---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-076220"
form_type: "8-K"
ticker: "RYM"
cik: "0001800637"
company_name: "RYTHM, Inc."
filed_at: "2024-09-06T23:59:59+00:00"
generated_at: "2026-05-31T06:06:14.811270+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Agrify receives Nasdaq extension to March 3, 2025 for minimum bid price compliance

## Summary
- Nasdaq granted Agrify additional 180-day period until March 3, 2025 to regain compliance with $1.00 minimum bid price rule.
- Company failed to meet original compliance deadline of September 3, 2024; bid price had been below $1.00 for 30 consecutive days.
- Agrify obtained majority shareholder consent for reverse stock split (range 1:2 to 1:20) to be used to cure deficiency.
- If compliance not achieved by March 3, 2025, Nasdaq will proceed with delisting; company may appeal.
- No guarantee reverse stock split will succeed; risks include continued low trading price.

## SEC filing metadata
- accession: 0001213900-24-076220
- form_type: 8-K
- ticker: RYM
- cik: 0001800637
- company_name: RYTHM, Inc.
- filed_at: 2024-09-06T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800637/000121390024076220/0001213900-24-076220-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800637/000121390024076220/ea0213698-8k_agrify.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-076220
- JSON: https://secwatch.observer/filing/0001213900-24-076220.json
- Plain text: https://secwatch.observer/filing/0001213900-24-076220.txt

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