Agrify shareholders reject reverse stock split; Nasdaq compliance deadline Sept 3, 2024

RYTHM, Inc.

Reverse stock split proposal (1:2 to 1:20) not approved; company may seek further extension or face delisting.
Amendment to 2022 Omnibus Equity Incentive Plan approved, adding 2,500,000 shares for future issuance.
Amendment to pre-funded warrants issued May 21, 2024 approved to increase underlying shares on equity issuances.
All five director nominees re-elected; GuzmanGray ratified as independent auditor for FY 2024.
Company has until Sept 3, 2024 to regain $1 minimum bid price; plans to seek 180-day extension or risk delisting.

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