---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-26-004171"
form_type: "8-K"
ticker: "RVYL"
cik: "0001419275"
company_name: "RYVYL Inc."
filed_at: "2026-09-18T20:56:27+00:00"
generated_at: "2026-09-18T20:57:07.955132+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# RTB Digital enters 10-yr platform pact with Paradium.AI, buys 49.5% minority stake for $89.6M

## Summary
- Signed 10-year Strategic Platform Agreement with Paradium.AI (fka Arena Group) on 9/14/26; closing expected Q4 2026.
- RTB will issue $11.5M in unregistered RTB stock to Paradium for perpetual license/control of Paradium technology.
- RTB to acquire ~49.5% of Paradium from Simplify Inventions and MBX Capital for $89,555,638 ($73.56M cash + $6M stock + $10M prior deposit).
- Company forecasts ~$100M annual gross revenue, 100M monthly users, and ~$1B revenue over the 10-year term.
- Paradium brands and revenue migrate to RTB platform; revenue sharing at defined percentages; RTB covers operational costs.

## SEC filing metadata
- accession: 0001185185-26-004171
- form_type: 8-K
- ticker: RVYL
- cik: 0001419275
- company_name: RYVYL Inc.
- filed_at: 2026-09-18T20:56:27+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419275/000118518526004171/0001185185-26-004171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419275/000118518526004171/rtb8k091826.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-26-004171
- JSON: https://secwatch.observer/filing/0001185185-26-004171.json
- Plain text: https://secwatch.observer/filing/0001185185-26-004171.txt

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