RYVYL Merger with Roundtable Nears Approval with 99% Shareholder Support
Summary
RYVYL Inc. announced a significant step towards completing its merger with RTB Digital, Inc. (Roundtable), with 99% of votes cast by shareholders supporting the transaction. The special shareholder meeting has been adjourned to April 1, 2026, as the company now only needs an additional 5% of outstanding shares to reach the required >50% approval threshold. This positive update follows the March 19 SEC filing, which reported the initial adjournment of the meeting and indicated a higher 7% of votes were still needed. The high approval rate and reduced remaining hurdle make the merger's completion highly probable, which is a critical catalyst for the company. Shareholders should monitor the reconvened meeting on April 1 for final approval.
At the time of this announcement, RVYL was trading at $6.00 on NASDAQ in the Technology sector, with a market capitalization of approximately $7.6M. The 52-week trading range was $4.50 to $81.55. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.