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S8 Global Fintech & Regtech Fund, a ten-percent owner of RYVYL Inc (NASDAQ:RVYL), has reported purchasing shares of the company’s common stock in two transactions. The shares were acquired at prices ranging from $0.77 to $0.8799, for a total value of $90572.
According to a Form 4 filing with the Securities and Exchange Commission, on June 25, 2025, S8 Global Fintech bought 3,354 shares at $0.77 per share. Then, on June 26, 2025, the fund acquired 100,000 shares at $0.8799 per share. Despite the stock’s high volatility and 43% decline over the past six months, InvestingPro analysis suggests the stock is currently undervalued. Discover 10+ additional exclusive insights and detailed financial analysis with an InvestingPro subscription.
Following these transactions, S8 Global Fintech & Regtech Fund directly owns 3,390,354 shares of RYVYL Inc. The transactions were signed off by /s/ Geraldine Gantenbein, Manager, on June 27, 2025.
In other recent news, RYVYL Inc. has filed a registration statement with the SEC, indicating plans for a potential public offering, though the specifics are yet to be determined. Concurrently, the company disclosed a letter of intent to acquire a complementary technology entity, contingent on raising $100 million and obtaining shareholder approval. Additionally, RYVYL has completed the sale of its European subsidiary and implemented significant cost-cutting measures, including a 40% workforce reduction in North America, aiming to save approximately $780,000 per quarter. The company also plans to reduce expenses by cutting outside engineering contractors, projecting further savings of $265,000 per quarter.
In leadership changes, Brett Moyer has been appointed to RYVYL’s board of directors following David Montoya’s resignation. Moyer’s experience is expected to aid RYVYL in pursuing growth opportunities, including expanding blockchain applications. Financially, RYVYL has converted a senior note into equity, issuing 7.1 million shares to strengthen its balance sheet. This move is part of a broader strategy to minimize shareholder dilution and restructure financially.
Furthermore, RYVYL is involved in negotiations regarding the sale of its European subsidiary, with a standstill agreement in place until May 6, 2025. The company had the option to terminate the sale but did not exercise this right by the deadline. The purchaser has agreed not to finalize the purchase until May 16, 2025, allowing for continued discussions.
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