secwatch.observer — SEC 8-K summary
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Issuer:     RYTHM, Inc. (RYM)
CIK:        0001800637
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001213900-24-098399
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Agrify Q3 2024 revenue $1.9M, net loss $18.6M; appoints Ben Kovler interim CEO, plans acquisition
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- Revenue $1.9M, gross profit $0.2M; net loss $18.6M includes $15M change in warrant liability.
- Ben Kovler appointed Chairman and Interim CEO effective Nov 5, 2024.
- Signed non-binding LOI to acquire Señorita hemp-derived THC drink brand (Nov 12, 2024).
- Secured up to $20M convertible note financing from Green Thumb Industries, initial $10M drawn.
- Shares outstanding: ~1.5M common, 6.3M warrants as of Nov 14, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1800637/000121390024098399/0001213900-24-098399-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1800637/000121390024098399/ea0221114-8k_agrify.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-098399

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