IPO - RYVYL Inc.

Form Type: S-1/A

Filing Date: 2025-07-02

Corporate Action: Ipo

Type: Update

Accession Number: 000118518525000718

Filing Summary: RYVYL Inc. has filed an amendment to its registration statement for an IPO, seeking to raise up to $8 million through the offering of common units, each consisting of one share of common stock and one common warrant, alongside pre-funded units. The company aims for a public offering price of approximately $0.81 per unit, with simultaneous offerings of pre-funded warrants. Following the sale of its European operations that concluded on June 1, 2025, RYVYL will focus solely on its North American operations. The company anticipates a significant reduction in revenue due to this sale, with projections indicating a drop of around 70-80%. RYVYL maintains its commitment to product innovation, expanding its software platforms designed for global payment acceptance and disbursement, as well as enhancing treasury management services. The filing includes details regarding compliance with regulatory frameworks and the strategic directions of the company as it transitions its operational focus and expands its technology and service portfolio to better serve North American markets.

Form Type: S-1/A

Filing Date: 2025-06-16

Corporate Action: Ipo

Type: Update

Accession Number: 000118518525000643

Filing Summary: RYVYL Inc. is filing an amendment to its registration statement under the Securities Act of 1933. This preliminary prospectus is for a best-efforts offering of up to $20 million of Common Units, each consisting of one share of common stock and one common warrant, and Pre-Funded Units for investors who may exceed 4.99% ownership post-offering. The company is focused on global payment acceptance and disbursement, operating primarily through two business segments in North America and Europe, with comprehensive financial technology solutions. A significant operational change is the planned sale of the company's EU subsidiary, Ryvyl EU, projected to close in Q2 or Q3 of 2025, which will reshape the company's focus solely on North America, potentially reducing current revenue significantly. The offering aims to raise capital to fund initiatives, including enhancing its dual-sided payment platform and optimizing operational efficiencies. The effective sale and business realignment may drastically shift the company's financial landscape and strategic objectives moving forward.

Form Type: S-1

Filing Date: 2025-02-14

Corporate Action: Ipo

Type: New

Accession Number: 000118518525000141

Filing Summary: RYVYL Inc. is filing a registration statement on Form S-1 with the SEC for an initial public offering (IPO) to raise approximately $20,000,000 through the offering of units that will consist of shares of common stock and warrants. The offering will be made on a best efforts basis, with no obligation for the placement agent to purchase securities. The document outlines the company's dual-sided payment platform, operational efficiency, innovation in treasury management services, and a customer-centric approach. RYVYL is also focused on expanding its market presence and has a history of mergers and acquisitions to bolster its operations. Recent challenges in transitioning its QuickCard product to an app-based model have affected revenues, leading to a shift toward a licensing product for payments processing. The strategic aim is to address liquidity issues and adapt to changing regulatory environments, positioning RYVYL for sustainable growth and value creation.