secwatch.observer — SEC 8-K summary
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Issuer:     RYTHM, Inc. (RYM)
CIK:        0001800637
Form:       8-K
Filed at:   2024-10-04T23:59:59+00:00
Accession:  0001213900-24-085199
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1800637/000121390024085199/0001213900-24-085199-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1800637/000121390024085199/ea0216705-8k_agrify.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-085199

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer