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S8 Global Fintech & Regtech Fund, a ten percent owner of RYVYL Inc (NASDAQ:RVYL), sold 100,000 shares of common stock on July 1, 2025, at a price of $0.8274, according to a Form 4 filing with the Securities and Exchange Commission. The total value of the transaction amounted to $82,740.
Following the transaction, S8 Global Fintech & Regtech Fund directly owns 3,404,845 shares of RYVYL Inc.
In other recent news, RYVYL Inc. has filed a registration statement with the Securities and Exchange Commission, signaling plans for a new offering, though the specifics of the shares and pricing remain undecided. The company has also announced a letter of intent to acquire an entity with complementary technology, contingent on raising $100 million and obtaining shareholder approval. In a strategic move to strengthen its financial position, RYVYL converted its remaining Senior Convertible Note into common stock, issuing 7.1 million shares, which aligns with its broader strategy to improve its balance sheet. Additionally, the company completed the sale of its European subsidiary, RYVYL EU, and withdrew its previous guidance for 2025. In a bid to cut costs, RYVYL has reduced its North American workforce by 40%, expecting to save approximately $780,000 per quarter. The company has also announced plans to reduce its reliance on outside engineering contractors, projecting further savings. On the leadership front, Brett Moyer has been appointed as an independent board member, replacing David Montoya, and is expected to contribute to the company’s growth initiatives. Meanwhile, RYVYL has entered a standstill agreement regarding the restructuring of a pre-funded asset sale of its European subsidiary, allowing for ongoing negotiations with the buyer. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.