Agrify regains Nasdaq compliance after $13.8M debt-to-equity conversions by CEO affiliates

RYTHM, Inc.

Confirmed compliance with Nasdaq's $2.5M minimum stockholders' equity rule (Listing Rule 5550(b)(1)).
Compliance achieved through $13.8M debt-to-equity conversions by entities affiliated with CEO Raymond Chang.
Company reports progress in cleaning up balance sheet, reducing cash burn, and growing business.
CEO states commitment to full turnaround and creating long-term shareholder value.

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