Court approval of RYVYL’s settlement and a Roundtable-funded debt overhaul remove major obstacles, cutting millions in legacy costs before the planned merger.
SEATTLE, WA – November 24, 2025 – Roundtable CEO, James Heckman, confirmed a US District Court has provisionally approved the settlement of future merger partner, RYVYL Inc.’s (NASDAQ: RVYL) shareholder derivative litigation, eliminating the final significant litigation hurdle distracting the merger.
Judge Gonzalo P. Curiel granted provisional approval of the settlement and scheduled the final settlement hearing, which means both RYVYL legacy shareholder lawsuits are materially resolved, as a result of Roundtable’s financial support.
Following the market close on Nov. 21, RYVYL submitted its Form 8-K filing and press release, published here.
Heckman also announced the competition of RYVYL Debt and cost Restructuring, also financed by Roundtable, “so we could hit the ball running with positive cash flow from RYVYL’s business unit, post merger.” RYVYL has now completed what Heckman described as an “exceptionally efficient” cleanup of legacy obligations - including material reduction of principal debt, litigation, and shareholder equity requirements. Heckman said, “the combined impact saved us millions and dramatically strengthened our path to post-merger profitability for our new Web3 SaaS platform partner.”