# EDGAR Filing Document

**Accession Number:** 0001419275
**File Stem:** 0002007631-25-000008
**Filing Date:** 2025-12
**Character Count:** 7425
**Document Hash:** 75ba4787483bc207aa09b8e5917fe9d9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002007631-25-000008.hdr.sgml**: 20251205

**ACCESSION NUMBER**: 0002007631-25-000008

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251205

**DATE AS OF CHANGE**: 20251205

**SUBJECT COMPANY**: 

**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

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-91720
- **FILM NUMBER:** 251552197

**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
**FILED BY**: 

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

**ORGANIZATION NAME:**
- **EIN:** 990497845
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D

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

### Attached PDF Documents

**Attachment 1:** `POAsigned.pdf`

_No text found in this document._

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

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**RYVYL Inc.**

*(Name of Issuer)*

**Series C Convertible Preferred Stock**

*(Title of Class of Securities)*

**39366L307**

*(CUSIP Number)*

**Josh Lawler**<br>2029 Century Park E.<br>Suite 400<br>Los Angeles CA 90067<br>2135965620

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**10/07/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **39366L307** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**RTB DIGITAL INC.** | Name of reporting person<br>**RTB DIGITAL INC.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**12500000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**50000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**12500000.00** | Aggregate amount beneficially owned by each reporting person<br>**12500000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**100.0%** | Percent of class represented by amount in Row (11)<br>**100.0%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Series C Convertible Preferred Stock

**(b) Name of Issuer:**
RYVYL Inc.

**(c) Address of Issuer's Principal Executive Offices:**
3131 CAMINO DEL RIO NORTH, SUITE 1400, SAN DIEGO, CA, 92108

**Item 4. Purpose of Transaction**

RTB Digital acquired the 50,000 shares of RYVYL Series C Preferred Stock as part of a planned reverse merger transaction with RYVYL Inc. pursuant to the Agreement and Plan of Merger dated September 28, 2025 (the "Merger Agreement").

**Item 5. Interest in Securities of the Issuer**

**(a)**
Aggregate Number: 12,500,000
Percentage: 100%

**(b)**
Sole Voting Power: 12,500,000 votes on an as-converted basis

**(c)**
RTB Digital entered into a Securities Purchase Agreement with RYVYL Inc. dated October 6, 2025, and closed the transaction on October 7, 2025. The Reporting Person acquired 50,000 shares of Series C Convertible Preferred Stock of the Issuer pursuant to the 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.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

N/A

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** RTB DIGITAL INC.

**Signature:** Giorgia Giordani

**Name/Title:** Law Clerk c/o Zuber Lawler LLP - PoA attached

**Date:** 12/05/2025