RYVYL Extends its Obligation to Repay Convertible Note to April 2026
Ryvyl (RVYL) Newsfilter·2024-05-20 20:00
SAN DIEGO, CA, May 20, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ:RVYL) ("RYVYL" or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for diverse international markets, entered into an Agreement with an existing noteholder (the "Noteholder") of its 8% Senior Convertible Note (the "Note"), pursuant to which the Noteholder agreed to further forbear RYVYL's repayment obligation under the Note to April 5, 2026. Under ...