---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-26-001245"
form_type: "8-K"
ticker: "RVYL"
cik: "0001419275"
company_name: "RYVYL Inc."
filed_at: "2026-04-02T23:59:59+00:00"
generated_at: "2026-05-15T07:49:43.881938+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# RYVYL shareholders approve merger with RTB Digital; 85% of shares locked for one year

## Summary
- Merger approved with 99% of votes cast in favor; closing imminent subject to Nasdaq approval of RTB listing.
- $35M invested into Roundtable pre-merger; 85% of outstanding shares (11.5M of 13.5M) locked for at least one year.
- Only 2M shares unlocked to meet Nasdaq liquidity requirements; the rest locked.
- $10M deposit toward strategic acquisition of a digital media company's sales, operations, and distribution.
- Steven Fletcher appointed to board; former Goldman Sachs banker with 20+ years digital media experience.

## SEC filing metadata
- accession: 0001185185-26-001245
- form_type: 8-K
- ticker: RVYL
- cik: 0001419275
- company_name: RYVYL Inc.
- filed_at: 2026-04-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.07, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419275/000118518526001245/0001185185-26-001245-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419275/000118518526001245/rvyl8k040226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-26-001245
- JSON: https://secwatch.observer/filing/0001185185-26-001245.json
- Plain text: https://secwatch.observer/filing/0001185185-26-001245.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.