---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-073911"
form_type: "8-K"
ticker: "RYM"
cik: "0001800637"
company_name: "RYTHM, Inc."
filed_at: "2024-08-29T23:59:59+00:00"
generated_at: "2026-05-31T07:01:37.979827+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-24-073911
- form_type: 8-K
- ticker: RYM
- cik: 0001800637
- company_name: RYTHM, Inc.
- filed_at: 2024-08-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800637/000121390024073911/0001213900-24-073911-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800637/000121390024073911/ea0212771-8k_agrify.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-073911
- JSON: https://secwatch.observer/filing/0001213900-24-073911.json
- Plain text: https://secwatch.observer/filing/0001213900-24-073911.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.