---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-034983"
form_type: "8-K"
ticker: "RYM"
cik: "0001800637"
company_name: "RYTHM, Inc."
filed_at: "2024-04-22T23:59:59+00:00"
generated_at: "2026-06-03T14:15:34.393929+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Agrify to be acquired by Nature's Miracle in all-stock deal valued at ~$6.35M

## Summary
- Each AGFY shareholder gets ~0.45 NMHI shares, valuing equity at $6.35M based on NMHI's $0.93 close on 4/16.
- Raymond Chang (Agrify CEO) to become President of Agrify division and join NMHI board; one other director to join.
- Deal expected to close within 6 months, subject to due diligence, shareholder approval, and customary conditions.
- Nature's Miracle agrees to purchase $500k–$750k of LED lighting goods from Agrify prior to closing.
- NMHI to purchase ~$13.1M of Agrify debt from Chang-controlled entities with cash and stock at closing and over 12 months.

## SEC filing metadata
- accession: 0001213900-24-034983
- form_type: 8-K
- ticker: RYM
- cik: 0001800637
- company_name: RYTHM, Inc.
- filed_at: 2024-04-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800637/000121390024034983/0001213900-24-034983-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800637/000121390024034983/ea0204304-8k_agrifycorp.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-034983
- JSON: https://secwatch.observer/filing/0001213900-24-034983.json
- Plain text: https://secwatch.observer/filing/0001213900-24-034983.txt

## Key facts
- Material Agreements
  RYTHM, Inc. entered into Merger Term Sheet with Nature's Miracle Holding Inc. (effective 2024-04-17).
  - Action: entry
  - Counterparty: Nature's Miracle Holding Inc.
  - Effective: 2024-04-17
  source text: On April 17, 2024, Agrify Corporation (the “Company”) entered into a term sheet (the “Merger Term Sheet”) with Nature’s Miracle Holding Inc., a Delaware corporation and Nasdaq listed entity (NASDAQ: NMHI) (“Nature’s Miracle”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1800637/000121390024034983/0001213900-24-034983-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.