Here is some news about Ryvyl Inc.:
- Financial Performance: Ryvyl Inc. reported a loss of $2.8 million in its first quarter, with a per-share loss of 33 cents. However, losses adjusted for restructuring costs were 29 cents per share. The company posted revenue of $15.1 million during the period1.
- Stock Surge: Ryvyl's stock experienced a significant surge, increasing by nearly 78% to $1.02 on May 26, 2025, with unusually high trading volume. This dramatic move occurred despite no company-specific news to explain it2.
- Restructuring Negotiations: Ryvyl has ceased negotiations to restructure its pre-funded asset sale, with the buyer intending to close the sale. This restructuring was initially planned to restructure the terms of the asset sale of its EU subsidiary34.
- Business Focus: Ryvyl continues to focus on providing payment acceptance and disbursement capabilities across North America, Europe, and Asia. The company offers a dual-sided platform for businesses, treasury management services, and various payment solutions5.
In conclusion, Ryvyl Inc. has recently reported financial losses but has seen a significant stock price increase. The company is actively involved in restructuring negotiations and continues to focus on expanding its payment solutions globally.
6/5/2025 12:57am
