Ryvyl (RVYL, Financial) is actively engaged in discussions to renegotiate the terms of a pre-funded asset sale involving its Ryvyl EU subsidiary. The aim is to potentially restructure the existing agreement, although the outcome remains uncertain.
A standstill period has been initiated by the buyer, lasting from April 23 to May 6, as negotiations continue. Ryvyl has secured the option to extend this period by an additional 21 days until May 27, contingent on a payment of $750,000, which must be made by May 6.
The company initially entered an agreement on January 24 for a funding arrangement valued at $15 million, structured as a pre-funded asset sale that included a 90-day closing window. The agreement allowed for termination before April 23 if Ryvyl made a payment of $16.5 million. During the standstill period, shares of the Ryvyl EU subsidiary will remain held in escrow.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Ryvyl Inc (RVYL, Financial) is $2.75 with a high estimate of $2.75 and a low estimate of $2.75. The average target implies an upside of 180.61% from the current price of $0.98. More detailed estimate data can be found on the Ryvyl Inc (RVYL) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Ryvyl Inc's (RVYL, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Ryvyl Inc (RVYL, Financial) in one year is $5.91, suggesting a upside of 503.06% from the current price of $0.98. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Ryvyl Inc (RVYL) Summary page.
