Agrify amends debt settlement with Mack, authorizes $15M equity issuance and reverse split

RYTHM, Inc.

Amendment to Mack Molding settlement: pay $2M total by Dec 31, 2024; purchase 50 VFUs by year-end; warrant terminates upon full payment.
Shareholders approved issuance of up to $15M shares to Ionic Ventures (≥20% of outstanding) and authorized reverse stock split (1:2 to 1:20).
Insiders affiliated with CEO exercised pre-funded warrants for 5,746,900 shares; total shares outstanding now 19,977,347.

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