Agrify removes anti-dilution adjustment provisions from insider warrants; seeks shareholder re-approval

RYTHM, Inc.

CP Acquisitions (Raymond Chang) warrant amendment removes Adjustment Provision; threshold for change of control raised to >50%.
GIC Acquisition warrant amendment also removes Adjustment Provision; same change-of-control threshold increase.
CP Warrant originally for 7,876,712 shares from $11.5M conversion; GIC Warrant for 7,383,053 shares from $2.29M conversion.
Company plans to seek stockholder approval at next annual meeting to reinsert Adjustment Provisions per Nasdaq listing Rule 5635.

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