Shares of Ryvyl Inc. (NASDAQ: RVYL) saw a dramatic pre-market rally on Friday, reflecting renewed investor confidence following recent corporate developments.
The California-based fintech company’s shares jumped 72.14% to $9.02, building on a 10.32% gain to $5.24 during the previous trading session, according to ABBO Pro data. Despite the surge, Ryvyl’s market capitalization remains $5.4 million, with shares still down nearly 30% over the past month and 90% over the past year.
Nasdaq Compliance Restored
This investor optimism follows Ryvyl’s announcement that it now meets Nasdaq’s minimum $1.00 bid price standard under Listing Rule 5550(a)(2). Nasdaq provided written confirmation that the stock maintained a closing bid price above $1 for 10 consecutive business days, from January 2 to January 15, 2026.
This milestone ensures Ryvyl remains listed on Nasdaq, thereby bolstering market confidence and stabilizing trading conditions.
Merger With RTB Digital Inc. Moves Forward
In addition, Ryvyl has advanced its planned merger with media technology company RTB Digital Inc. The company filed a Form S-4 registration statement with the SEC. According to the filing, all material conditions for the transaction have been satisfied.
The merger now awaits approval from the SEC and customary closing requirements. Moreover, Ryvyl emphasized that its capital structure will remain unchanged, preserving continuity for shareholders.
Reverse Stock Split Implemented
Furthermore, Ryvyl recently implemented a 1-for-35 reverse stock split, effective January 1, 2026. The stock began trading on a split-adjusted basis on January 2 under the same ticker, RVYL, with a new CUSIP number: 39366L406.
Under the split, every 35 pre-split shares were converted into one new share, while the $0.001 par value remained unchanged. The adjustment was designed to increase the per-share market price, making the stock more attractive to investors and ensuring continued compliance with Nasdaq rules.
Market Outlook
Taken together, these developments—Nasdaq compliance, merger progress, and the reverse stock split—have fueled heightened investor attention. Although Ryvyl has faced long-term declines, the recent pre-market surge suggests renewed interest and potential momentum.
Shareholders and analysts will closely watch SEC approval and trading performance in the coming weeks to gauge the company’s near-term trajectory.
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