Ben Errez retires as RYVYL (NASDAQ: RVYL) chairman and director role

Rhea-AI Filing Summary

RYVYL Inc. reported that Ben Errez will retire as Chairman and as a Director of the company effective August 31, 2025. The filing notes that he had previously announced his resignation as Executive Vice President, also effective August 31, 2025. His departure is described as being for personal reasons and not due to any disagreement with management or the Board on the company’s operations, policies, or practices. The company issued a press release on August 29, 2025 regarding his retirement, which is included as an exhibit.

8-K Event Classification

3 items: 5.02, 8.01, 9.01

3 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): August 29, 2025

RYVYL Inc.

(Exact name of registrant as specified in its charter)

Nevada		001-34294		22-3962936
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

3131 Camino Del Rio North, Suite 1400
San Diego, CA 92108

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code: (619) 631-8261

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.001 per share		RVYL		The Nasdaq Stock Market LLC (Nasdaq Capital Market)

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Resignation of Ben Errez as Chairman and Director

Effective August 31, 2025, Ben Errez will retire as Chairman and as a Director of RYVYL Inc., a Nevada corporation (the “Company”). As previously disclosed, on August 15, 2025, Mr. Errez announced his resignation as Executive Vice President of the Company effective August 31, 2025.

Mr. Errez’s departure is for personal reasons and is not the result of any disagreement with management or the Company’s Board of Directors on any matter relating to the Company’s operations, policies or practices.

Item 8.01. Other Events.

On August 29, 2025, the Company issued a press release announcing Mr. Errez’s retirement from the Board of the Company. A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99.1		Press Release, dated August 29, 2025.
104		Cover Page Interactive Data File

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: August 29, 2025	RYVYL Inc.
	By:	/s/ Fredi Nisan
		Name:	Fredi Nisan
		Title:	Chief Executive Officer

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FAQ

What leadership change did RYVYL (RVYL) disclose in this 8-K?

RYVYL Inc. disclosed that Ben Errez will retire as Chairman and as a Director of the company effective August 31, 2025.

Is Ben Errez also leaving his executive role at RYVYL (RVYL)?

Yes. The filing notes that Ben Errez had previously announced his resignation as Executive Vice President of RYVYL Inc., effective August 31, 2025.

Did RYVYL indicate any disagreement behind Ben Errez’s departure?

No. The company states that Ben Errez’s departure is for personal reasons and is not due to any disagreement with management or the Board on operations, policies, or practices.

How did RYVYL (RVYL) communicate Ben Errez’s retirement to the public?

RYVYL issued a press release on August 29, 2025 announcing Ben Errez’s retirement from the Board, which is filed as Exhibit 99.1.

Which SEC form did RYVYL use to report Ben Errez’s retirement?

RYVYL reported the retirement of Ben Errez on a Form 8-K under the item covering departures of directors or certain officers.