Nasdaq keeps RYVYL (NASDAQ: RVYL) listed after bid-price cure

Rhea-AI Filing Summary

RYVYL Inc. reports that Nasdaq has notified the company it has regained compliance with the exchange’s minimum bid price rule under Listing Rule 5550(a)(2). This means the company now meets Nasdaq’s listing requirements again, and a previously scheduled hearing before a Nasdaq panel regarding potential delisting has been cancelled. The company’s common stock will continue to trade on the Nasdaq Capital Market as long as it continues to satisfy all applicable Nasdaq listing standards. RYVYL also issued a press release announcing the restored compliance.

Positive

• Nasdaq minimum bid price compliance regained, cancelling a pending delisting hearing and allowing RYVYL’s common stock to remain listed on the Nasdaq Capital Market.

Negative

• None.

Insights

Equity Markets Analyst

Nasdaq compliance restored, removing an immediate delisting overhang for RYVYL.

RYVYL Inc. has received confirmation from Nasdaq that it has regained compliance with the minimum bid price rule, which it had previously failed to meet. This resolves a listing deficiency that had progressed to the point of a scheduled hearing before a Nasdaq panel.

By curing the bid-price issue before the hearing date, the company avoids a potential delisting from the Nasdaq Capital Market. Continued listing helps preserve trading liquidity and visibility with investors, although it does not change the company’s underlying business performance or fundamentals.

The cancellation of the hearing and Nasdaq’s statement that the matter is closed indicate that, as of the January notification, the immediate compliance risk has been addressed. Ongoing compliance will depend on the company continuing to meet all Nasdaq listing requirements in future periods.

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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): January 16, 2026

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)		(I.R.S. Employer Identification No.)

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

(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: (855) 201-1613

Check the appropriate box below if the Form 8-K 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 Exchange 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 8.01 Other Events.

As previously disclosed, on June 12, 2025, the Company received a notification letter from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) regarding non-compliance with the minimum bid price rule under Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”). The Company was permitted to request an appeal of such determination to the Nasdaq Hearings Panel (the “Panel”) by December 18, 2025 in order to prevent delisting from the Nasdaq Capital Market. The Company appealed the Staff’s delisting determination by submitting a hearing request to the Panel and was granted a hearing before the Panel that was scheduled to take place on January 22, 2026 (the “Hearing”).

On January 16, 2026, the Company received a notification letter from the Staff informing the Company that it had regained compliance with the Minimum Bid Price Rule, and that the Company is therefore in compliance with the Nasdaq listing requirements. Consequently, the Hearing before the Panel has been cancelled and Nasdaq has determined that the matter is now closed. The Company’s common stock will continue to be listed and traded on the Nasdaq Capital Market provided it continues to comply with all applicable Nasdaq listing requirements.

On January 20, 2026, the Company issued a press release (the “Press Release”) announcing that it has regained compliance with the Minimum Bid Price Rule. A copy of the Press Release is attached 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

Exhibit No.		Name of Exhibit
99.1		Press Release issued on January 20, 2026.
104		Cover Page Interactive Data File (embedded within the inline XBRL document).

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SIGNATURES

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

	RYVYL Inc.
	By:	/s/ George Oliva
		Name:	George Oliva
		Title:	Interim Chief Executive Officer and Chief Financial Officer

Dated: January 20, 2026

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FAQ

What did RYVYL Inc. (RVYL) announce in this 8-K filing?

RYVYL Inc. announced that Nasdaq has notified the company it has regained compliance with the minimum bid price rule and is in compliance with Nasdaq listing requirements.

What was the prior Nasdaq issue facing RYVYL (RVYL)?

RYVYL had previously received a Nasdaq notice for non-compliance with the minimum bid price rule under Nasdaq Listing Rule 5550(a)(2), which could have led to delisting.

Is RYVYL Inc. still at risk of being delisted from Nasdaq?

With Nasdaq’s notice that RYVYL has regained compliance and the related matter is closed, its common stock will continue to trade on the Nasdaq Capital Market so long as it meets all ongoing listing requirements.

What happened to the scheduled Nasdaq hearing for RYVYL?

A hearing before the Nasdaq Hearings Panel had been scheduled for January 22, 2026, but it was cancelled after RYVYL regained compliance with the minimum bid price rule.

Did RYVYL issue a press release about regaining Nasdaq compliance?

Yes. RYVYL issued a press release on January 20, 2026 announcing that it had regained compliance with the minimum bid price rule, which is attached as Exhibit 99.1.

What Nasdaq rule did RYVYL regain compliance with?

RYVYL regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).