RYVYL Executes NEW MOU with Securityholder to Retire 8% Senior Convertible Note and Series B Convertible Preferred Stock
- SAN DIEGO, CA, Jan. 22, 2025 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for diverse international markets, has entered into a new non-binding Memorandum of Understanding with a securityholder of the Company, replacing a previously announced Memorandum of Understanding, which expired on November 29, 2024 (the “New MOU”) for the full repayment and termination of an 8% Senior Convertible Note (the “Note) and the redemption of all shares of the Company's Series B Convertible Preferred Stock (the “Preferred Stock”). The New MOU provides for:
- 01/22/2025
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RYVYL Amends MOU to Adjust Timing of First Tranche Payment to Investor to Retire 8% Senior Convertible Note and Series B Convertible Preferred Stock
- SAN DIEGO, CA, Nov. 20, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for diverse international markets, amended the previously announced non-binding Memorandum of Understanding (the “MOU”) for the full repayment and termination of an 8% Senior Convertible Note (the “Note) and the redemption of all shares of the Company's Series B Convertible Preferred Stock (the “Preferred Stock”). The MOU has been amended to extend the first tranche payment of $12.8 million to November 29, 2024.
- 11/20/2024
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Ryvyl Inc. (RVYL) Q3 2024 Earnings Call Transcript
- Ryvyl Inc. (NASDAQ:RVYL ) Q3 2024 Results Conference Call November 14, 2024 4:30 PM ET Company Participants Ben Errez - Chairman Fredi Nisan - Chief Executive Officer & Co-Founder George Oliva - Chief Financial Officer Conference Call Participants Michael Donovan - H.C. Wainwright Howard Halpern - Taglich Brothers Operator Good afternoon, everyone, and welcome to Ryvyl Inc. Third Quarter 2024 Conference Call.
- 11/14/2024
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Ryvyl (RVYL) Reports Q3 Loss, Misses Revenue Estimates
- Ryvyl (RVYL) came out with a quarterly loss of $0.53 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to loss of $0.60 per share a year ago.
- 11/14/2024
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RYVYL Signs MOU with Investor to Retire 8% Senior Convertible Note and Series B Convertible Preferred Stock
- SAN DIEGO, CA, Nov. 11, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for diverse international markets, has signed a non-binding Memorandum of Understanding (the “MOU”) with the investor (the “Investor”) setting forth the terms agreed to by the Company and the Investor for the full repayment and termination of an 8% Senior Convertible Note (the “Note) and the redemption of all shares of the Company's Series B Convertible Preferred Stock (the “Preferred Stock”) held by the Investor. As of October 31, 2024, the outstanding Note principal was $19.0 million, and the liquidation value of the Preferred Stock was $53.5 million.
- 11/11/2024
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RYVYL to Announce Third Quarter 2024 Financial Results on Thursday, November 14, 2024
- SANDIEGO, CA, Nov. 04, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for diverse international markets, plans to report financial results for the third quarter of 2024 on Thursday, November 14, 2024, after the market close.
- 11/04/2024
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RYVYL to Present at the LD Micro Main Event XVII
- SAN DIEGO, CA, Oct. 14, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for diverse international markets, today announced it will participate at the LD Micro Main Event XVII being held October 28-30, 2024, at the Luxe Sunset Blvd Hotel in Los Angeles.
- 10/14/2024
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Taglich Brothers Initiates Coverage of RYVYL Inc.
- NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Taglich Brothers, Inc. announces that it has initiated coverage of RYVYL Inc . (NASDAQ: RVYL).
- 09/23/2024
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Ryvyl Inc. (RVYL) Q2 2024 Earnings Call Transcript
- Ryvyl Inc. (NASDAQ:RVYL ) Q2 2024 Earnings Conference Call August 13, 2024 4:30 PM ET Company Participants Ben Errez - Chairman Fredi Nisan - Chief Executive Officer & Co-Founder George Oliva - Chief Financial Officer Conference Call Participants Kevin Dede - H.C. Wainwright Howard Halpern - Taglich Brothers Operator Good afternoon, everyone and welcome to RYVYL Inc's Second Quarter 2024 Conference Call.
- 08/13/2024
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RYVYL to Announce Second Quarter 2024 Financial Results on Tuesday, August 13, 2024
- SANDIEGO, CA, Aug. 05, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic token technology for the diverse international markets, plans to report financial results for the second quarter of 2024 on Tuesday, August 13, 2024, after the market close.
- 08/05/2024
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RYVYL Increases Focus on Licensing and Aligns U.S. Operations by Business Unit
- -Fintech veteran Christian Murray, who will lead RYVYL's licensing strategy, expands role from VP of Revenue to newly created position of Managing Director, Northeast Merchant Systems -
- 07/01/2024
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Ryvyl Inc. (RVYL) Q1 2024 Earnings Call Transcript
- Ryvyl Inc. (NASDAQ:RVYL ) Q1 2024 Earnings Conference Call May 14, 2024 4:30 PM ET Company Participants Ben Errez - Chairman George Oliva - Chief Financial Officer Min Wei - Chief Operating Officer Fredi Nisan - Chief Executive Officer Conference Call Participants Kevin Dede - H.C. Wainwright Operator Good afternoon everyone and welcome to Ryvyl Inc's First Quarter 2024 Conference Call.
- 05/14/2024
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Why Is Ryvyl (RVYL) Stock Down 10% Today?
- Ryvyl (NASDAQ: RVYL ) stock is falling on Tuesday after the blockchain-based payment solutions company announced a proposed public offering for its shares. Ryvyl hasn't pinned down the specific details of this offering just yet.
- 04/16/2024
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RYVYL Inc. Announces Cancellation of Proposed Underwritten Public Offering
- San Diego, CA, April 16, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic token technology for the diverse international markets, today announced the cancellation of the proposed underwritten public offering of shares of its common stock originally announced on April 15, 2024.
- 04/16/2024
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RYVYL Inc. Announces Launch of Proposed Underwritten Public Offering
- San Diego, CA, April 15, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic token technology for the diverse international markets, today announced that it has commenced an underwritten public offering of shares of its common stock. All of the shares of common stock are being offered by RYVYL. In addition, RYVYL intends to grant the underwriter in the offering a 45-day option to purchase up to an additional 15% of the number of shares of common stock offered in the offering at the public offering price, less underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
- 04/15/2024
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Ryvyl, Inc. (RVYL) Q4 2023 Earnings Call Transcript
- Ryvyl, Inc. (RVYL) Q4 2023 Earnings Call Transcript
- 03/26/2024
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RYVYL Reports Record Full Year 2023 Revenue of $65.9 Million, Up 100% Compared to 2022
- Record Q4 2023 Revenue of $22.3 Million Increased 100% Compared to Q4 2022 and Exceeded Guidance of $19 Million to $21 Million
- 03/26/2024
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RYVYL to Announce Fourth Quarter and Full Year 2023 Financial Results on Tuesday, March 26, 2024
- SAN DIEGO, CA, March 14, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic token technology for the diverse international markets, expects to report financial results for the fourth quarter and full year 2023 on Tuesday, March 26, 2024.
- 03/14/2024
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The Law Offices of Frank R. Cruz Announces Investigation of Ryvyl (RVYL) on Behalf of Investors
- LOS ANGELES , March 4, 2024 /PRNewswire/ -- The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Ryvyl Inc. ("Ryvyl" or the "Company") (NASDAQ: RVYL) concerning whether the board breached its fiduciary duties to shareholders.
- 03/04/2024
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The Law Offices of Frank R. Cruz Announces Investigation of Ryvyl (RVYL) on Behalf of Investors
- LOS ANGELES , Feb. 13, 2024 /PRNewswire/ -- The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Ryvyl Inc. ("Ryvyl" or the "Company") (NASDAQ: RVYL) concerning whether the board breached its fiduciary duties to shareholders.
- 02/13/2024
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ACI Worldwide and RYVYL EU Power Merchant Payments in Central Eastern Europe
- MIAMI--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, today announced a collaboration with RYVYL EU, a leading payments service provider (PSP) and acquirer in Central Eastern Europe (CEE), to help merchants across the region increase revenues through higher transaction conversion rates. RYVYL EU is an EU-regulated electronic money institution based in Sofia, Bulgaria, and is a wholly owned subsidiary of RYVYL Inc. (NASDAQ: RVYL).
- 02/13/2024
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RYVYL Expects 2023 Revenue to be Up >90% Over 2022 and Provides 2024 Revenue Guidance Up >67% Over 2023
- - Processing volume hit $3 billion, up 58% over 2022 -- Retains coyni to drive substantial revenue growth - - Provides 2024 revenue guidance of $95 million to $100 million -
- 01/19/2024
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RYVYL Regains Compliance with Nasdaq Continued Listing Requirements
- Recently completed convertible debt for preferred equity exchange transactions reduced debt by over $60 million, substantially increasing net stockholders' equity
- 12/18/2023
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RYVYL and R3 Partner to Unveil RYVYL Block: Next-Generation Blockchain-as-a-Service Infrastructure
- NEW YORK / SAN DIEGO, Dec. 14, 2023 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) and R3, a leading provider of enterprise distributed ledger technology (“DLT”) software and services for the financial services sector, proudly announce their collaboration to offer businesses a groundbreaking Blockchain-as-a-Service solution that enables streamlined and secure digital transformation.
- 12/14/2023
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RYVYL Announces Second Exchange Agreement with Convertible Noteholder; Reducing Company Debt by more than $60 million
- SAN DIEGO, CA, Nov. 28, 2023 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic token technology for the diverse international markets, announced today the Company entered into a second exchange agreement with an existing noteholder (the “Noteholder”), to forbear the note repayment requirement until April 5th, 2025 and exchange the outstanding principal in a new authorized series of preferred stock.
- 11/28/2023
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Ryvyl, Inc. (RVYL) Q3 2023 Earnings Call Transcript
- Ryvyl, Inc. (NASDAQ:RVYL ) Q3 2023 Results Conference Call November 13, 2023 4:30 PM ET Company Participants Ben Errez - Chairman George Oliva - Chief Financial Officer Min Wei - Chief Operating Officer Fredi Nisan - CEO Conference Call Participants Kevin Dede - H.C. Wainright Operator Good afternoon, everyone, and welcome to RYVYL Inc.'s Third Quarter 2023 Conference Call.
- 11/17/2023
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RYVYL Announces Preliminary Third Quarter 2023 Revenues Grew 60% Year-over-Year to a Quarterly Record $17.0 million.
- Management to Host Third Quarter 2023 Financial Results Conference Call on Monday, November 13, 2023
- 10/26/2023
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RYVYL Appoints George Oliva as Chief Financial Officer
- SAN DIEGO, CA, Oct. 19, 2023 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic token technology for the diverse international markets, today announced that it has appointed George Oliva as Chief Financial Officer of the Company, replacing former Interim Chief Financial Officer, Gene Jones.
- 10/19/2023
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RYVYL to Present at LD Micro Main Event XVI
- SAN DIEGO, CA, Sept. 25, 2023 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic token technology for the diverse international markets, today announced it will participate at the LD Micro Main Event XVI Conference taking place at the Luxe Sunset Boulevard Hotel in Los Angeles, California from October 3-5, 2023.
- 09/25/2023
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RYVYL Announces 1-for-10 Reverse Stock Split
- SAN DIEGO, CA, Sept. 06, 2023 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic token technology for the diverse international markets, today announced that the Board of Directors has approved a reverse stock split of its outstanding shares of common stock, par value $0.001 per share (the "Common Stock") at a ratio of 1-for-10. The reverse stock split does not require the approval of the Company's stockholders, as it was approved in accordance with Nevada Revised Statutes Section 78.207.
- 09/06/2023
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RYVYL to Present at the 25th Annual H.C. Wainwright Global Investment Conference
- SAN DIEGO, CA, Aug. 31, 2023 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic token technology for the diverse international markets, today announced it will participate at the H.C. Wainwright 25th Annual Global Investment Conference being held September 11-13, 2023 at the Lotte New York Palace Hotel in New York City.
- 08/31/2023
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RYVYL to Announce First Quarter 2023 Financial Results on Monday, May 22, 2023
- SAN DIEGO, CA, May 17, 2023 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company"), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions, will report financial results for the first quarter on Monday, May 22, 2023.
- 05/17/2023
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RYVYL To Present at the Sequire Investor Summit April 24-26, 2023 in Puerto Rico
- SAN DIEGO, CA, April 19, 2023 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company"), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions is proud to announce its participation at the upcoming Sequire Investor Summit taking place April 24-26, 2023 at La Concha Resort in San Juan, Puerto Rico, featuring an array of exciting opportunities for funds, companies, and investors.
- 04/19/2023
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RYVYL to Announce Fourth Quarter and Full Year 2022 Financial Results on Monday, April 17, 2023
- SAN DIEGO, CA, April 14, 2023 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company"), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions, will report financial results for the fourth quarter and full year 2022 on Monday, April 17, 2023.
- 04/14/2023
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Best Penny Stocks To Buy? 5 To Watch After Big News This Week
- Penny stocks to watch with news that are turning heads in the stock market this week. The post Best Penny Stocks To Buy?
- 01/23/2023
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Why Is Ryvyl (RVYL) Stock Is On the Move Today?
- Ryvyl (NASDAQ: RVYL ) stock is on the move Monday after saying its prior financial data can no longer be relied on. According to a U.S. Securities and Exchange Commission (SEC) filing, the company's financial statements for the year ending Dec. 31, 2021, can't be relied on.
- 01/23/2023
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RYVYL to Present at Sequire Virtual Small Cap Conference on December 8th, 2022
- Presentation on Thursday, December 8th, 2022 at 3:30pm ET
- 12/06/2022
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Ryvyl Inc. (RVYL) Q3 2022 Earnings Call Transcript
- Ryvyl Inc. (NASDAQ:RVYL ) Q3 2022 Earnings Conference Call November 21, 2022 4:30 PM ET Company Participants Ben Errez - Chairman Drew Byelick - CFO Min Wei - COO Fredi Nisan - CEO Jacqueline Reynolds - Chief Marketing Officer Conference Call Participants Howard Halpern - Taglich Brothers Kevin Dede - H.C. Wainwright Chris Sakai - Singular Research Operator Good afternoon, ladies and gentlemen.
- 11/23/2022
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