---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-044908"
form_type: "8-K"
ticker: "RYM"
cik: "0001800637"
company_name: "RYTHM, Inc."
filed_at: "2024-05-20T23:59:59+00:00"
generated_at: "2026-06-01T13:06:21.079242+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Agrify terminates merger with Nature's Miracle; debt purchase deal also scrapped

## Summary
- Merger with Nature's Miracle (Nasdaq: NHMI) terminated mutually due to unfavorable market conditions.
- Debt purchase agreement with entities owned by CEO Raymond Chang also terminated; mutual releases.
- Director Leonard Sokolow resigned effective May 17, 2024, not due to any disagreement with company.
- CEO Raymond Chang states company has strong momentum and will explore all strategic options.

## SEC filing metadata
- accession: 0001213900-24-044908
- form_type: 8-K
- ticker: RYM
- cik: 0001800637
- company_name: RYTHM, Inc.
- filed_at: 2024-05-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800637/000121390024044908/0001213900-24-044908-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800637/000121390024044908/ea0206523-8k_agrify.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-044908
- JSON: https://secwatch.observer/filing/0001213900-24-044908.json
- Plain text: https://secwatch.observer/filing/0001213900-24-044908.txt

## Key facts
- Executive change
  Leonard Sokolow resigned as Director at RYTHM, Inc..
  - Action: resigned
  - Role: Director
  source text: On May 17, 2024 (the “Effective Date”), Leonard Sokolow notified the Board of Directors (the “Board”) of the Company that he will resign as a member of the Board and its committees, effective as of the Effective Date
  evidence_url: https://www.sec.gov/Archives/edgar/data/1800637/000121390024044908/0001213900-24-044908-index.htm

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