---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-008512"
form_type: "8-K"
ticker: "RIME"
cik: "0000923601"
company_name: "Algorhythm Holdings, Inc."
filed_at: "2024-03-01T23:59:59+00:00"
generated_at: "2026-06-05T06:00:03.182175+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Singing Machine receives Nasdaq delisting notice for bid price below $1.00

## Summary
- Closing bid price below $1.00 for 30 consecutive trading days; 180-day cure period until August 26, 2024.
- To regain compliance, stock must close at $1.00+ for 10 consecutive business days before deadline.
- If not cured, company may request additional 180 days if it meets other listing standards.
- Company intends to monitor bid price and consider available options, including reverse stock split.

## SEC filing metadata
- accession: 0001493152-24-008512
- form_type: 8-K
- ticker: RIME
- cik: 0000923601
- company_name: Algorhythm Holdings, Inc.
- filed_at: 2024-03-01T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/923601/000149315224008512/0001493152-24-008512-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/923601/000149315224008512/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-008512
- JSON: https://secwatch.observer/filing/0001493152-24-008512.json
- Plain text: https://secwatch.observer/filing/0001493152-24-008512.txt

## Key facts
- Listing & Compliance Notices
  Algorhythm Holdings, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: or continued listing on The Nasdaq Capital Market under Nasdaq Marketplace Rule 5550(a)(2), requiring a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/923601/000149315224008512/0001493152-24-008512-index.htm

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