Agrify announces 1-for-15 reverse stock split to meet Nasdaq $1 minimum bid price

RYTHM, Inc.

1-for-15 reverse stock split effective 12:01 a.m. ET on October 8, 2024; approved by shareholders on Sept 3, 2024.
Split aims to regain compliance with Nasdaq $1 minimum bid price after notice on Mar 5, 2024; compliance deadline Mar 3, 2025.
No fractional shares issued; cash in lieu based on closing price at effective time. CUSIP changes to 00853E404; symbol stays AGFY.
Authorized shares and par value per share unchanged; proportional adjustments to convertible securities and equity awards.

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