Roundtable’s Investment Secures Court-Approved Settlement for RYVYL, Restructures Debt, Saving Millions in Costs Ahead of Anticipated Merger

SEATTLE, WA – November 24, 2025 – Roundtable CEO, James Heckman, confirmed a US District Court has provisionally approved the settlement of future merger partner, RYVYL Inc.’s (NASDAQ: RVYL) shareholder derivative litigation, eliminating the final significant litigation hurdle distracting the merger.

Judge Gonzalo P. Curiel granted provisional approval of the settlement and scheduled the final settlement hearing, which means both RYVYL legacy shareholder lawsuits are materially resolved, as a result of Roundtable’s financial support.

Following the market close on Nov. 21, RYVYL submitted its Form 8-K filing and press release, published here.

Heckman also announced the competition of RYVYL Debt and cost Restructuring, also financed by Roundtable, “so we could hit the ball running with positive cash flow from RYVYL’s business unit, post merger.” RYVYL has now completed what Heckman described as an “exceptionally efficient” cleanup of legacy obligations - including material reduction of principal debt, litigation, and shareholder equity requirements. Heckman said, “the combined impact saved us millions and dramatically strengthened our path to post-merger profitability for our new Web3 SaaS platform partner.”

Roundtable CFO, Aly Madhavji Praises RYVYL’s Executives

Roundtable’s new CFO, Aly Madhavji credited RYVYL’s legal, compliance, and finance executives for delivering under pressure: “The talent of this veteran legal and finance team has been profoundly demonstrated; we simply supplied the funding and vision for a bright future and they executed with speed."

Adding:

“We can’t express our appreciation enough for RYVYL over-delivering on promised efficiencies and eliminating what would otherwise be red flags for investors.”

Heckman added, “having transitioned several companies from private to public, the importance of this kind of experienced team cannot be overstated.”

The next major step for merger readiness and Nasdaq compliance is the reverse stock split, which is being prepared for approval during the RYVYL shareholder meeting scheduled for December 12, 2025.

Merger Timeline

A definitive agreement has been signed between RYVYL (NASDAQ: RVYL) and Roundtable. Closing remains subject to shareholder approval and standard regulatory review.

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Merger Expected to Close, Pending SEC Approval

Founders, Board Leadership - Industry Pioneers

Roundtable co-founders and strategic partners include Digital media legend, James Heckman - architect of 10 digital media networks, one of the only software Founder/CEO’s founding multiple, sustainable, profitable tech businesses - with 100% sustainable, profitable track record. Co-Founder Eyal Hertzog is the inventor and patent holder of DeFi technology (AMA and Liquidity Pool); Chair Walton Comer is XBTO co-founder, Lucid Holdings co-founder, which sold to CINT for nearly $1 billion, and founding investor of Deribit, recently sold to Coinbase for over $3 billion; Aly Madhavji, Managing Partner of Blockchain Founders Fund - leads the industry with over 200 blockchain tech investments; David Bailey, CEO of Nakamoto, Bitcoin Conference and Bitcoin Magazine; Mike Alexander, former CEO of Jefferies Asia and CEO of Bullish’s EOS Venture Capital Fund; W. Graeme Roustan, co-founder, former Chair of Bauer, True Sports and The Hockey News CEO; and Brock Pierce, Tether co-founder and Blockchain visionary. RYVYL finance, legal and compliance team will remain with going-forward, merged business.

About Roundtable (RTB Digital, Inc.)

Roundtable is a Web3, digital media SaaS platform platform, providing white-label, full stack distribution, syndication, community, publishing, reporting and monetization for major media and professional brands - powered by a digital liquidity pool, integrated into the platform. Roundtable is led by Industry pioneers leading global scale, digital media and Blockchain technology. Visit RTB.io.

About RYVYL

RYVYL Inc. (NASDAQ: RVYL) operates a digital payment processing business enabling transactions around the globe, including payment solutions for underserved markets. RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection, and rapid speed to settlement. www.ryvyl.com

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 Nov 24, 2025, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.