---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-005442"
form_type: "8-K"
ticker: "RIME"
cik: "0000923601"
company_name: "Algorhythm Holdings, Inc."
filed_at: "2023-02-17T23:59:59+00:00"
generated_at: "2026-06-19T08:29:16.093361+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Singing Machine enters $1.75M at-the-market equity offering with Aegis Capital

## Summary
- Entered into ATM sales agreement with Aegis Capital Corp to sell up to $1,753,430 in common stock.
- Commission of 3.0% of gross proceeds; Agent will use commercially reasonable efforts to sell shares.
- Offering may be terminated by either party; expires after 18 months or upon sale of all shares.

## SEC filing metadata
- accession: 0001493152-23-005442
- form_type: 8-K
- ticker: RIME
- cik: 0000923601
- company_name: Algorhythm Holdings, Inc.
- filed_at: 2023-02-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/923601/000149315223005442/0001493152-23-005442-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/923601/000149315223005442/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-005442
- JSON: https://secwatch.observer/filing/0001493152-23-005442.json
- Plain text: https://secwatch.observer/filing/0001493152-23-005442.txt

## Key facts
- Material Agreements
  Algorhythm Holdings, Inc. entered into Sales Agreement with Aegis Capital Corp valued at up to $1,753,430 (effective 2023-02-15).
  - Action: entry
  - Agreement: atm program
  - Counterparty: Aegis Capital Corp
  - Value: up to $1,753,430
  - Effective: 2023-02-15
  source text: On February 15, 2023, The Singing Machine Company, Inc. (the "Company"), entered into an At-The-Market Issuance Sales Agreement (the "Sales Agreement") with Aegis Capital Corp, as sales agent (the "Agent"), pursuant to which the Company may offer and sell, from time to time, through the Agent (the "Offering"), up to $1,753,430 in shares of its common stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/923601/000149315223005442/0001493152-23-005442-index.htm

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