{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-25-001369","form_type":"8-K","ticker":"RVYL","cik":"0001419275","company_name":"RYVYL Inc.","filed_at":"2025-10-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.363380+00:00","generated_at":"2026-05-17T04:55:15.144973+00:00","sec_items":["1.01","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"RYVYL merges with RTB Digital in ~$75M stock deal; RTB shareholders to own 84.85% of combined firm","bullets":["RTB stockholders get RYVYL shares; combined company 84.85% owned by former RTB holders, 15.15% by current RYVYL.","Company renamed RTB Digital, Inc.; board expanded to 7, with 6 members from RTB and Brett Moyer.","George Oliva to serve as EVP Finance/CAO with $375K salary, $225K retention bonus, and 2% fully diluted equity.","Company must seek amendment of warrants to avoid cash payments; failure allows RTB to terminate.","Closing conditions: stockholder approval, Nasdaq listing, and resolution of SEC and derivative proceedings."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-25-001369","json":"https://secwatch.observer/filing/0001185185-25-001369.json","markdown":"https://secwatch.observer/filing/0001185185-25-001369.md","text":"https://secwatch.observer/filing/0001185185-25-001369.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1419275/000118518525001369/0001185185-25-001369-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1419275/000118518525001369/rvyl8k425100125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:55:15.144973+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"}