---
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"
generated_at: "2026-06-05T21:27:01.425440+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Director David Bailey resigns from RTB Digital board to focus on CEO role at Nakamoto

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-26-002368
- JSON: https://secwatch.observer/filing/0001185185-26-002368.json
- Plain text: https://secwatch.observer/filing/0001185185-26-002368.txt

## Key facts
- Executive change
  David Bailey departed as Director at RYVYL Inc..
  - Action: departed
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1419275/000118518526002368/0001185185-26-002368-index.htm

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