---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-075628"
form_type: "8-K"
ticker: "RYM"
cik: "0001800637"
company_name: "RYTHM, Inc."
filed_at: "2024-09-04T23:59:59+00:00"
generated_at: "2026-05-31T06:28:46.017468+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-24-075628
- form_type: 8-K
- ticker: RYM
- cik: 0001800637
- company_name: RYTHM, Inc.
- filed_at: 2024-09-04T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800637/000121390024075628/0001213900-24-075628-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800637/000121390024075628/ea0213326-8k_agrify.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-075628
- JSON: https://secwatch.observer/filing/0001213900-24-075628.json
- Plain text: https://secwatch.observer/filing/0001213900-24-075628.txt

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