RYVYL reports 99% shareholder support for merger with Roundtable; reconvened vote set for March 25, 2026.
Quiver AI Summary
RYVYL Inc. announced that the Special Meeting of Shareholders, convened on March 18, 2026, to vote on its proposed merger with RTB Digital, Inc. has been adjourned and will reconvene virtually on March 25 at 4 pm EST. To date, approximately 99% of the votes cast support the merger, with 43% of shareholders entitled to vote having submitted their ballots. The company needs an additional 7% in favor to finalize the merger. Shareholders are encouraged to vote ahead of the reconvened meeting, and assistance is available through Kingsdale Advisors. RYVYL specializes in digital payment processing, while Roundtable operates a Web 3 digital media SaaS platform.
Potential Positives
- Approximately 99% of shareholder votes cast to date are in favor of the proposed merger, indicating strong shareholder support.
- The company requires only an additional 7% of votes in favor to confirm the merger, suggesting that approval is likely.
- The merger with Roundtable is expected to enhance RYVYL's offerings in digital payment processing, particularly in underserved markets.
- The reconvened Special Meeting for shareholder voting is accessible virtually, providing convenience for shareholders to participate.
Potential Negatives
- Despite 99% of the votes cast being in favor of the merger, only 43% of the entitled votes have been submitted, indicating a potential lack of shareholder engagement or concerns that may delay the confirmation of the merger.
- The adjournment of the Special Meeting may raise questions about the ability of RYVYL to secure the required additional votes, signaling possible instability or uncertainty among shareholders.
- The need to complete additional voting before the reconvened Special Meeting suggests that there may be insufficient momentum or confidence among shareholders regarding the merger process.
FAQ
What is the current status of the RYVYL and Roundtable merger?
The merger has received approximately 99% of shareholder votes in favor and will reconvene on March 25, 2026.
When will the Special Meeting reconvene?
The Special Meeting will reconvene virtually on March 25, 2026, at 4pm EST.
How can shareholders participate in the reconvened Special Meeting?
Shareholders can participate using the link: http://www.virtualshareholdermeeting.com/RVYL2026SM.
What percentage of votes is needed to confirm the merger?
Only an additional 7% of votes in favor are needed to confirm the merger.
Who should shareholders contact for voting assistance?
Shareholders can contact Kingsdale Advisors at 888-518-6812 or via email at [email protected] for assistance.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RVYL Revenue
$RVYL had revenues of $2.8M in Q3 2025. This is a decrease of -1.62% from the same period in the prior year.
You can track RVYL financials on Quiver Quantitative's RVYL stock page.
$RVYL Hedge Fund Activity
We have seen 9 institutional investors add shares of $RVYL stock to their portfolio, and 23 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GEODE CAPITAL MANAGEMENT, LLC removed 200,012 shares (-96.9%) from their portfolio in Q4 2025, for an estimated $32,421
- VANGUARD GROUP INC removed 188,193 shares (-93.8%) from their portfolio in Q4 2025, for an estimated $30,506
- RENAISSANCE TECHNOLOGIES LLC removed 47,103 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $7,635
- POINT72 ASSET MANAGEMENT, L.P. added 34,497 shares (+inf%) to their portfolio in Q4 2025, for an estimated $5,591
- CROSS STAFF INVESTMENTS INC removed 24,675 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $7,303
- NEWEDGE ADVISORS, LLC added 19,870 shares (+11419.5%) to their portfolio in Q4 2025, for an estimated $3,220
- XTX TOPCO LTD removed 19,767 shares (-91.2%) from their portfolio in Q4 2025, for an estimated $3,204
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Approximately 99% of Shareholder Votes Cast to Date are in Favor of Proposed Merger between RYVYL and Roundtable
SAN DIEGO, CA, March 18, 2026 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) (“RYVYL” or the “Company”) today announced that the Special Meeting of Shareholders (the “Special Meeting”) to vote on the Company’s planned merger with RTB Digital, Inc. (“Roundtable”), which was convened on March 18, 2026, has been adjourned, to reconvene virtually on March 25, starting at 4pm EST. Shareholders interested in participating in the reconvened Special Meeting should use the following link:
http://www.virtualshareholdermeeting.com/RVYL2026SM
The record date for the Special Meeting, February 6, 2026, is unchanged and applies to the reconvened Special Meeting.
To date, approximately 99% of the votes cast, voted in favor of the proposed merger, with 43% of the entitled to vote submitted, therefore only 7% additional votes in favor are needed to confirm the merger. The Company is in recess to complete collection of the additional votes. For shareholders who are yet to cast their votes, we urge them to vote their shares now, so they can be tabulated prior to the reconvened Special Meeting.
For questions or voting assistance, please contact Kingsdale Advisors at 888-518-6812 or [email protected] .
About RYVYL
RYVYL Inc. (NASDAQ: RVYL) operates a digital payment processing business enabling transactions around the globe and provides payment solutions for underserved markets. www.ryvyl.com .
About Roundtable (RTB Digital, Inc.)
RTB Digital, Inc. is a Web 3 digital media SaaS platform, providing decentralized publishing, commerce, data, syndication, network distribution, ad sales and operations, as well as community platforms and custom apps for major media and professional journalist brands. For more information visit RTB.io
Cautionary Note Regarding Forward-Looking Statements
This press release includes information that constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on the Company's current beliefs, assumptions and expectations regarding future events, which in turn are based on information currently available to the Company. Such forward-looking statements include statements that are characterized by future or conditional words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate” and “continue” or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information. Such forward-looking statements include statements regarding the timing and effects of the Reverse Stock Split. By their nature, forward-looking statements address matters that are subject to risks and uncertainties. A variety of factors could cause actual events and results to differ materially from those expressed in or contemplated by the forward-looking statements, including the risk that the Reverse Stock Split will not guarantee that the Company regains compliance with Nasdaq’s listing requirements or will remain in compliance with all other requirements for continued listing on Nasdaq. Other risk factors affecting the Company are discussed in detail in the Company's filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable laws.
RYVYL IR Contact:
Richard Land, Alliance Advisors Investor Relations
973-873-7686,
[email protected]
Roundtable PR Contact:
Mehab Qureshi, RTB Digital Inc.
+91 90289 77198,
[email protected]
