NASDAQ notified RYVYL Inc. it met shareholder equity requirements, avoiding delisting before merging with RTB Digital. Roundtable, a Web3 SaaS platform, joins RYVYL’s global payment processing. A $75 million merger will combine Roundtable’s tech with RYVYL’s infrastructure, closing by year-end. RYVYL seeks approval for a 15:1 reverse stock split. Stock rose 12%.

Roundtable’s Bitcoin-powered liquidity pool differentiates it from crypto treasury mergers. CEO Heckman emphasizes Roundtable’s fully funded SaaS model. Strategic partners include industry leaders like Walton Comer and Brock Pierce. Eyal Hertzog brings blockchain expertise to create a decentralized media ecosystem.

Once the merger is complete, Heckman will lead as CEO of RTB Digital, Inc. Walton Comer will serve as Chairman, and the company will rebrand as Roundtable. Six new directors will be appointed, with Heckman’s extensive media experience driving the company’s direction. Disclosure: Roundtable has a financial interest in discussed securities.

Read more at Yahoo Finance: RYVYL stock surges 12% after NASDAQ greenlight ahead of merger announcement