Roundtable CEO James Heckman and RYVYL Secure NASDAQ Listing: Direct Equity Investment and Reverse Split Paving the Way for Merger
Overview
San Diego, CA – October 15, 2025 – In a significant development for RYVYL Inc. (NASDAQ: RVYL), CEO James Heckman announced today that the company has met NASDAQ’s required shareholder equity threshold, eliminating previous delisting risks. This achievement comes ahead of the anticipated merger with Roundtable, a strategic move set to bolster both companies’ positions in the digital media landscape.
Key Developments Affecting NASDAQ Listing
– Shareholder Equity Compliance: RYVYL received notification from NASDAQ confirming that it has satisfied the necessary shareholder equity requirements. This critical compliance clears the path for the merger and strengthens RYVYL’s balance sheet.
– Direct Equity Investment: Roundtable’s capital investment provides essential funds to RYVYL, ensuring long-term stability and compliance with NASDAQ listing requirements.
– Reverse Stock Split Proposal: RYVYL management is seeking shareholder approval for a proposed 15:1 reverse stock split during the upcoming Annual Meeting scheduled for October 30, 2025. This move aims to comply with NASDAQ’s minimum share price requirement well ahead of the December 9, 2025, deadline.
Strategic Insights from Leadership
James Heckman emphasized the importance of transparent communication with RYVYL investors:
– Distinct Operational Model: Unlike many recently announced “crypto-treasury” transactions, Roundtable functions as a fully funded enterprise-SaaS platform. Heckman stressed that no investor capital is held in escrow, differentiating RYVYL’s approach in an evolving market.
– Web3 Media Platform Expansion: The company is already generating revenue through partnerships with major entities like Yahoo and TheStreet, effectively reaching millions of media consumers monthly.
– Competitive Advantage: “Our Bitcoin-powered liquidity pool acts as a unique selling point for our Web3 SaaS platform,” stated Heckman, highlighting its role in enabling financial control for partners and journalists.
Roundtable’s Revolutionary “DeWeb” Platform
Roundtable’s co-founder, Eyal Hertzog, designed the innovative “DeWeb” platform to restore intellectual property (IP) and financial control for media entities. Key features include:
– Enhanced Security and Data Control: Media organizations have historically struggled with revenue transparency and data ownership. The “DeWeb” platform aims to rectify these issues by offering:
– Decentralized reporting
– Encrypted IP and audience data storage
– Automated syndication capabilities
– Support for Content Creators: By allowing media companies to reclaim ownership and monetization potential, the “DeWeb” platform provides a fresh approach in the face of challenges from AI-driven content appropriation.
Leadership and Innovation
Heckman and Hertzog are backed by a team of pioneers in digital media and blockchain:
– World-Class Team: Together with Bill Sornsin and other experts, Heckman and Hertzog are at the forefront of redefining media distribution through blockchain technology.
– Proven Track Record: Heckman brings extensive experience from previous ventures that have successfully transformed the digital media landscape, including pivotal roles at Yahoo! and Fox Interactive.
Merger and Future Plans
The definitive merger agreement between Roundtable and RYVYL is a strategic milestone:
– Timeline: The proxy statement for the merger is expected to be mailed in October, with a special shareholder meeting planned for Q4 2025 to vote on the merger and related proposals.
– Leadership Post-Merger: Once finalized, Heckman will be CEO, Walton Comer will assume the role of Chairman, and other strategic appointments will be made to the board to guide the newly formed company.
– Rebranding: Following the merger, the combined entity will operate under the name RTB Digital, Inc., enhancing its branding while focusing on the evolution of digital media solutions.
Conclusion
The merger between Roundtable and RYVYL marks an exciting chapter in the digital media landscape, positioning both companies to leverage their combined expertise in Web3 technologies. With a firm footing on the NASDAQ and a clear vision for the future, James Heckman and his team are not only securing their operational success but are also paving the way for a more decentralized and transparent media industry. As this strategic alliance unfolds, stakeholders and investors should remain attentive to how the “DeWeb” platform reshapes the dynamics of media ownership and monetization in a rapidly digitalizing world.