Roundtable Details Post-Merger Capitalization Strategy with Ryvyl
Roundtable CEO James Heckman detailed the company's post-merger capitalization strategy following the April 1 shareholder approval of its merger with Ryvyl. The merger was approved by approximately 99% of votes cast by shareholders. This communication provides additional detail for shareholders, following last week's meeting announcement, including details of the 85% equity capitalization table lock up. The combined entity is expected to have approximately 13.5M total shares outstanding. Of those, approximately 2M shares are expected to be available for public trading, with the remaining 11.5M shares, representing approximately 85% of the total outstanding shares, subject to a one year lock up provision. Prior to the merger, Ryvyl effected a reverse stock split to secure compliance with Nasdaq listing requirements, while Roundtable invested $6M into Ryvyl to ensure shareholder equity compliance. Approximately 2M share public float designed to meet Nasdaq listing requirements, comprising approximately 1.25M existing Ryvyl shares and approximately 750,000 shares issued in connection with the Roundtable merger. $35M of new capital was invested to support the merger and accelerate major media brand customer adoption. This follows over $10M of R&D investment in RTB's "DeWeb" acquired, Web3 media platform, primarily funded by Binance and Roundtable founding investors.
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- Merger Approval: The merger between RYVYL Inc. and RTB Digital Inc. received 99% shareholder approval during the Special Meeting on April 1, 2026, removing the final hurdle to completion and laying the groundwork for the upcoming listing.
- NASDAQ Listing Plans: The combined entity plans to list on NASDAQ under the name RTB Digital Inc. with the ticker symbol RTB, marking a strategic shift in the digital media landscape.
- Technological Platform Advantage: RTB Digital's full-stack enterprise platform integrates AI and Web3 infrastructure, poised to transform the $200 billion global media industry by offering decentralized publishing, DeFi payments, and data encryption services.
- Market Outlook: The merger positions RYVYL to leverage RTB Digital's innovative technology, enhancing its competitiveness in the digital payment processing market, which is expected to attract more investor interest and increase the company's market value.
- High Voting Support: At RYVYL Inc.'s Special Meeting, 99% of votes cast support the merger, with 659,620 votes collected so far, indicating strong shareholder backing and only 5% more needed to reach the required 50% approval threshold.
- Meeting Postponement: The company's board has decided to further adjourn the meeting to allow for additional vote collection, with plans to reconvene on April 1, 2026, ensuring that all shareholder voices are heard and increasing the likelihood of merger success.
- Shareholder Voting Call: The company encourages shareholders who have yet to vote to do so promptly, allowing for vote tabulation before the reconvened Special Meeting, reflecting the company's commitment to shareholder engagement and the merger process.
- Potential Further Delay: Should additional votes be necessary after the recess, the company anticipates seeking another adjournment of the Special Meeting until April 6, 2026, demonstrating flexibility in responding to shareholder input during the merger process.
- Shareholder Support: Approximately 99% of votes cast so far favor the merger between RYVYL and Roundtable, indicating strong market confidence that is expected to drive future growth and market expansion for the company.
- Meeting Rescheduling: The Special Meeting convened on March 18, 2026, has been adjourned and will reconvene on March 25, ensuring all shareholders have the opportunity to participate in the voting process, reflecting the company's commitment to shareholder rights.
- Voting Participation Rate: Currently, 43% of entitled votes have been submitted, with only an additional 7% needed to confirm the merger, suggesting a high likelihood of success that could accelerate the company's strategic integration.
- Digital Payment Business Outlook: RYVYL focuses on global digital payment processing, and the merger is expected to enhance its competitiveness in underserved markets, potentially leading to broader market opportunities and revenue growth for the company.
- Merger Progress Accelerates: Ryvyl's recent updates to its S-4 registration statements have captured investor attention, with expectations to close its merger with Roundtable in Q3 2026, potentially reshaping the company's future.
- Nasdaq Confirmation: The company received formal confirmation from Nasdaq that its shares met the minimum bid price requirement, securing RVYL's listing and paving the way for integration with Roundtable.
- Retail Interest Surge: The merger news has driven retail investor sentiment from 'bearish' to 'extremely bullish', with message volume significantly increasing within 24 hours, reflecting strong market interest in the stock.
- Short Squeeze Possibility: Due to Ryvyl's limited public float, traders have discussed the potential for a short squeeze, further intensifying market interest in the stock.
- Earnings Beat: Ericsson's Q4 earnings of $0.27 per share exceeded analyst expectations of $0.23, indicating strong performance in a competitive telecom market, which is likely to boost investor confidence.
- Sales Growth: The company reported quarterly sales of $7.367 billion, surpassing the analyst consensus of $7.030 billion, reflecting sustained demand in the 5G and network infrastructure sectors, potentially driving future revenue growth.
- Stock Surge: Ericsson shares jumped 7.1% to $10.26 in pre-market trading, reflecting a positive market reaction to its earnings report, which may attract more investor interest.
- Optimistic Market Outlook: With increasing global demand for 5G technology, Ericsson's earnings growth could provide funding for future strategic expansions, further solidifying its leadership position in the industry.
- Significant Price Surge: Ryvyl Inc. shares rose 24.05% in after-hours trading to $6.50, reflecting strong market response to its compliance restoration, with a 10.32% increase during regular trading hours as well.
- Compliance Confirmation: The company announced on Tuesday that it received written confirmation from Nasdaq, indicating it has regained compliance with the minimum bid price requirement, maintaining a closing bid price of $1 or higher for 10 consecutive trading days, which boosts investor confidence.
- Merger Registration Filed: Ryvyl filed a Form S-4 registration statement with the SEC for its merger with media technology company RTB Digital Inc., stating that all material merger conditions have been satisfied, pending SEC approval, showcasing the company's strategic intent to expand its business.
- Market Performance Analysis: Despite the recent rebound, Ryvyl's stock has plummeted 89.75% over the past 12 months and is currently near its 52-week low, indicating high uncertainty in market perception and the need for clear recovery signals before investor sentiment can improve.










