secwatch.observer — SEC 8-K summary
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Issuer:     RYVYL Inc. (RVYL)
CIK:        0001419275
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001185185-25-001637
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aly Madhavji named CFO of merged RYVYL/Roundtable; Oliva becomes CAO
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- Aly Madhavji, Managing Partner of Blockchain Founders Fund, to be CFO of post-merger entity; current CFO George Oliva transitions to Chief Accounting Officer.
- Merger between RYVYL (RVYL) and Roundtable (RTB Digital) subject to shareholder approval and regulatory review; closing date not specified.
- Post-merger: CEO James Heckman, Chairman Walton Comer, 7-member board, company renamed RTB Digital Inc. (d/b/a Roundtable).
- Madhavji brings relationships with 500+ blockchain co-investors; previously served on Soluna Holdings (SLNH) board.
- Roundtable's DeWeb platform integrates decentralized payments and on-chain audience control for professional publishers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419275/000118518525001637/0001185185-25-001637-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419275/000118518525001637/rvyl8k425110625.htm
  HTML page:      https://secwatch.observer/filing/0001185185-25-001637

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer