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RTB Digital Begins Trading on Nasdaq After RYVYL Merger Completion

At a glance

  • RYVYL and RTB Digital completed their merger on May 12, 2026.
  • The combined company now operates as RTB Digital, Inc.
  • Shares began trading under the symbol "RTB" on May 13, 2026.

The completion of the business combination between RYVYL Inc. and RTB Digital, Inc. marks a change in corporate structure and public trading status for the merged entity. The new company, RTB Digital, Inc., now trades on the Nasdaq Capital Market under a new ticker symbol.

On September 28, 2025, RYVYL Inc., its wholly owned subsidiary RYVYL Merger Sub Inc., and RTB Digital, Inc. entered into an agreement for a merger. Under the terms, RYVYL Merger Sub merged with and into RTB Digital, with RTB Digital continuing as a wholly owned subsidiary of RYVYL.

Approval for the merger and related transactions was granted by RYVYL stockholders on April 1, 2026. This step allowed the companies to proceed with the planned combination and corporate changes.

Nasdaq approved the listing of the post-merger company’s common stock on the Nasdaq Capital Market on May 11, 2026. On the same day, RYVYL filed a certificate of amendment to change its corporate name to RTB Digital, Inc.

What the numbers show

  • Approximately 13.2 million shares were outstanding after the merger.
  • About 11.2 million shares (85%) are subject to a one-year lock-up.
  • Roughly 2 million shares are available for trading post-merger.

The business combination was completed on May 12, 2026, with the merged company officially adopting the RTB Digital, Inc. name. This action finalized the transition to the new corporate identity and structure.

Trading of the post-merger company’s common stock under the ticker symbol "RTB" began on May 13, 2026, on the Nasdaq Capital Market. The company now operates as RTB Digital, Inc., reflecting both the merger and the rebranding process.

Following the merger, the company reported that its balance sheet is sufficient to support operations for more than one year. This statement was included in a press release issued after the merger was completed.

Approximately 13.2 million shares are outstanding, with the majority under a lock-up agreement for one year and a staged release thereafter. Around 2 million shares are available for trading, according to information provided by the company and Nasdaq.

* This article is based on publicly available information at the time of writing.