Singing Machine expands board to 10, appoints Ault as Executive Chairman and Nisser as director

Algorhythm Holdings, Inc.

Board expanded to 10 members; Milton C. Ault III appointed Executive Chairman and director, effective April 5, 2023.
Henry C. W. Nisser appointed as director; both are officers of majority shareholder Ault Alliance.
Ault is founder and Executive Chairman of Ault Alliance, the company's majority stockholder.
Ault has declined any cash or equity compensation for his services to the company.
Nisser brings legal and M&A experience; both will serve until next annual meeting.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Henry C. W. Nisser

Director

RIME · Algorhythm Holdings, Inc.

Effective: 2023-04-05
Filed: April 6, 2023, 7:59 PM ET

Effective April 5, 2023, the Board of Directors (the “Board”) of The Singing Machine Company, Inc. (the “Company”) increased the number of members of the Board to ten and appointed Messrs. Milton C. Ault, III and Henry C. W. Nisser as directors, effective immediately.

Appointed

Milton C. Ault, III

Executive Chairman

RIME · Algorhythm Holdings, Inc.

Effective: 2023-04-05
Filed: April 6, 2023, 7:59 PM ET

In addition, the Board appointed Mr. Ault to the position of Executive Chairman, an executive officer position of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Henry C. W. Nisser was appointed as Director at Algorhythm Holdings, Inc..

Action: appointed
Role: Director

Exact text from the filing

Effective April 5, 2023, the Board of Directors (the “Board”) of The Singing Machine Company, Inc. (the “Company”) increased the number of members of the Board to ten and appointed Messrs. Milton C. Ault, III and Henry C. W. Nisser as directors, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Milton C. Ault, III was appointed as Executive Chairman at Algorhythm Holdings, Inc..

Action: appointed
Role: Executive Chairman

Exact text from the filing

In addition, the Board appointed Mr. Ault to the position of Executive Chairman, an executive officer position of the Company.

View on SEC.gov

Algorhythm Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-011117

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.