{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-26-002368","form_type":"8-K","ticker":"RVYL","cik":"0001419275","company_name":"RYVYL Inc.","filed_at":"2026-06-05T21:25:23+00:00","discovered_at":"2026-06-05T21:26:00.284596+00:00","generated_at":"2026-06-05T21:27:01.425440+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Director David Bailey resigns from RTB Digital board to focus on CEO role at Nakamoto","bullets":["David Bailey departed board of directors effective June 1, 2026.","Bailey is CEO of Nakamoto, Inc. (NASDAQ: NAKA) and will focus on that role.","Departure is not due to any disagreement with the Company's operations or policies.","Bailey was a co-founder of recently acquired business and served as founding investor.","No replacement director has been named."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-26-002368","json":"https://secwatch.observer/filing/0001185185-26-002368.json","markdown":"https://secwatch.observer/filing/0001185185-26-002368.md","text":"https://secwatch.observer/filing/0001185185-26-002368.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1419275/000118518526002368/0001185185-26-002368-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1419275/000118518526002368/rtb8k060526.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T21:27:01.425440+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":[{"claim_id":"8052b64ee6","claim":"David Bailey departed as Director at RYVYL Inc..","evidence_excerpt":"On June 1, 2026, RTB Digital, Inc., a Nevada corporation (the “Company”) announced that co-founder David Bailey of the recently acquired business, will depart the board of directors to focus on his role as Chief Executive Officer of Nakamoto, Inc. (NASDAQ Symbol: NAKA).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1419275/000118518526002368/0001185185-26-002368-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"departed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}