RYVYL Inc. Completes RTB Digital Merger, Changes Name to RTB Digital, Inc. and Ticker to RTB

summarizeSummary

RYVYL Inc. has completed its reverse merger with RTB Digital, Inc., officially changing its name to RTB Digital, Inc. and its Nasdaq ticker symbol to "RTB" as of May 13, 2026.

check_boxKey Events

• Merger Consummation

  RYVYL Inc. officially completed its reverse merger with RTB Digital, Inc. on May 12, 2026, with RTB Digital surviving as a wholly-owned subsidiary.

• Name and Ticker Change

  The company has changed its name to RTB Digital, Inc. and will trade under the new Nasdaq ticker symbol "RTB" starting May 13, 2026.

• Significant Share Issuance

  11,893,886 shares were issued for the RTB merger, plus 109,410 shares for an investment banking agreement, resulting in 13,174,895 shares outstanding post-merger.

• Strategic Pivot

  This merger represents a strategic shift towards RTB Digital's full-stack enterprise media platform business, following prior financial challenges and a Nasdaq delisting notice for RYVYL Inc.

auto_awesomeAnalysis

This 8-K formally announces the completion of the reverse merger between RYVYL Inc. and RTB Digital, Inc., effective May 12, 2026. As a result, RYVYL Inc. has changed its corporate name to RTB Digital, Inc., and its common stock will commence trading under the new ticker symbol "RTB" on the Nasdaq Capital Market starting May 13, 2026. The merger involved the issuance of 11,893,886 shares for RTB's outstanding equity and assumed notes, plus an additional 109,410 shares for an investment banking agreement, resulting in a total of 13,174,895 shares outstanding post-merger. This event marks a significant corporate transformation for the company, following previous disclosures of a going concern warning and a Nasdaq delisting notice, and represents a strategic pivot towards RTB Digital's enterprise media platform business.