Algorhythm Holdings, INC

Algorhythm Holdings, Inc. has entered into a settlement agreement to resolve outstanding liabilities and has amended employment contracts for its CEO and CFO.

Algorhythm Holdings, Inc. received a notification from Nasdaq indicating it no longer meets the minimum bid price requirement for continued listing.

Algorhythm Holdings, Inc. has regained compliance with Nasdaq's minimum stockholders' equity requirement of $2.5 million.

Algorhythm Holdings, Inc. has entered into a forbearance agreement with SemiCab Inc. regarding a $1.75 million promissory note, extending payment deadlines.

Algorhythm Holdings, Inc. has defaulted on a $1.75 million promissory note, triggering an event of default and an increased interest rate.

Algorhythm Holdings, Inc. has released an updated corporate presentation for investor meetings and website posting, containing forward-looking statements.

Algorhythm Holdings reports a significant increase in net sales driven by its SemiCab AI logistics business, alongside a reduction in net loss for the first quarter of 2026.

Algorhythm Holdings reports increased Q3 revenue driven by its AI logistics business, but faces a wider net loss and going concern doubts after divesting its karaoke unit.

Algorhythm Holdings, Inc. reported mixed Q2 2025 results, marked by a strategic shift to AI logistics and a significant going concern warning.

Algorhythm Holdings' Q1 2025 results reveal a net loss driven by a non-cash warrant liability charge and a decrease in net sales, despite efforts to grow its SemiCab business.

Algorhythm Holdings, formerly The Singing Machine Company, reported a net loss for the quarter and nine-month period ending September 30, 2024, while undergoing a strategic shift towards AI-enabled logistics and addressing financial and legal challenges.

The Singing Machine Company reported a net loss of $6.119 million for the three months ended June 30, 2024, primarily due to a significant lease impairment and a decrease in net sales.

Algorhythm Holdings, an AI technology and consumer electronics holding company, reports a net loss for 2024, impacted by non-cash charges and strategic business developments.

The Singing Machine Company has filed its transition report on Form 10-KT, detailing a change in fiscal year-end, recent financial activities, and strategic shifts.

Algorhythm Holdings CFO & General Counsel Andre Alex has modified his stock option holdings, canceling existing awards and receiving new ones under the company's incentive plan.

Algorhythm Holdings, Inc. Director Scott Thorn was granted 19,532 restricted shares and options for 39,063 shares under the 2022 Equity Incentive Plan.

Algorhythm Holdings Director Bernardo Melo was granted restricted stock and stock options, with the Form 4 filing occurring significantly after the transaction date.

Algorhythm Holdings Director Harvey Judkowitz was granted 19,532 restricted shares and options to purchase an additional 19,532 shares under the company's 2022 Equity Incentive Plan.

Algorhythm Holdings, Inc. CEO Gary K. Atkinson was granted 740,597 non-qualified stock options with a $1.84 exercise price, vesting over four years.

Algorhythm Holdings' CFO and General Counsel, Alex Andre, was granted 233,791 non-qualified stock options with an exercise price of $1.84, vesting quarterly over four years.

Algorhythm Holdings, Inc. proposes a reverse stock split, reincorporation to Nevada, and approval for dilutive pre-paid financing shares amidst significant financial losses and declining stockholder returns.

Algorhythm Holdings is holding its 2024 virtual annual meeting on January 13, 2025, seeking stockholder approval for several key proposals including a reverse stock split, an increase in authorized shares, and amendments to its equity incentive plan.

Algorhythm Holdings, Inc. files an amendment to its S-1 registration statement to allow for the resale of up to 10,000,000 shares of common stock by Streeterville Capital, LLC.

Algorhythm Holdings, Inc. has filed a registration statement for the potential resale of up to 10,000,000 shares of common stock by Streeterville Capital, LLC.

Algorhythm Holdings is registering 10 million shares for resale as it transitions from karaoke products to an AI-driven logistics platform.

Algorhythm Holdings, Inc. is transitioning to focus solely on its AI-enabled logistics business, SemiCab, following the sale of its Singing Machine unit, while navigating significant financial challenges and recent capital raises.

Algorhythm Holdings has divested its karaoke business to focus on AI-enabled logistics, facing significant financial losses and a going concern warning.

Algorhythm Holdings is offering shares of common stock along with Series A and B warrants, aiming to raise capital and support its dual business units in AI logistics and consumer electronics.

Algorhythm Holdings, Inc. has repurchased 5,494 shares from Regalia Ventures, LLC, resulting in Regalia Ventures and Jay B. Foreman no longer holding a beneficial ownership of more than five percent of the company's common stock.

Stingray Group Inc. and its CEO Eric Boyko have significantly reduced their beneficial ownership in Algorhythm Holdings, Inc. to 0.1% after selling 5,494 shares back to the issuer.

Ionic Ventures, Ionic Management, Brendan O'Neil, and Keith Coulston have filed an exit statement indicating they no longer beneficially own more than 5% of Algorhythm Holdings' common stock.

L1 Capital Global Opportunities Master Fund, Ltd. has reduced its beneficial ownership in Algorhythm Holdings, Inc. to 4.99% of common stock.

Streeterville Capital LLC, along with its management and sole member John M. Fife, has reported a 9.99% beneficial ownership stake in Algorhythm Holdings, Inc. common stock.

Ionic Ventures, LLC and its affiliates filed an Amendment No. 2 to Schedule 13G, reporting a 9.9% beneficial ownership in Algorhythm Holdings, Inc. common stock.

S.H.N. Financial Investments Ltd. has filed an amended Schedule 13G indicating it no longer holds any beneficial ownership in Algorhythm Holdings, Inc., having previously held over 6 million shares.

L1 Capital Global Opportunities Master Fund, Ltd. has filed an amendment to its Schedule 13G, reporting a 9.99% beneficial ownership stake in Algorhythm Holdings, Inc. as of December 31, 2024.