The stock faces imminent delisting risk if the RTB merger does not close before the Nasdaq appeal hearing. Traders should monitor merger progress and any delays; failure to close will almost certainly result in delisting to OTC, severely impacting liquidity and price.
Price Chart
Executive Summary
RYVYL received a Nasdaq delisting notice on April 23, 2026 for failing to meet the minimum $2.5M stockholders' equity requirement under Rule 5550(b)(1). The company filed an appeal on April 29 to stay delisting, which is currently scheduled for May 4, 2026 if not cured. RYVYL plans to regain compliance through its pending merger with RTB Digital (approved April 1, 2026), which is expected to add over $20M in equity.
Key Facts
- Nasdaq non-compliance notice received April 23, 2026 for minimum stockholders' equity of $2.5M
- Appeal filed April 29, 2026; delisting would occur May 4, 2026 without stay or cure
- Merger with RTB Digital, Inc. (approved by stockholders April 1, 2026) expected to bring >$20M in equity to cure deficiency
- Company believes merger will close before Nasdaq appeal hearing
Financial Impact
Company currently below $2.5M minimum stockholders' equity; merger with RTB Digital expected to add over $20M in equity
Risk Factors
- Merger with RTB Digital fails or is delayed, leading to delisting
- Nasdaq rejects appeal or cure plan, resulting in delisting on May 4
- Loss of Nasdaq listing reduces institutional ownership and liquidity
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001185185-26-001602 |
| Document: 0001185185-26-001602-index.html | 0001185185-26-001602 |
| Document: 0001185185-26-001602.txt | 0001185185-26-001602 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
May 21, 2026 22w ago | 8-K | $4.12 $12.46 | ▲ +202.43% | ▲ +203.84% | — |
May 13, 2026 23w ago | 8-K | $7.20 $3.95 | ▼ −45.14% | ▼ −44.53% | — |
Apr 29, 2026 25w ago | 8-K | $6.07 $4.36 | ▲ +28.17% | ▲ +33.40% | — |
Mar 30, 2026 30w ago | 425 | $4.47 $5.33 | ▲ +19.24% | ▲ +6.64% | — |
US Market Status
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