RYVYL Stock Jumps 12% as NASDAQ Clears Path for Merger with Roundtable

RYVYL Inc.s stock surged 12% after Nasdaq confirmed the company met its shareholder equity requirements, paving the way for its merger with RTB Digital, Inc.

• On October 15, RYVYL Inc. announced that Nasdaq cleared its path for a merger with RTB Digital, Inc., confirming it met the necessary shareholder equity threshold.
• The merger will integrate RYVYLs fintech capabilities with Roundtables innovative Web3 digital media SaaS platform, enhancing service offerings in the digital payment landscape.
• James Heckman, the Chief executive officer of Roundtable, emphasized that the merger positions both companies to leverage new opportunities in the rapidly evolving digital economy.