RVYL: 8-K · leadership change
RTB Digital, Inc. announced that co-founder David Bailey is departing its board of directors effective June 1, 2026. Bailey will leave the board to focus on his role as Chief Executive Officer of Nakamoto, Inc. (NASDAQ: NAKA). The company stated that Bailey’s departure is not the result of any disagreement regarding operations, policies, or practices. Bailey, who helped launch RTB as a founding investor, will remain a shareholder but will no longer serve in a governance capacity.
RVYL: 8-K · acquisition merger
RTB Digital, Inc. (formerly Ryvyl Inc.) announced the completion of its merger with RTB Digital on May 12, 2026. The transaction resulted in a change of control, with the surviving entity adopting the name RTB Digital, Inc. and trading under the ticker symbol RTB on the Nasdaq Capital Market. The post-merger company issued 4,384,504 shares to former RTB shareholders, resulting in approximately 5,774,711 shares outstanding immediately after closing. However, the company has reserved significant additional shares for assumed securities: 7,688,755 for convertible debt conversion, 2,070,520 for warrants, and 3,385,409 for employee options, indicating substantial potential dilution. The board was reconstituted with seven members, including James Heckman as CEO and Alykhan Madhavji as CFO. Several pre-merger directors resigned, and new officers were appointed. The company highlighted its focus on a Web3 media platform with partnerships involving Yahoo, TheStreet, and Sports Illustrated content creators.
RVYL: 10-Q · periodic report
Ryvyl Inc. reported a net loss of $3.3 million for the first quarter of 2026, driven by a $3.0 million operating loss and a $0.9 million impairment charge on its right-of-use asset. The company disclosed substantial doubt about its ability to continue as a going concern, citing insufficient cash to fund operations for the next 12 months without additional capital or strategic initiatives. To address liquidity and listing compliance, Ryvyl completed a merger with RTB Digital, Inc. on May 12, 2026, renaming the company RTB Digital, Inc. The transaction involved the issuance of approximately 11.9 million shares to RTB shareholders and resolved a pending Nasdaq delisting notice related to minimum stockholders' equity requirements. The filing also reflects a 1-for-35 reverse stock split effective January 2, 2026, and the resolution of several legal matters, including a settled SEC action that required no monetary penalty and the final approval of a shareholder derivative lawsuit settlement.
RVYL: 8-K/A · amendment
RTB Digital, Inc. has filed an amendment to its 8-K to include the Certificate of Merger between RYVYL Merger Sub Inc. and RTB Digital, Inc., effective May 12, 2026. This amendment is a procedural update and does not introduce new material information. The Certificate of Merger was previously indicated in the original 8-K filing on May 13, 2025. The amendment is being made to ensure that the required documents are properly filed with the SEC.
RTB Debuts on Nasdaq: AI/DeFi Media Platform “Roundtable” to Trade as RTB
RTB Digital, Inc. has successfully closed its merger with RYVYL Inc., and the combined company’s common stock will now trade on Nasdaq as RTB. The merger received overwhelming shareholder approval, with 99% of votes cast in favor. The combined entity has 13.2 million shares outstanding, with 11.2 million subject to a one-year lock-up, and 2 million trading. The company has entered a binding agreement with a major media company, which includes a non-refundable $10 million deposit. Current strategic partnerships include Yahoo, TheHockeyNews, TheStreet, Arena, and 200 sports team publishers formerly operating for Sports Illustrated. RTB’s platform is live, driving millions in revenue and serving hundreds of premium media clients. The company’s leadership team, including CEO James Heckman, CTO Eyal Hertzog, and CFO Aly Madhavji, brings extensive experience in media, technology, and blockchain.
RTB Digital and Ryvyl Inc. Merger Consummates, Name Change and Ticker Changed to RTB
Roundtable Founders, Tech Platform Visionaries unite, to launch the Impossible. AI Powered, DeFi Media Platform at the “Possible” 2026 Media Conference
Ryvyl Shareholders OK RTB Digital Merger, Approve Name Change at Extraordinary General Meeting
Roundtable CEO James Heckman Clarifies Equity Status, Announces One Year Lock
Roundtable and RYVYL Announce Shareholders Approve Merger, with 99% of Votes Cast in Favor
RVYL Shareholder Meeting Continued to April 1, with 99% of Votes Cast in Favor of Roundtable Merger
