[144] Ryvyl Inc. SEC Filing
Rhea-AI Filing Summary
Ryvyl Inc. (RVYL) filed a Form 144 reporting a proposed sale of 100,000 shares of common stock for an aggregate market value of $82,740. The shares represent approximately 0.63% of the 15,957,396 shares outstanding and are listed for sale on Nasdaq through Orion Securities UAB.
The filer acquired the shares in the open market on 06/10/2025, paid in cash on 06/27/2025, and listed an approximate sale date of 07/01/2025. The form indicates no securities sold in the past three months and includes the standard representation that the seller is unaware of undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- None.
Insights
TL;DR: A modest proposed sale equal to about 0.63% of shares outstanding; appears administratively routine.
The filing shows a 100,000-share proposed sale valued at $82,740, implying a per-share reference value of approximately $0.8274. The shares were acquired in the open market and paid for in cash, and the seller reports no other sales in the prior three months. As a securities transaction notice, this is informational and does not by itself indicate material company developments. For investors, the size of the position relative to outstanding shares is small (1%), limiting likely market impact.
TL;DR: Form 144 disclosure is compliant and includes the required seller representations; no governance red flags in the notice itself.
The form identifies the broker (Orion Securities UAB) and exchange (Nasdaq), and includes the seller's representation about lack of undisclosed material information. There are no reported sales in the prior three months, which reduces concerns about concentrated, repeated insider dispositions. The filing is standard for a proposed sale and does not disclose any governance actions, related-party transactions, or exceptions that would raise immediate concerns.