MergerMay 21, 2026, 04:13 PM
RTB Digital Completes Merger, Issues 4.38M Shares
AI Summary
RTB Digital, Inc. (formerly RYVYL Inc.) announced the completion of its merger with RTB Digital, Inc. on May 12, 2026. As part of the transaction, RYVYL Inc. changed its name to RTB Digital, Inc. and its trading symbol to "RTB." The company issued 4,384,504 shares to former RTB shareholders, resulting in approximately 5,774,711 shares outstanding post-merger. The combined entity will focus on deploying a Web3 media platform through partnerships with major brands.
Key Highlights
- Merger between RYVYL Inc. and RTB Digital, Inc. completed on May 12, 2026.
- RYVYL Inc. changed its corporate name to RTB Digital, Inc. on May 11, 2026.
- Trading symbol for common stock changed to "RTB" on May 13, 2026.
- Issued 4,384,504 shares of common stock to former RTB shareholders.
- Approximately 5,774,711 shares of common stock outstanding post-merger.
- Reserved 7,688,755 shares for conversion of outstanding convertible debt.
- Reserved 2,070,520 shares for exercise of assumed warrants.
- Certain RTB security holders agreed to a 12-month lock-up period.
Price Impact
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