New updates have been reported about Roundtable.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Roundtable (RTB Digital, Inc.), an AI‑driven Web3 media platform, has confirmed shareholder approval of its merger with RYVYL Inc. and outlined a tightly controlled post‑merger equity structure designed to prioritize long‑term value over short‑term trading. CEO James Heckman said roughly 85% of the combined company’s 13.5 million shares, including all equity from a recent $35 million investment that auto‑converts at closing, will be locked up for at least one year, with a phased release over the following 12 months.
To satisfy Nasdaq’s liquidity requirements, only about 2 million shares will remain freely tradable, while 11.5 million will be restricted, signaling strong alignment between Roundtable’s insiders and new investors around a multi‑year growth plan. The $35 million infusion is intended to speed client adoption and is tied to a binding deal to acquire control of a digital media company’s sales, operations, and distribution in exchange for a strategic investment, starting with a $10 million deposit that could accelerate platform scale by several years if completed.
Management emphasized that Roundtable’s balance sheet post‑merger should fund more than a year of operations even if the strategic partnership does not close, framing the transaction as a high‑upside but non‑existential bet on distribution and revenue acceleration. Heckman positioned the company’s AI‑ and Web3‑based, full‑stack enterprise platform—which spans decentralized publishing, DeFi payments and reporting, encrypted data and IP protection, syndication, revenue optimization, and blockchain‑based real‑time settlement—as a core infrastructure play for the $200 billion global media sector.
In parallel, the RYVYL board appointed veteran tech and digital media banker Steve Fletcher as an independent director, with the expectation he will remain on the combined company’s board and serve on its audit committee. Fletcher, a former Goldman Sachs senior banker and long‑time advisor to Heckman’s teams at Rivals.com, Scout.com, 5to1, and Arena Group, brings extensive capital markets, M&A, and governance expertise that is likely to shape Roundtable’s financing strategy, capital allocation, and future dealmaking as it integrates with RYVYL and pursues industry‑scale growth.