---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-089657"
form_type: "8-K"
ticker: "RYM"
cik: "0001800637"
company_name: "RYTHM, Inc."
filed_at: "2024-10-22T23:59:59+00:00"
generated_at: "2026-05-30T11:43:16.553642+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Agrify doubles convertible note maximum from $1.5M to $3M in insider-related amendment

## Summary
- Principal increased to $3M from $1.5M; conversion price unchanged at $3.9495 per share.
- Note bears 10% interest, matures July 1, 2025; secured but junior to existing debt.
- Issued to entity controlled by CEO Raymond Chang and board member I-Tseng Jenny Chan.
- CP can convert into common stock or pre-funded warrants at $0.001 per share exercise price.

## SEC filing metadata
- accession: 0001213900-24-089657
- form_type: 8-K
- ticker: RYM
- cik: 0001800637
- company_name: RYTHM, Inc.
- filed_at: 2024-10-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800637/000121390024089657/0001213900-24-089657-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800637/000121390024089657/ea0218192-8k_agrify.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-089657
- JSON: https://secwatch.observer/filing/0001213900-24-089657.json
- Plain text: https://secwatch.observer/filing/0001213900-24-089657.txt

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