RYVYL Inc. announced the approval of all proposals at the 2025 Annual Meeting of Stockholders.
Key approvals included a reverse stock split and an increase in authorized shares.
Steps taken aim to address Nasdaq listing compliance issues.
Stockholder Approval
All proposals presented at the 2025 Annual Meeting were approved.
Nasdaq Compliance
Actions taken, including a reverse stock split, to address delisting notice and regain compliance.
Merger Impact
The merger with Roundtable significantly contributed to meeting Nasdaq requirements.
- The approval signifies strong stockholder support for strategic actions taken by RYVYL.
- The reverse stock split and increased authorized shares are crucial for Nasdaq listing compliance.
RYVYL's proactive measures following the stockholder approval position the company for Nasdaq compliance and the planned merger with Roundtable.