RYVYL consolidates shares with a 1-for-35 reverse split, aiming to boost its stock price and maintain Nasdaq listing. Investors will see adjusted holdings soon.
SAN DIEGO, CA, Dec. 30, 2025 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) (“RYVYL” or the “Company”) today announced that its board of directors has approved a 1-for-35 reverse stock split (the “Reverse Stock Split”) of the Company’s common stock (the “Common Stock”).
The Company believes the Reverse Stock Split is necessary to increase the market price per share of the Common Stock to better assure that it maintains compliance with the $1.00 minimum bid price required for continued listing on the Nasdaq Capital Market (“Nasdaq”) under Nasdaq Listing Rule 5550(a)(2) and to make investments in the Company more attractive to investors by increasing the trading price of the Common Stock on such market. The Company obtained shareholder approval for the Reverse Stock Split on December 15, 2025 after obtaining approval from the Company’s board of directors.
The Reverse Stock Split is expected to become legally effective on January 1, 2026 (the “Effective Date”) upon the filing of the applicable certificate with the Secretary of State of the State of Nevada, and the Company expects the Common Stock to open for trading on Nasdaq on a split-adjusted basis on January 2, 2026 under the existing trading symbol “RVYL.” The new CUSIP number for the Common Stock following the Reverse Stock Split will be 39366L 406. On the Effective Date, every 35 shares of Common Stock either issued and outstanding or held as treasury stock will be automatically reclassified into one new share of Common Stock. The par value per share of the Common Stock will remain unchanged at $0.001 per share.
No fractional shares will be issued in connection with the Reverse Stock Split. Fractional shares resulting from the Reverse Stock Split will be rounded up to the nearest whole share. The rights and privileges of the holders of shares of Common Stock will be substantially unaffected by the Reverse Stock Split.
Stockholders who hold their shares in brokerage accounts or in "street name" will have their positions automatically adjusted to reflect the Reverse Stock Split, subject to each broker's particular processes, and will not be required to take any action in connection with the Reverse Stock Split. Registered stockholders holding pre-split shares of the Company's Common Stock electronically in book-entry form are not required to take any action to receive post-split shares.