Roundtable and RYVYL Announce Shareholders Approve Merger, with 99% of Votes Cast in Favor
RYVYL (NASDAQ: RVYL) announced that shareholders approved its merger with RTB Digital (Roundtable) at a Special Meeting on April 1, 2026, with 99% of votes cast in favor.
Rhea-AI Summary
RYVYL (NASDAQ: RVYL) announced that shareholders approved its merger with RTB Digital (Roundtable) at a Special Meeting on April 1, 2026, with 99% of votes cast in favor. The approval removes the final corporate hurdle and, subject to Nasdaq approval of Roundtable's initial listing application, paves the way to list the combined company as RTB on Nasdaq. Management expects the transaction to consummate imminently and to bring a Web3, AI-powered digital media platform to Nasdaq under the combined entity.
Positive
- Shareholders approved the merger with 99% of votes on April 1, 2026
- Approval removes the final corporate hurdle to close the merger
- Combined company expected to list on Nasdaq under the ticker RTB
- Roundtable filed an initial Nasdaq listing application
Negative
- Listing and closing remain subject to Nasdaq approval
- Merger has not yet been consummated and is pending completion
Details
News Market Reaction – RVYL
On Apr 2, the day this news came out, RVYL closed 3.98% below the previous close.
Data tracked by StockTitan Argus for the Apr 2 session.
Key Figures
- Votes in favor
- 99%
- Shareholder approval of Roundtable merger at April 1, 2026 special meeting
- Votes supporting merger
- 659,620
- Votes in favor reported at prior special meeting update
- Additional votes needed
- 5%
- Incremental votes required previously to exceed >50% outstanding shares
- Entitled shares voted
- 43%
- Portion of entitled voting power submitted at March 18, 2026 meeting
- Merger consideration shares
- 14,285,715 shares
- RYVYL common stock available to RTB securityholders as merger consideration
- RTB holders ownership
- 84.85%
- Expected fully diluted ownership of combined company post-merger
- Current RYVYL holders
- 15.15%
- Expected fully diluted stake for existing RYVYL securityholders post-merger
- Reverse stock split ratio
- 1-for-35
- Reverse split implemented to support Nasdaq minimum bid compliance
Previous Acquisition Reports
-
Adjourned meeting after 99% of votes cast backed Roundtable merger.
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Regained Nasdaq bid compliance and filed Form S-4 for planned merger.
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Roundtable deal wins 10-year $15M sponsorship and expands journalist network.
-
Announced virtual event outlining merger benefits and Web3 media platform.
-
Rescheduled annual meeting after definitive Roundtable merger agreement.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
web3 technical
ai-powered technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Seattle, WA, April 02, 2026 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) (“RYVYL” or the “Company”), and RTB Digital Inc.’s (Roundtable) CEO, James Heckman, announced today that the merger was approved at the Company’s Special Meeting of Shareholders held on April 1, 2026.
The approval removes the final corporate hurdle to complete the merger, and, subject to Nasdaq approval of Roundtable's initial listing application, which has been filed, establishes the foundation to list the combined company on Nasdaq as RTB Digital Inc., expected to be listed under the ticker symbol RTB. The transaction is anticipated to consummate imminently.
“We are grateful for the outcome of today’s Special Meeting and appreciate RYVYL stockholders’ support for the merger,” said Heckman, founder and CEO of Roundtable. “In anticipation of bringing our Web3, AI-powered digital media platform to NASDAQ.”
About Roundtable (RTB Digital, Inc.)
Transforming the
About RYVYL
RYVYL Inc. (NASDAQ: RVYL) operates a digital payment processing business enabling transactions around the globe and provides payment solutions for underserved markets.
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, ryvylinvestor@allianceadvisors.com
Roundtable PR Contact:
Mehab Qureshi, RTB Digital Inc.
+91 90289 77198, press@roundtable.io
FAQ
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