Ryvyl prices 15.38M shares at 39c in public offering

RYVYL (RVYL) announced the pricing of its public offering of an aggregate of 15,384,615 shares of common stock and warrants to purchase up to 15,384,615 shares of common stock, at a combined public offering price of $0.39 per share and accompanying warrant. The warrants will have an exercise price of $0.39 per share, will be immediately exercisable upon issuance, and will expire on the five-year anniversary of the original issuance date. The gross proceeds from the offering, before deducting placement agent fees and other offering expenses, are expected to be approximately $6M. The closing of the offering is expected to occur on or about July 16, 2025, subject to the satisfaction of customary closing conditions. Maxim Group is acting as the sole placement agent in connection with the offering.