secwatch.observer — SEC 8-K summary
======================================

Issuer:     RYTHM, Inc. (RYM)
CIK:        0001800637
Form:       8-K
Filed at:   2024-08-13T23:59:59+00:00
Accession:  0001213900-24-068270
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 3.03, 5.07, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1800637/000121390024068270/0001213900-24-068270-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1800637/000121390024068270/ea021128801-8k_agrify.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-068270

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer