{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-26-002057","form_type":"8-K","ticker":"RVYL","cik":"0001419275","company_name":"RYVYL Inc.","filed_at":"2026-05-21T20:05:41+00:00","discovered_at":"2026-05-21T20:07:00.443329+00:00","generated_at":"2026-05-21T22:26:27.263227+00:00","sec_items":["2.01","3.02","5.01","5.02","5.03","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"confidence":"high","headline":"RTB Digital (formerly Ryvyl) closes merger; issues 4.4M shares, names Heckman CEO","bullets":["Merger closed May 12, 2026; RTB survives as wholly-owned subsidiary of Ryvyl (now RTB Digital).","Issued 4,384,504 shares to former RTB shareholders; 5,774,711 shares outstanding post-merger.","Board reconstituted to 7 members; James Heckman (CEO), Aly Madhavji (CFO), Walton Comer (Chairman).","Officers: James Heckman (CEO), Aly Madhavji (CFO), George Oliva (CAO), William Sornsin (COO).","Company renamed RTB Digital, Inc.; trading symbol changed to RTB on Nasdaq."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-26-002057","json":"https://secwatch.observer/filing/0001185185-26-002057.json","markdown":"https://secwatch.observer/filing/0001185185-26-002057.md","text":"https://secwatch.observer/filing/0001185185-26-002057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1419275/000118518526002057/0001185185-26-002057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1419275/000118518526002057/rtb8k052126.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T22:26:27.263227+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"}