secwatch.observer — SEC 8-K summary
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Issuer:     RYTHM, Inc. (RYM)
CIK:        0001800637
Form:       8-K
Filed at:   2026-04-01T23:59:59+00:00
Accession:  0001213900-26-037996
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RYTHM amends license agreements with Green Thumb, securing $70M annual fixed fee
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- Effective April 1, 2026, Green Thumb will pay RYTHM an aggregate fixed annual cash fee of $70 million under amended license agreements.
- Amendments convert variable monthly fees to fixed annual fees for brands including RYTHM, incredibles, Beboe, Dogwalkers, etc.
- Annual fee subject to CPI-based escalator capped at 10% year-over-year increase; amendments ensure Nasdaq listing compliance.
- Ben Kovler, Chairman and Interim CEO, states predictable long-term revenue supports RYTHM’s Nasdaq listing and shareholder value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1800637/000121390026037996/0001213900-26-037996-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1800637/000121390026037996/ea0284475-8k_rythm.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-037996

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