{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-093703","form_type":"8-K","ticker":"RYM","cik":"0001800637","company_name":"RYTHM, Inc.","filed_at":"2023-12-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.513064+00:00","generated_at":"2026-06-07T17:20:17.607994+00:00","sec_items":["1.01","2.03","3.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Nasdaq notifies Agrify of equity non-compliance at -$17.2M; note limit raised to $4M","bullets":["Nasdaq notified Agrify that stockholders' equity of -$17.17M as of March 31, 2023, violates minimum $2.5M equity requirement (Rule 5550(b)(1)).","Company has a pending hearing with Nasdaq Panel regarding delisting; trading not immediately affected but risk remains.","Note amendment with CP Acquisitions (controlled by CEO) increases max loan amount from $3M to $4M, 10% interest, prepayable without penalty.","Company still delinquent on Q2 and Q3 2023 10-Qs; filed FY2022 10-K and Q1 2023 10-Q in November."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-093703","json":"https://secwatch.observer/filing/0001213900-23-093703.json","markdown":"https://secwatch.observer/filing/0001213900-23-093703.md","text":"https://secwatch.observer/filing/0001213900-23-093703.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1800637/000121390023093703/0001213900-23-093703-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1800637/000121390023093703/ea189579-8k_agrify.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T17:20:17.607994+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3433eb4f9dcee7fedb04d3f18e78a7a23666a6db","claim":"RYTHM, Inc. received a nasdaq delisting notice notice regarding late filing (rules 5250(c)(1)).","evidence_excerpt":"October 17, 2023, the Company received a Staff Delisting Determination (the “Staff Determination”) from the Listing Qualifications Department of Nasdaq notifying the Company that it was not in compliance with Nasdaq’s continued listing requirements as a result of its failure to file the Delinquent Reports in a timely manner. In connection with receipt of the Staff Determination, the Company timely requested a hearing with the Nasdaq Hearings Panel (the “Panel”) The Notice noted that the Panel will consider the Company’s non-compliance with the Listing Rule in making its determination regarding","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1800637/000121390023093703/0001213900-23-093703-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"delisting notice"},{"label":"Deficiency","value":"late filing"},{"label":"Rules","value":"5250(c)(1)"}],"fact_type":"exchange_compliance_notice"},{"claim_id":"cdd4a691f0e0c530e26eb4e4c11375239105112a","claim":"RYTHM, Inc. received a nasdaq noncompliance notice notice regarding stockholders equity (rules 5550(b)(1)).","evidence_excerpt":"December 1, 2023, the Company received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company reported stockholders’ equity of $(17.17) million in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, the Company is no longer in compliance with Nasdaq Listing Rule 5550(b)(1) (the “Listing Rule”), which requires that listed companies maintain a minimum of $2.5 million in stockholders’ equity. The notice has no immediate effect and will not immediately result in the suspension of trading or delisting of the Company’s shares of commo","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1800637/000121390023093703/0001213900-23-093703-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"noncompliance notice"},{"label":"Deficiency","value":"stockholders equity"},{"label":"Rules","value":"5550(b)(1)"}],"fact_type":"exchange_compliance_notice"},{"claim_id":"8b4db82e4cf18bca1768b19ef52b8d8e81307b50","claim":"RYTHM, Inc. amended Note Amendment with CP Acquisitions LLC valued at $4,000,000 (effective 2023-12-04).","evidence_excerpt":"On December 4, 2023, CP and the Company amended and restated the Note (the “Note Amendment”). Pursuant to the terms of the Note Amendment, the maximum principal amount that may be loaned by CP to the Company was increased to $4,000,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1800637/000121390023093703/0001213900-23-093703-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"CP Acquisitions LLC"},{"label":"Value","value":"$4,000,000"},{"label":"Effective","value":"2023-12-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}