RYVYL Receives Extension to Comply with Nasdaq Listing Rule 5550(b)
RYVYL Inc. (NASDAQ: RVYL) has received an extension from Nasdaq to regain compliance with listing requirements after failing to meet minimum stockholders' equity criteria. The company reported negative $1.5 million in stockholders' equity as of December 31, 2024, falling below Nasdaq's requirement of either $2.5 million in stockholders' equity, $35 million market value of listed securities, or $500,000 net income from operations. Following a non-compliance notification on April 8, 2025, RYVYL submitted a compliance plan which Nasdaq has accepted, granting the company until October 6, 2025, to demonstrate compliance with the listing requirements.
RYVYL Inc. (NASDAQ: RVYL) ha ottenuto un'estensione da Nasdaq per tornare in conformità con i requisiti di quotazione dopo non aver raggiunto il criterio minimo di patrimonio netto degli azionisti. La società ha riportato un patrimonio netto negativo di 1,5 milioni di dollari al 31 dicembre 2024, risultando inferiore al requisito di Nasdaq che prevede almeno 2,5 milioni di dollari di patrimonio netto, un valore di mercato delle azioni quotate di 35 milioni di dollari o un utile netto operativo di 500.000 dollari. Dopo una notifica di non conformità ricevuta l'8 aprile 2025, RYVYL ha presentato un piano di conformità che Nasdaq ha accettato, concedendo all'azienda tempo fino al 6 ottobre 2025 per dimostrare il rispetto dei requisiti di quotazione.
RYVYL Inc. (NASDAQ: RVYL) ha recibido una prórroga por parte de Nasdaq para recuperar el cumplimiento de los requisitos de cotización tras no cumplir con el criterio mínimo de patrimonio neto. La compañía reportó un patrimonio neto negativo de 1,5 millones de dólares al 31 de diciembre de 2024, por debajo del requisito de Nasdaq que exige 2,5 millones de dólares en patrimonio neto, 35 millones de dólares en valor de mercado de valores listados, o 500.000 dólares de ingreso neto operativo. Tras una notificación de incumplimiento el 8 de abril de 2025, RYVYL presentó un plan de cumplimiento que Nasdaq aceptó, otorgando a la empresa hasta el 6 de octubre de 2025 para demostrar que cumple con los requisitos de cotización.
RYVYL Inc. (NASDAQ: RVYL)는 최소 주주 자본 요건을 충족하지 못해 상장 요건 준수를 회복할 수 있도록 나스닥으로부터 연장 기간을 받았습니다. 회사는 2024년 12월 31일 기준으로 주주 자본이 -150만 달러로, 나스닥이 요구하는 250만 달러의 주주 자본, 3,500만 달러의 상장 증권 시가총액, 또는 50만 달러의 영업 순이익 요건에 미달했습니다. 2025년 4월 8일 비준수 통지를 받은 후, RYVYL은 나스닥이 수락한 준수 계획을 제출했으며, 회사는 상장 요건을 충족함을 입증하기 위해 2025년 10월 6일까지 기간을 부여받았습니다.
RYVYL Inc. (NASDAQ : RVYL) a obtenu une prolongation de la part du Nasdaq pour se conformer aux exigences de cotation après ne pas avoir respecté le critère minimum de capitaux propres. La société a déclaré un capital propre négatif de 1,5 million de dollars au 31 décembre 2024, en dessous de l'exigence du Nasdaq qui demande soit 2,5 millions de dollars de capitaux propres, soit une valeur de marché des titres cotés de 35 millions de dollars, soit un revenu net d'exploitation de 500 000 dollars. Suite à une notification de non-conformité le 8 avril 2025, RYVYL a soumis un plan de conformité que le Nasdaq a accepté, accordant à l'entreprise jusqu'au 6 octobre 2025 pour démontrer sa conformité aux exigences de cotation.
RYVYL Inc. (NASDAQ: RVYL) hat von der Nasdaq eine Fristverlängerung erhalten, um die Anforderungen für die Börsennotierung wieder zu erfüllen, nachdem das Mindest-Eigenkapital der Aktionäre nicht erreicht wurde. Das Unternehmen meldete zum 31. Dezember 2024 ein negatives Eigenkapital von 1,5 Millionen US-Dollar, was unter den Anforderungen der Nasdaq liegt, die entweder 2,5 Millionen US-Dollar Eigenkapital, einen Marktwert der gelisteten Wertpapiere von 35 Millionen US-Dollar oder einen Nettogewinn aus dem operativen Geschäft von 500.000 US-Dollar vorschreiben. Nach einer Mitteilung über die Nichteinhaltung am 8. April 2025 reichte RYVYL einen Compliance-Plan ein, den die Nasdaq akzeptierte, und gewährte dem Unternehmen bis zum 6. Oktober 2025, um die Einhaltung der Börsennotierungsanforderungen nachzuweisen.
- Nasdaq has accepted RYVYL's compliance plan
- Company received extension until October 6, 2025 to meet requirements
- Company reported negative stockholders' equity of $1.5M
- Failed to meet Nasdaq's minimum listing requirements
- Risk of potential delisting if compliance is not achieved by October 2025
SAN DIEGO, CA, May 27, 2025 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company"), a leading innovator of payment transaction solutions leveraging electronic payment technology, announced today that it has received an extension from The Nasdaq Stock Market LLC to regain compliance with Nasdaq Listing Rule 5550(b), which requires minimum stockholders’ equity of
On April 8, 2025, RYVYL received a notification from Nasdaq indicating that, based on the company’s reported stockholders’ equity of negative
Nasdaq has accepted this plan and granted the company an extension until October 6, 2025, to demonstrate compliance with the listing requirement.
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. 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
Why did RYVYL (RVYL) receive a Nasdaq compliance notice in 2025?
What are the Nasdaq listing requirements that RVYL needs to meet?
When is RVYL's deadline to regain Nasdaq compliance?
What happens if RVYL fails to meet Nasdaq requirements by October 2025?
