{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-25-001226","form_type":"8-K","ticker":"RVYL","cik":"0001419275","company_name":"RYVYL Inc.","filed_at":"2025-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.945373+00:00","generated_at":"2026-05-17T06:14:02.947673+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"RYVYL completes sale of Ryvyl EU for $16.1M; records estimated $6.7M loss","bullets":["Sale of Ryvyl EU completed; total consideration $16.1M ($15M note payable plus $1.1M accrued interest).","Estimated pre-tax loss on sale of $6.7M (net assets sold of $22.8M vs. consideration $16.1M).","Ryvyl EU classified as discontinued ops; pro forma Q1 2025 revenue drops from $15.1M to $2.8M.","Pro forma net loss for Q1 2025 increases to $5.9M (from $2.8M reported).","For FY2024, pro forma net loss rises to $35.1M from $26.8M reported."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-25-001226","json":"https://secwatch.observer/filing/0001185185-25-001226.json","markdown":"https://secwatch.observer/filing/0001185185-25-001226.md","text":"https://secwatch.observer/filing/0001185185-25-001226.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1419275/000118518525001226/0001185185-25-001226-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1419275/000118518525001226/rvyl8k091825.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:14:02.947673+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":[{"claim_id":"c9dfc2858cc7b477be0256828c6c28ea21941a4f","claim":"RYVYL Inc. completed a disposition involving Purchaser for $15,000,000.","evidence_excerpt":"Shares”) of Ryvyl EU, by Transact Europe Holdings EOOD, the Company’s wholly owned subsidiary, also domiciled in Bulgaria (“Transact Europe”) for an aggregate purchase price of $15,000,000. As also reported in the January 2025 Form 8-K, on January 23, 2025, the Company, Transact Europe and the Purchaser also entered into a Termination Agreement (the “Termination","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1419275/000118518525001226/0001185185-25-001226-index.htm","confidence":0.4,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Purchaser"},{"label":"Consideration","value":"$15,000,000"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}