RYVYL shares slide after board approves 1-for-35 reverse split

RYVYL shares fell over 11% premarket after the board approved a 1-for-35 reverse stock split to regain Nasdaq $1 minimum bid compliance. The split takes effect January 1, 2026, with split-adjusted trading starting January 2. The move follows a delisting notice and comes as RYVYL continues to struggle with weak financial performance.