{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-094613","form_type":"8-K","ticker":"RYM","cik":"0001800637","company_name":"RYTHM, Inc.","filed_at":"2024-11-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.678590+00:00","generated_at":"2026-05-30T05:26:25.856666+00:00","sec_items":["1.01","2.03","3.02","5.02","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Agrify secures $20M Green Thumb note; CEO Chang resigns, Kovler named interim CEO","bullets":["Issued $20M secured convertible note to Green Thumb subsidiary; $10M drawn at closing, 10% interest, conversion at $3.158, matures Nov 2025.","Raymond Chang resigned as CEO and director; I-Tseng Jenny Chan resigned from board; no disagreement cited.","Benjamin Kovler appointed Chairman and Interim CEO; Armon Vakili and Richard Drexler appointed to board.","Severance agreement with Chang: $1M payable through Feb 1, 2027, plus COBRA reimbursement.","Green Thumb subsidiary also acquired common stock and warrants from Chang and Chan in separate transaction."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-094613","json":"https://secwatch.observer/filing/0001213900-24-094613.json","markdown":"https://secwatch.observer/filing/0001213900-24-094613.md","text":"https://secwatch.observer/filing/0001213900-24-094613.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1800637/000121390024094613/0001213900-24-094613-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1800637/000121390024094613/ea0220100-8k_agrify.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T05:26:25.856666+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2997457bbd","claim":"Benjamin Kovler was appointed as Chairman at RYTHM, Inc..","evidence_excerpt":"the Board appointed Benjamin Kovler as a member of the Board and Chairman","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1800637/000121390024094613/0001213900-24-094613-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chairman"}],"fact_type":"executive_change"},{"claim_id":"8c1bc6d24c","claim":"Raymond Chang resigned as President and Chief Executive Officer at RYTHM, Inc..","evidence_excerpt":"Raymond Chang resigned as a member of the Board of Directors (the “Board”) of the Company and any subsidiaries and as President and Chief Executive Officer of the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1800637/000121390024094613/0001213900-24-094613-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"93277cb6ef","claim":"Benjamin Kovler was appointed as Chief Executive Officer at RYTHM, Inc..","evidence_excerpt":"Appointment of Chief Executive Officer Effective as of the Effective Time, the Company appointed Benjamin Kovler as its","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1800637/000121390024094613/0001213900-24-094613-index.htm","confidence":0.9,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"b4a979333e","claim":"I-Tseng Jenny Chan resigned as Director at RYTHM, Inc..","evidence_excerpt":"I-Tseng Jenny Chan resigned as a member of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1800637/000121390024094613/0001213900-24-094613-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"b71ed73d10","claim":"Armon Vakili was appointed as Director at RYTHM, Inc..","evidence_excerpt":"appointed Armon Vakili and Richard Drexler as members of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1800637/000121390024094613/0001213900-24-094613-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"e958e53538","claim":"Richard Drexler was appointed as Director at RYTHM, Inc..","evidence_excerpt":"appointed Armon Vakili and Richard Drexler as members of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1800637/000121390024094613/0001213900-24-094613-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}