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November 28, 2023 10:45 ET | Source: RYVYL Inc.

RYVYL Announces Second Exchange Agreement with Convertible Noteholder; Reducing Company Debt by more than $60 million

SAN DIEGO, CA, Nov. 28, 2023 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger...
July 26, 2023 10:50 ET | Source: RYVYL Inc.

RYVYL Bolsters Capital Structure Resulting in Debt Reduction, Significant Improvement to Cash Flow, and Increased Shareholder Equity in Exchange Agreement with Convertible Noteholder

$6 Million Initial Debt Reduction Additional $16.7 million upon Exchanges of Convertible Note into Preferred Stock $5 Million Second Half 2023 Cash Flow Improvement with Interest Write-off ...