RYVYL Ceases Negotiations to Restructure Pre-funded Asset Sale
RYVYL (NASDAQ: RVYL), a payment transaction solutions provider, announced on May 14, 2025, that it has ended negotiations to restructure the terms of its pre-funded asset sale of RYVYL EU subsidiary. The company anticipates that the buyer will proceed with finalizing the closure of the pre-funded asset sale. This development marks a significant turn in RYVYL's strategic asset management approach.
RYVYL (NASDAQ: RVYL), fornitore di soluzioni per transazioni di pagamento, ha annunciato il 14 maggio 2025 di aver concluso le trattative per ristrutturare i termini della vendita anticipata di asset della sua controllata europea RYVYL EU. L'azienda prevede che l'acquirente procederà a finalizzare la chiusura della vendita anticipata degli asset. Questo sviluppo rappresenta una svolta importante nell'approccio strategico di gestione degli asset di RYVYL.
RYVYL (NASDAQ: RVYL), proveedor de soluciones para transacciones de pago, anunció el 14 de mayo de 2025 que ha finalizado las negociaciones para reestructurar los términos de la venta anticipada de activos de su filial europea RYVYL EU. La compañía anticipa que el comprador procederá a cerrar definitivamente la venta anticipada de activos. Este desarrollo marca un giro significativo en el enfoque estratégico de gestión de activos de RYVYL.
RYVYL (NASDAQ: RVYL)는 결제 거래 솔루션 제공업체로서 2025년 5월 14일 자사 유럽 자회사 RYVYL EU의 선지급 자산 매각 조건 재구성 협상을 종료했다고 발표했습니다. 회사는 매수자가 선지급 자산 매각 마무리를 진행할 것으로 예상하고 있습니다. 이번 사안은 RYVYL의 전략적 자산 관리 접근법에 중요한 전환점이 됩니다.
RYVYL (NASDAQ : RVYL), fournisseur de solutions de transactions de paiement, a annoncé le 14 mai 2025 avoir mis fin aux négociations visant à restructurer les conditions de la vente d'actifs préfinancée de sa filiale européenne RYVYL EU. La société anticipe que l'acheteur procédera à la finalisation de la clôture de cette vente d'actifs préfinancée. Ce développement marque un tournant important dans l'approche stratégique de gestion des actifs de RYVYL.
RYVYL (NASDAQ: RVYL), ein Anbieter von Zahlungstransaktionslösungen, gab am 14. Mai 2025 bekannt, dass die Verhandlungen zur Umstrukturierung der Bedingungen des vorfinanzierten Asset-Verkaufs seiner europäischen Tochtergesellschaft RYVYL EU beendet sind. Das Unternehmen erwartet, dass der Käufer den Abschluss des vorfinanzierten Asset-Verkaufs finalisieren wird. Diese Entwicklung markiert eine bedeutende Wendung in RYVYLs strategischem Asset-Management.
- Potential completion of pre-funded asset sale providing immediate liquidity
- Resolution of uncertainty regarding asset sale negotiations
- Failed restructuring negotiations might indicate less favorable terms for the company
- Potential loss of revenue-generating subsidiary RYVYL EU
- Buyer intends to close the pre-funded asset sale -
SAN DIEGO, CA, May 14, 2025 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company"), a leading innovator of payment transaction solutions leveraging electronic payment technology for the diverse international markets, has ceased discussions to restructure the terms of the pre-funded asset sale of its RYVYL EU subsidiary. The Company expects the buyer will now take the final steps to close the pre-funded asset sale.
About RYVYL
RYVYL Inc. (NASDAQ: RVYL) was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business, and peer-to-peer payment transactions around the globe. By leveraging electronic payment technology for diverse international markets, RYVYL is a leading innovator of payment transaction solutions reinventing the future of financial transactions. Since its founding as GreenBox POS in 2017 in San Diego, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection, and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants, and consumers around the globe. www.ryvyl.com
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.
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. Risk factors affecting the Company are discussed in detail in the Company’s filings with the SEC. 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.
IR Contact:
David Barnard, Alliance Advisors Investor Relations, 415-433-3777, ryvylinvestor@allianceadvisors.com
FAQ
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