: 2025-06-12
Filed: June 13, 2025, 7:59 PM ET

On June 12, 2025, the Board appointed Brett Moyer as a director of the Company and member of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee to fill the vacancies created by Mr. Montoya’s resignation.

Departed

David Montoya

Director

RVYL · RYVYL Inc.

Effective: 2025-06-10
Successor: Brett Moyer
Filed: June 13, 2025, 7:59 PM ET

Effective June 10, 2025, David Montoya resigned as a member of the Board of Directors, including all committee appointments, of RYVYL Inc.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 1.0

RYVYL Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

June 12, 2025, RYVYL Inc., a Nevada corporation (the “Company”), received a notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that, because the closing bid price for its common stock has fallen below $1.00 per share for 30 consecutive business days, the Company no longer complies with the minimum bid price requirement for continued listing on the Nasdaq Global Market under Nasdaq Lising Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). Nasdaq’s notice has no immediate effect on the listing of the Company’s common stock on th

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Brett Moyer was appointed as Director at RYVYL Inc..

Action: appointed
Role: Director

Exact text from the filing

On June 12, 2025, the Board appointed Brett Moyer as a director of the Company and member of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee to fill the vacancies created by Mr. Montoya’s resignation.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

David Montoya resigned as Director at RYVYL Inc..

Action: resigned
Role: Director

Exact text from the filing

Effective June 10, 2025, David Montoya resigned as a member of the Board of Directors, including all committee appointments, of RYVYL Inc.

View on SEC.gov

20 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

RYVYL Inc. filing history →

Source: SEC EDGAR

accession 0001185185-25-000638

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