Ryvyl Inc. Loss Submission Form

Company: Ryvyl Inc. f/k/a GreenBox POS

Ticker: (NASDAQ) RVYL

Deadline

Passed

Lead Plaintiff Deadline: April 03, 2023

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Allegations

The filed complaint alleges that Ryvyl Inc. f/k/a GreenBox POS made materially false and/or misleading statements and/or failed to disclose that:

(1) Ryvyl downplayed serious issues with its internal controls; (2) Ryvyl’s financial statements for December 31, 2021 through and including interim periods ended September 30, June 30, and March 31, 2022 contained errors resulting in overstatements of revenue, assets, and stockholders’ equity and understatements of losses; (3) as a result, Ryvyl would need to restate its previously issued financial statements for those periods; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.