Roundtable joins RYVYL shareholders’ reverse split approval, increases equity to secure Nasdaq listing ahead of merger

Speaking after RYVYL’s 2025 Annual Meeting of Shareholders, Heckman said Roundtable, RYVYL’s largest shareholder, voted its shares in favor of the proposals, and brought its investment up to $6.5 million, in advance of merger, to ensure shareholder equity compliant with Nasdaq.

“Over 90% of shareholder voters agreed to increase the share price to maintain Nasdaq listing,” said James Heckman, CEO of Roundtable. “The Nasdaq listing is critical to shareholder value and the merger. Roundtable now believes all compliance issues have been resolved.”

Related: Roundtable CEO James Heckman Announces New CFO Aly Madhavji

Shareholders approve reverse split and authorized share increase

Stockholders approved all the proposals presented at the meeting, including a proposed reverse stock split of the Company’s outstanding common stock at a ratio between 1-for-20 and 1-for-50 shares.

The exact ratio will be determined by the RYVYL’s board of directors, based on market conditions and shareholder analysis.

Shareholders also approved an increase in the number of authorized shares of the Company’s common stock from 100,000,000 to 500,000,000, according to RYVYL.

In a reverse stock split, multiple existing shares are combined into a smaller number of shares with a higher price per share. For example, in a 1-for-20 split, every 20 shares held by an investor are consolidated into one new share.

In conjunction with the shareholder vote, Roundtable invested an additional $1.5 million in equity into RYVYL. The investment was made to strengthen shareholder equity and ensure continued compliance with Nasdaq listing requirements ahead of the merger.

Disclosure: This article was provided by Roundtable, the subject of the story. Roundtable and its affiliates have a direct financial interest in the securities of the company discussed. This communication should not be construed as investment advice.

This story was originally published by TheStreet on Dec 18, 2025, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.

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