Ryvyl Merger Partner RTB Digital Signs Deal To Take Control Of Industry Company, Puts Down $10M Deposit For Strategic Acquisition Ahead Of Merger

RTB Digital, Inc. has signed a Strategic Partnerships and Investment Terms Agreement to acquire a controlling interest in a strategically aligned company, as part of its proposed merger with Ryvyl, Inc., which will become the surviving entity. RTB paid a non-refundable deposit of $10 million as part of the agreement, which will be applied to the final purchase price. Certain terms of the agreement are still under negotiation and are expected to be finalized within 30 days, with additional conditions including funding and debt assumption by RTB.