---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-087480"
form_type: "8-K"
ticker: "RYM"
cik: "0001800637"
company_name: "RYTHM, Inc."
filed_at: "2026-08-11T11:00:14+00:00"
generated_at: "2026-08-11T11:06:03.722198+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# RYTHM removes ownership caps; Green Thumb affiliate RSLGH to control ~89.9% of shares

## Summary
- Amendment removes 49.99% beneficial ownership limits on $72M notes and warrants covering up to 9,731,638 shares, effective Oct 10, 2026.
- RSLGH (Green Thumb) ownership rises from 49.99% to ~89.9% of RYTHM common stock as of Aug 11, 2026.
- Aggregate consideration of $109.5M funded from Green Thumb working capital, plus interest under notes and fees under services agreement.
- Shareholders approved issuance of shares under Nasdaq Rule 5635: 1,118,058 for, 10,049 against, 747 abstain.
- Amendment also removes ownership limits in Shared Services Agreement with VMS and future warrants issued under notes/services.

## SEC filing metadata
- accession: 0001213900-26-087480
- form_type: 8-K
- ticker: RYM
- cik: 0001800637
- company_name: RYTHM, Inc.
- filed_at: 2026-08-11T11:00:14+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 5.01, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800637/000121390026087480/0001213900-26-087480-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800637/000121390026087480/ea0301464-8k_rythm.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-087480
- JSON: https://secwatch.observer/filing/0001213900-26-087480.json
- Plain text: https://secwatch.observer/filing/0001213900-26-087480.txt

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