[SCHEDULE 13G/A] Ryvyl Inc. SEC Filing
RYVYL Inc. common stock is the subject of a Schedule 13G/A filed by CVI Investments, Inc. and Heights Capital Management, Inc. The filing reports that neither reporting person beneficially owns any shares of the company鈥檚 common stock and that the aggregate amount beneficially owned is 0 shares (0% of the class).
The filing also discloses that Heights Capital Management serves as investment manager to CVI Investments and therefore may be deemed to have voting and dispositive power with respect to any shares owned by CVI. Each reporting person disclaims beneficial ownership of such shares except for any pecuniary interest.
RYVYL Inc. azioni ordinarie sono oggetto di un Schedule 13G/A depositato da CVI Investments, Inc. e Heights Capital Management, Inc. Nel deposito si dichiara che nessuno dei soggetti che presentano la segnalazione possiede beneficiariamente azioni della societ脿 e che l'ammontare complessivo detenuto 猫 di 0 azioni (0% della categoria).
Il documento specifica inoltre che Heights Capital Management agisce come gestore degli investimenti per CVI Investments e pertanto pu貌 essere considerata titolare del potere di voto e di disposizione sulle eventuali azioni detenute da CVI. Ciascun soggetto segnalante rinuncia alla propriet脿 beneficiaria di tali azioni, salvo qualsiasi interesse pecuniario.
RYVYL Inc. acciones ordinarias son objeto de un Schedule 13G/A presentado por CVI Investments, Inc. y Heights Capital Management, Inc. El informe indica que ninguno de los informantes posee beneficiariamente acciones de la compa帽铆a y que la participaci贸n agregada es de 0 acciones (0% de la clase).
El documento tambi茅n revela que Heights Capital Management act煤a como gestor de inversiones de CVI Investments y, por tanto, podr铆a considerarse que tiene poder de voto y de disposici贸n sobre las acciones en poder de CVI. Cada informante renuncia a la propiedad beneficiaria de dichas acciones, salvo cualquier inter茅s pecuniario.
RYVYL Inc. 氤错喌欤茧姅 CVI Investments, Inc.鞕� Heights Capital Management, Inc.臧� 鞝滌稖頃� Schedule 13G/A鞚� 雽�靸侅瀰雼堧嫟. 鞝滌稖靹滌棎電� 氤搓碃鞚鸽摛 欷� 鞏措姁 雸勱惮霃� 須岇偓鞚� 氤错喌欤茧ゼ 鞁れ鞝侅溂搿� 靻岇湢頃橁碃 鞛堨 鞎婌溂氅�, 齑� 氤挫湢霟夓澊 0欤�(鞝勳泊鞚� 0%)霛缄碃 旮办灛霅橃柎 鞛堨姷雼堧嫟.
鞝滌稖靹滌棎電� 霕愴暅 Heights Capital Management臧� CVI Investments鞚� 韴瀽甏�毽瀽搿滌劀 CVI臧� 氤挫湢頃� 欤检嫕鞐� 雽�頃� 韴憸 氚� 觳橂秳 甓岉暅鞚� 臧�歆� 瓴冹溂搿� 臧勳＜霅� 靾� 鞛堧嫟瓿� 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. 臧� 氤搓碃鞚胳潃 旮堨爠鞝� 鞚挫澋鞚� 鞝滌櫢頃橁碃 頃措嫻 欤检嫕鞐� 雽�頃� 鞁れ鞝� 靻岇湢甓岇潉 攵�鞚疙暕雼堧嫟.
RYVYL Inc. actions ordinaires font l'objet d'un Schedule 13G/A d茅pos茅 par CVI Investments, Inc. et Heights Capital Management, Inc. Le d茅p么t indique qu'aucune des personnes d茅clarante ne poss猫de b茅n茅ficiairement d'actions de la soci茅t茅 et que le nombre total d茅tenu est de 0 actions (0% de la cat茅gorie).
Le d茅p么t pr茅cise 茅galement que Heights Capital Management agit en tant que gestionnaire d'investissement pour CVI Investments et, de ce fait, pourrait 锚tre consid茅r茅 comme ayant le pouvoir de vote et de disposition sur les actions d茅tenues par CVI. Chaque personne d茅clarante d茅cline la propri茅t茅 b茅n茅ficiaire de ces actions, 脿 l'exception de tout int茅r锚t p茅cuniaire.
RYVYL Inc.-Stammaktien sind Gegenstand einer Schedule 13G/A, die von CVI Investments, Inc. und Heights Capital Management, Inc. eingereicht wurde. Die Einreichung stellt fest, dass keiner der meldenden Parteien wirtschaftlich Anteile an den Stammaktien des Unternehmens besitzt und dass die insgesamt wirtschaftlich gehaltene Menge 0 Aktien (0% der Klasse) 产别迟谤盲驳迟.
Weiterhin legt die Einreichung offen, dass Heights Capital Management als Investmentmanager f眉r CVI Investments t盲tig ist und daher als Inhaber von Stimm- und Verf眉gungsgewalt angesehen werden k枚nnen hinsichtlich etwaiger von CVI gehaltener Aktien. Jede meldende Partei bestreitet die wirtschaftliche Eigent眉merschaft an diesen Aktien, abgesehen von etwaigen pecuni盲ren Interessen.
- Clear disclosure of beneficial ownership showing 0 shares (0%), which promotes transparency for investors
- Identifies investment manager relationship between Heights Capital and CVI Investments, clarifying potential voting/dispositive authority
- None.
Insights
TL;DR: Routine disclosure showing no beneficial ownership and clarifying manager/asset owner relationship; not material to control.
The filing is a straightforward disclosure under the Schedule 13G/A framework. It reports zero beneficial ownership by both CVI Investments and Heights Capital, while explicitly noting the manager-client relationship by which Heights Capital could be viewed as having voting or dispositive power over CVI-held shares. From a governance perspective this clarifies potential influence pathways but, given the 0% stake, it does not indicate any control or influence risk for investors.
TL;DR: No economic position disclosed; filing is informational and unlikely to affect market valuation or shareholder dynamics.
The Schedule 13G/A provides required transparency by naming the reporting entities and stating holdings of 0 shares (0%). The note that Heights Capital is the investment manager to CVI Investments explains why voting/dispositive power language appears, but the lack of any reported holdings means there is no direct economic exposure or change in ownership to analyze. This filing is informational and not a market-moving disclosure.
RYVYL Inc. azioni ordinarie sono oggetto di un Schedule 13G/A depositato da CVI Investments, Inc. e Heights Capital Management, Inc. Nel deposito si dichiara che nessuno dei soggetti che presentano la segnalazione possiede beneficiariamente azioni della societ脿 e che l'ammontare complessivo detenuto 猫 di 0 azioni (0% della categoria).
Il documento specifica inoltre che Heights Capital Management agisce come gestore degli investimenti per CVI Investments e pertanto pu貌 essere considerata titolare del potere di voto e di disposizione sulle eventuali azioni detenute da CVI. Ciascun soggetto segnalante rinuncia alla propriet脿 beneficiaria di tali azioni, salvo qualsiasi interesse pecuniario.
RYVYL Inc. acciones ordinarias son objeto de un Schedule 13G/A presentado por CVI Investments, Inc. y Heights Capital Management, Inc. El informe indica que ninguno de los informantes posee beneficiariamente acciones de la compa帽铆a y que la participaci贸n agregada es de 0 acciones (0% de la clase).
El documento tambi茅n revela que Heights Capital Management act煤a como gestor de inversiones de CVI Investments y, por tanto, podr铆a considerarse que tiene poder de voto y de disposici贸n sobre las acciones en poder de CVI. Cada informante renuncia a la propiedad beneficiaria de dichas acciones, salvo cualquier inter茅s pecuniario.
RYVYL Inc. 氤错喌欤茧姅 CVI Investments, Inc.鞕� Heights Capital Management, Inc.臧� 鞝滌稖頃� Schedule 13G/A鞚� 雽�靸侅瀰雼堧嫟. 鞝滌稖靹滌棎電� 氤搓碃鞚鸽摛 欷� 鞏措姁 雸勱惮霃� 須岇偓鞚� 氤错喌欤茧ゼ 鞁れ鞝侅溂搿� 靻岇湢頃橁碃 鞛堨 鞎婌溂氅�, 齑� 氤挫湢霟夓澊 0欤�(鞝勳泊鞚� 0%)霛缄碃 旮办灛霅橃柎 鞛堨姷雼堧嫟.
鞝滌稖靹滌棎電� 霕愴暅 Heights Capital Management臧� CVI Investments鞚� 韴瀽甏�毽瀽搿滌劀 CVI臧� 氤挫湢頃� 欤检嫕鞐� 雽�頃� 韴憸 氚� 觳橂秳 甓岉暅鞚� 臧�歆� 瓴冹溂搿� 臧勳＜霅� 靾� 鞛堧嫟瓿� 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. 臧� 氤搓碃鞚胳潃 旮堨爠鞝� 鞚挫澋鞚� 鞝滌櫢頃橁碃 頃措嫻 欤检嫕鞐� 雽�頃� 鞁れ鞝� 靻岇湢甓岇潉 攵�鞚疙暕雼堧嫟.
RYVYL Inc. actions ordinaires font l'objet d'un Schedule 13G/A d茅pos茅 par CVI Investments, Inc. et Heights Capital Management, Inc. Le d茅p么t indique qu'aucune des personnes d茅clarante ne poss猫de b茅n茅ficiairement d'actions de la soci茅t茅 et que le nombre total d茅tenu est de 0 actions (0% de la cat茅gorie).
Le d茅p么t pr茅cise 茅galement que Heights Capital Management agit en tant que gestionnaire d'investissement pour CVI Investments et, de ce fait, pourrait 锚tre consid茅r茅 comme ayant le pouvoir de vote et de disposition sur les actions d茅tenues par CVI. Chaque personne d茅clarante d茅cline la propri茅t茅 b茅n茅ficiaire de ces actions, 脿 l'exception de tout int茅r锚t p茅cuniaire.
RYVYL Inc.-Stammaktien sind Gegenstand einer Schedule 13G/A, die von CVI Investments, Inc. und Heights Capital Management, Inc. eingereicht wurde. Die Einreichung stellt fest, dass keiner der meldenden Parteien wirtschaftlich Anteile an den Stammaktien des Unternehmens besitzt und dass die insgesamt wirtschaftlich gehaltene Menge 0 Aktien (0% der Klasse) 产别迟谤盲驳迟.
Weiterhin legt die Einreichung offen, dass Heights Capital Management als Investmentmanager f眉r CVI Investments t盲tig ist und daher als Inhaber von Stimm- und Verf眉gungsgewalt angesehen werden k枚nnen hinsichtlich etwaiger von CVI gehaltener Aktien. Jede meldende Partei bestreitet die wirtschaftliche Eigent眉merschaft an diesen Aktien, abgesehen von etwaigen pecuni盲ren Interessen.
FAQ
What does the Schedule 13G/A filed for RVYL disclose about ownership?
Does Heights Capital have voting or dispositive power over CVI's RVYL shares?
Is any party reported as owning more than 5% of RVYL in this filing?
Who filed the Schedule 13G/A for RVYL and who signed it?
Does the filing claim any intent to influence control of the issuer (RVYL)?
