Welcome to our dedicated page for Ryvyl news (Ticker: RVYL), a resource for investors and traders seeking the latest updates and insights on Ryvyl stock.
RYVYL Inc. reports developments tied to its digital payment processing business, which enables transactions globally and provides payment solutions for underserved markets. Company news also includes platform announcements involving AI, DeFi and Web3 media infrastructure through RTB Digital, along with material agreements, shareholder voting matters, capital-structure updates, governance actions, and operating and financial results.
RYVYL Inc. (NASDAQ: RVYL) announced its commitment to investigate suspicious trading patterns of its stock, aiming to combat illegal naked short selling. The company's leadership observed irregular activity meriting a formal investigation into potential violations of Regulation SHO. Under this regulation, broker-dealers must properly mark trades and ensure securities are available to borrow. RYVYL expressed its dedication to shareholder protection and plans to work with regulators to prosecute violators. The company applauds recent efforts by Genius Group Limited in similar endeavors. Further updates will be provided as necessary.
RYVYL Inc. (NASDAQ: RVYL) addressed recent upheavals in the cryptocurrency market, including the collapses of FTX and BlockFi, in a letter to shareholders. Chairman Ben Errez emphasized that RYVYL is not a cryptocurrency firm and remains unaffected by the bankruptcies. Instead, he highlighted the strength of their USD-pegged stablecoin, coyni, backed by real dollars in a custodial account. RYVYL welcomes potential regulatory scrutiny in the crypto space, viewing it as an opportunity for growth in digital payments. The company aims to leverage its unique technology to expand its market share amidst industry challenges.
RYVYL Inc. (NASDAQ: RVYL) has received a Notification Letter from NASDAQ stating non-compliance with the minimum bid price requirement of $1.00 per share, as it has not maintained this price for 30 consecutive days.
The Company has until June 5, 2023 to regain compliance, requiring a closing bid price of at least $1.00 for 10 consecutive trading days. RYVYL plans to monitor its stock price and is considering various financial measures to improve its business position.
RYVYL Inc. (NASDAQ: RVYL) will present at the Sequire Virtual Small Cap Conference on December 8, 2022, at 3:30 PM ET. The company, focused on leveraging blockchain and USD-pegged stablecoin technology, aims to highlight its significant growth and innovative payment solutions. Chairman Ben Errez will be available for virtual meetings during the event, which showcases technology-focused small-cap companies to a wide audience of investors.
RYVYL Inc. (RVYL) announced the rescheduling of its Q3 conference call to November 21, 2022, at 4:30 PM ET, due to the need for an extension to file its Quarterly Report on Form 10-Q. The delay is attributed to challenges in compiling information regarding the modification and valuation of derivative liabilities, as advised by new auditors Simon and Edward, LLP. The call will cover financial results, corporate updates, and include a Q&A session. The company emphasizes its commitment to enhancing the security and efficiency of financial transactions through blockchain and stablecoin technology.
RYVYL Inc. (NASDAQ: RVYL) will release its third quarter 2022 financial results on November 14, 2022, at 4:30 PM EST. The company, known for leveraging blockchain and stablecoin technology, will provide a corporate update during a conference call. Investors will have the opportunity to submit questions ahead of the call. RYVYL focuses on transforming payment transactions through its coyni® stablecoin platform, enhancing security and privacy. For further details, participants can access the call via provided US and international dial-in numbers.