Agrify signs $15M equity line with Ionic Ventures; insider warrants balloon to 98M shares

RYTHM, Inc.

Entered Purchase Agreement with Ionic Ventures for up to $15M of common stock; initial $400K issued at ~$0.1406/share.
Purchase price set at 93% of lowest VWAP over measurement period (80% if delisted); floor price of $0.25.
Insider CP and GIC warrants amended to reinsert adjustment provisions; resulting shares: CP Warrant 81.8M, GIC Warrant 16.3M.
CP and GIC agree not to exercise beyond 4M and 7.4M shares respectively until reverse split or authorized share increase.

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