Loan & DebtSep 22, 2026, 05:23 PM
RYVYL Inc. Lends $5.5M; Subsidiary Sells Shares in Private Placement
AI Summary
RYVYL Inc. has entered into loan agreements totaling $5,500,000 with certain borrowers, bearing a 20% annual interest rate and secured by equity. Concurrently, its subsidiary RTB Digital, Inc. completed a private placement, selling 494,159 shares of common stock for $5,500,000 at $11.13 per share. These shares are subject to lock-up agreements with staggered release dates from May 2027 to February 2028.
Key Highlights
- RYVYL Inc. (as Lender) entered into loan agreements totaling $5,500,000 with certain borrowers.
- The loans bear an annual interest rate of 20% and are secured by the borrowers' equity.
- RTB Digital, Inc. (a subsidiary of RYVYL) sold 494,159 shares of common stock for $5,500,000 in a private placement.
- The shares were sold at $11.13 per share to investors including those affiliated with RTB's founders.
- Lock-up agreements restrict the sale of shares, with releases in four equal tranches from May 2027 to February 2028.
Price Impact
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