Ryvyl Securities Litigation Settlement Class Certified, Hearing Scheduled.

A securities class action lawsuit has been filed against Ryvyl Inc., formerly known as Greenbox POS, and several individual defendants. The lawsuit alleges violations of securities laws and seeks damages for investors who purchased the company's stock between May 13, 2021, and January 20, 2023. A proposed settlement has been reached, and a fairness hearing will be held to determine its approval. The settlement will be administered by Simpluris, Inc.

A securities class action lawsuit has been filed against Ryvyl Inc., formerly known as Greenbox POS, and several individual defendants. The lawsuit alleges violations of securities laws and seeks damages for investors who purchased the company's stock between May 13, 2021, and January 20, 2023. A proposed settlement has been reached, and a fairness hearing will be held to determine its approval. The settlement will be administered by Simpluris, Inc.

The proposed settlement, valued at $300,000 in cash and 700,000 shares of Ryvyl common stock, aims to resolve all claims in the lawsuit. The settlement includes a fairness hearing scheduled for December 19, 2025, at 1:30 p.m. PT, before the Honorable Gonzalo P. Curiel at the United States District Court for the Southern District of California.

Investors who purchased the publicly traded common stock of Ryvyl Inc. (NASDAQ: RVYL) and/or Greenbox POS (NASDAQ: GBOX) during the specified period and were damaged thereby are eligible to participate in the settlement. To be eligible, investors must submit a claim form postmarked or received no later than December 27, 2025. Failure to submit a proper claim form will result in the investor not being eligible to share in the distribution of the net proceeds of the settlement.

Investors who wish to exclude themselves from the settlement class must submit a request for exclusion by November 28, 2025. Any objections to the proposed settlement, the proposed plan of allocation, or the motion for attorneys' fees and reimbursement of expenses must be delivered to the claims administrator by November 28, 2025.

The settlement administrator, Simpluris, Inc., has been appointed by the court to handle the settlement process. The claims administrator can be contacted at [Ryvyl Securities Settlement, c/o Claims Administrator, P.O. Box 25419, Santa Ana, CA 92799, 1-833-360-6785](https://www.morningstar.com/news/pr-newswire/20250922la71678/if-you-purchased-the-publicly-traded-common-stock-of-ryvyl-inc-nasdaq-rvyl-andor-greenbox-pos-nasdaq-gbox-between-may-13-2021-and-january-20-2023-you-may-be-eligible-to-participate-in-a-proposed-class-action-settlement) for more information and to obtain the notice and claim form.

If you purchased the publicly traded common stock of Ryvyl Inc. (NASDAQ: RVYL) and/or Greenbox POS (NASDAQ: GBOX) between May 13, 2021, and January 20, 2023, you may be eligible to participate in a proposed class action settlement.^[1] https://www.morningstar.com/news/pr-newswire/20250922la71678/if-you-purchased-the-publicly-traded-common-stock-of-ryvyl-inc-nasdaq-rvyl-andor-greenbox-pos-nasdaq-gbox-between-may-13-2021-and-january-20-2023-you-may-be-eligible-to-participate-in-a-proposed-class-action-settlement