# EDGAR Filing Document

**Accession Number:** 0001419275
**File Stem:** 0002007631-25-000011
**Filing Date:** 2025-12
**Character Count:** 8853
**Document Hash:** e28b13c82dbcd0baa6749cb0d49d92d6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002007631-25-000011.hdr.sgml**: 20251205

**ACCESSION NUMBER**: 0002007631-25-000011

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251007

**FILED AS OF DATE**: 20251205

**DATE AS OF CHANGE**: 20251205

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** RTB DIGITAL INC.
- **CENTRAL INDEX KEY:** 0002007631

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-34294
- **FILM NUMBER:** 251553282

**BUSINESS ADDRESS:**
- **STREET 1:** 5465 43RD AVENUE WEST
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98199
- **BUSINESS PHONE:** 206-390-5428

**MAIL ADDRESS:**
- **STREET 1:** 5465 43RD AVENUE WEST
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98199

**FORMER NAME:**
- **FORMER CONFORMED NAME:** ROUNDTABLE MEDIA, INC. - DE
- **DATE OF NAME CHANGE:** 20240110
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RYVYL Inc.
- **CENTRAL INDEX KEY:** 0001419275
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MANAGEMENT CONSULTING SERVICES [8742]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 3131 CAMINO DEL RIO NORTH, SUITE 1400
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92108
- **BUSINESS PHONE:** 619-631-8261

**MAIL ADDRESS:**
- **STREET 1:** 3131 CAMINO DEL RIO NORTH, SUITE 1400
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92108

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GreenBox POS
- **DATE OF NAME CHANGE:** 20190222

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GreenBox POS, LLC
- **DATE OF NAME CHANGE:** 20180613

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ASAP Expo, Inc.
- **DATE OF NAME CHANGE:** 20071123

## Ex-24

```

POWER OF ATTORNEY
The undersigned, RTB DIGITAL INC., a Delaware corporation with a
place of business at 4300 University Way NE, Suite C, Seattle,
WA 98105, hereby constitutes and appoints Josh Lawler and Ben
Snipes, each an attorney at Zuber Lawler LLP, and Giorgia
Giordani, a Law Clerk at Zuber Lawler LLP, with offices at 260
Madison Avenue, Suite 8021, New York, NY 10016, and at 2029
Century Park E. Suite 400, Los Angeles, CA 90067, as the
undersigned?s true and lawful attorneys-in-fact to:
(1)	act as the undersigned's account administrator and
manage the undersigned's EDGAR account;
(2)	execute for and on behalf of the undersigned the Form3
and Form13(d);
(3)	do and perform any and all acts for and on behalf of
the undersigned which may be necessary or desirable to
complete and execute Form 3 and Form 13(d), complete and
execute any amendment or amendments thereto, and timely
file such forms with the United States Securities and
Exchange Commission and any stock exchange or similar
authority.
The undersigned hereby grants to such attorney-in-fact full
power and authority to do and perform any and every act and
thing whatsoever requisite, necessary, or proper to be done in
the exercise of any of the rights and powers herein granted, as
fully to all intents and purposes as the undersigned might or
could do if personally present, with full power of substitution
or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or
substitutes, shall lawfully do or cause to be done by virtue of
this power of attorney and the rights and powers herein granted.
The undersigned acknowledges that the foregoing attorney-in-
fact, in serving in such capacity at the request of the
undersigned, is not assuming, nor is the undersigned relieving
such attorney-in-fact of, any of the undersigned's
responsibilities to comply with Section 16 of the Exchange Act.
This Power of Attorney is not intended and shall not be
construed to create an employer/employee relationship.
This Power of Attorney shall remain in full force and effect
until the undersigned is no longer required to file Form ID and
Form D with respect to the undersigned, unless earlier revoked
by the undersigned in a signed writing delivered to the
foregoing attorney-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of
Attorney to be executed as of 12/3/2025.

RTB DIGITAL INC.
By: /Bill Sornsin/
Name: Bill Sornsin
Title: Chief Operating Officer
	1

```

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>RTB DIGITAL INC.<br><sub>(Last) (First) (Middle)</sub><br>5465 43RD AVENUE WEST<br><sub>(Street)</sub><br>SEATTLE, WA 98199<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>RYVYL Inc. [ RVVL ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-10-07 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Series C Convertible Preferred Stock | 50000 | D |  |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |

---

**Remarks:**
The Reporting Person acquired 50,000 shares of Series C Convertible Preferred Stock of the Issuer pursuant to a Securities Purchase Agreement dated October 6, 2025. The Series C Convertible Preferred Stock is convertible into shares of Common Stock at a Conversion Price of $0.40 per share, subject to adjustment.

Pursuant to Section 6(d) of the Certificate of Designation of Preferences, Rights and Limitations of Series C Convertible Preferred Stock filed with the Nevada Secretary of State, the Reporting Person was subject to a Beneficial Ownership Limitation that prohibited conversion of the Preferred Stock to the extent such conversion would result in the Reporting Person, together with its affiliates and attribution parties, beneficially owning in excess of 4.99% of the outstanding shares of Common Stock.

Under Section 6(d) of the Certificate of Designation, any increase in the Beneficial Ownership Limitation is not effective until the 61st day after written notice is delivered to the Issuer. On October 6, 2025, the Reporting Person delivered notice to the Issuer requesting increase of the Beneficial Ownership Limitation. Such increase will become effective on December 6, 2025, being the 61st day following delivery of such notice. On such date, the Reporting Person will first acquire the right to convert shares of Preferred Stock within 60 days such that the Reporting Person would beneficially own more than 5% of the outstanding Common Stock, thereby triggering the obligation to file this Schedule 13D.

**Signature:** Giorgia Giordani, Law Clerk c/o Zuber Lawler LLP  
**Date:** 2025-12-05

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**