---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-017101"
form_type: "8-K/A"
ticker: "RYM"
cik: "0001800637"
company_name: "RYTHM, Inc."
filed_at: "2025-02-25T23:59:59+00:00"
generated_at: "2026-05-26T04:52:26.884344+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Agrify files acquired Double or Nothing financials; deal valued at ~$18.8M plus assumed debt

## Summary
- Acquired substantially all assets of Double or Nothing (hemp-derived THC beverages) on Dec 12, 2024.
- Consideration: 97,300 Agrify shares and 432,700 pre-funded warrants (fair value ~$18.8M) plus $0.4M promissory note.
- Double or Nothing FY2023 revenue $466,846; net loss $208,485. FY2022 revenue $82,014; net loss $411,587.
- Nine-month Sep 2024 revenue $803,523; net income $55,520 vs. loss $194,705 in prior-year period.
- Pro forma combined balance sheet as of Sep 30, 2024 and statements of operations for FY2023 and nine months Sep 2024 filed.

## SEC filing metadata
- accession: 0001213900-25-017101
- form_type: 8-K/A
- ticker: RYM
- cik: 0001800637
- company_name: RYTHM, Inc.
- filed_at: 2025-02-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800637/000121390025017101/0001213900-25-017101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800637/000121390025017101/ea0231904-8ka1_agrify.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-017101
- JSON: https://secwatch.observer/filing/0001213900-25-017101.json
- Plain text: https://secwatch.observer/filing/0001213900-25-017101.txt

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