Extracted from this filing and checked against the source text.
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
RYVYL Inc. issued 50,000 shares of Series C Convertible Preferred Stock of preferred stock to the Investors named in the Purchase Agreement for $0.40 per share for gross proceeds of up to $5,000,000.
- Security
- preferred stock
- Shares
- 50,000 shares of Series C Convertible Preferred Stock
- Purchaser
- the Investors named in the Purchase Agreement
- Consideration
- $0.40 per share for gross proceeds of up to $5,000,000
Exact text from the filing
the Company sold an aggregate of 50,000 shares of its Series C convertible preferred stock, par value $0.001 per share (the “Series C Preferred Stock”)to the Investors in a private placement (the “PIPE financing”), which was closed on October 7, 2025. Each share of Series C Preferred Stock was sold at a purchase price of $0.40 per share to the Investors for a gross proceeds of up to $5,000,000 to the Company, before the offering expenses.
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Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
RYVYL Inc.: Filed Certificate of Designation for Series C Convertible Preferred Stock, designating 50,000 shares (effective 2025-10-07).
- Change
- charter amendment
- Effective
- 2025-10-07
Exact text from the filing
Pursuant to the terms of the Purchase Agreement, on October 7, 2025, the Company filed the Certificate of Designation with the Secretary of State of the State of Nevada, designating 50,000 shares of the Company’s preferred stock as Series C Preferred Stock, $0.001 par value per share.
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