other material
confidence high
sentiment neutral
materiality 0.55
Singing Machine increases ATM offering capacity to $3.1M via second amendment
Algorhythm Holdings, Inc.
- Second amendment to ATM Sales Agreement raises aggregate offering from $2.02M to $3.1M.
- Original ATM was $1.08M (June 26); first amendment to $2.02M (July 8); now $3.1M (Aug 9).
- Shares sold through Ascendiant Capital Markets as sales agent under Rule 415.
- Company will file a prospectus supplement to reflect the increased offering amount.