Roundtable CEO James Heckman and RYVYL (RVYL) announced that RYVYL was notified by NASDAQ that it has achieved the required shareholder equity threshold, thereby lifting the previous delisting risk, well ahead of anticipated merger between Roundtable and RYVYL. Compliance confirmation followed a direct capital investment by Roundtable into RYVYL, providing sufficient funding to strengthen its balance sheet and maintain its NASDAQ listing ahead of the previously announced merger between the two companies. RYVYL Management further confirmed that it is seeking shareholder approval of a planned 15:1 reverse stock split at the Company’s 2025 Annual Meeting of Stockholders scheduled for October 30, 2025, which, upon shareholder approval, is expected to ensure compliance with the NASDAQ’s minimum share price requirement, well in advance of the NASDAQ compliance deadline of December 9, 2025.
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