---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-26-004208"
form_type: "8-K"
ticker: "RVYL"
cik: "0001419275"
company_name: "RYVYL Inc."
filed_at: "2026-09-22T21:16:41+00:00"
generated_at: "2026-09-22T21:18:13.332639+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# RTB Digital raises $5.5M via private placement at $11.13/share; also lends $5.5M at 20%

## Summary
- Sold 494,159 shares for gross proceeds of $5.5M; price $11.13/share; includes affiliates of founders.
- Company loaned $5.5M to borrowers at 20% interest; loans secured by equity owned by borrowers.
- Loan proceeds used to purchase company shares; shares subject to lock-up released in four tranches from May 2027 to Feb 2028.
- Registration rights include piggyback and demand (after 180 days, if 50% of shares covered).
- Offered under Regulation 506(b); shares are restricted stock.

## SEC filing metadata
- accession: 0001185185-26-004208
- form_type: 8-K
- ticker: RVYL
- cik: 0001419275
- company_name: RYVYL Inc.
- filed_at: 2026-09-22T21:16:41+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419275/000118518526004208/0001185185-26-004208-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419275/000118518526004208/rtb8k092226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-26-004208
- JSON: https://secwatch.observer/filing/0001185185-26-004208.json
- Plain text: https://secwatch.observer/filing/0001185185-26-004208.txt

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