RYVYL Inc. (NASDAQ: RVYL) has filed a proxy and registration statement on Form S-4 with the SEC for the proposed acquisition of RTB Digital, Inc. (Roundtable) in a merger transaction.
The merger would shift the Company's focus to Roundtable's ad revenue generating transformative Web3 media platform.
The transaction is expected to close in the third quarter of 2026.
Proposed Merger
RYVYL's filing includes vital information about the proposed acquisition of Roundtable, outlining the strategic move towards Web3 media.
Closing Timeline
Anticipated closing of the transaction is slated for the third quarter of 2026, as per RYVYL's expectations.
No Offer of Solicitation
The filing clarifies that it is for informational purposes only, not an offer to purchase securities, emphasizing compliance with applicable laws.
Additional Information
Investors and security holders are urged to carefully read the joint proxy statement/prospectus for essential details about the merger.
- The filing marks a significant step towards the completion of the merger between RYVYL and Roundtable, signaling a strategic shift in operations towards Web3 media.
- Upon the completion of the merger, RYVYL's business focus is expected to evolve with increased emphasis on Roundtable's ad revenue generating platform.
The public filing of the registration statement showcases RYVYL's strategic move towards acquiring Roundtable and pivoting its operations. Investors are encouraged to stay informed about the forthcoming developments.