---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-035589"
form_type: "8-K"
ticker: "RIME"
cik: "0000923601"
company_name: "Algorhythm Holdings, Inc."
filed_at: "2024-09-10T23:59:59+00:00"
generated_at: "2026-05-31T05:48:53.871737+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Three directors resign from Algorhythm board, including Executive Chairman

## Summary
- Executive Chairman Milton 'Todd' Ault, James Turner, and Kenneth Cragun resigned from the Board effective September 5, 2024.
- All three resignations were voluntary; no disagreement with the Company's operations or policies.
- CEO Gary Atkinson cited opportunity to attract specialized expertise following SemiCab acquisition and corporate rebrand.
- Press release issued September 10, 2024; departures not due to any dispute.

## SEC filing metadata
- accession: 0001493152-24-035589
- form_type: 8-K
- ticker: RIME
- cik: 0000923601
- company_name: Algorhythm Holdings, Inc.
- filed_at: 2024-09-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/923601/000149315224035589/0001493152-24-035589-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/923601/000149315224035589/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-035589
- JSON: https://secwatch.observer/filing/0001493152-24-035589.json
- Plain text: https://secwatch.observer/filing/0001493152-24-035589.txt

## Key facts
- Executive change
  James M. Turner resigned as Director at Algorhythm Holdings, Inc..
  - Action: resigned
  - Role: Director
  source text: On September 5, 2024, Milton C. Ault, III, James M. Turner, and Kenneth S. Cragun, each notified the board of directors (the "Board") of Algorhythm Holdings, Inc. (the "Company") of his decision to resign from the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/923601/000149315224035589/0001493152-24-035589-index.htm
- Executive change
  Milton C. Ault, III resigned as Director at Algorhythm Holdings, Inc..
  - Action: resigned
  - Role: Director
  source text: On September 5, 2024, Milton C. Ault, III, James M. Turner, and Kenneth S. Cragun, each notified the board of directors (the "Board") of Algorhythm Holdings, Inc. (the "Company") of his decision to resign from the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/923601/000149315224035589/0001493152-24-035589-index.htm
- Executive change
  Kenneth S. Cragun resigned as Director at Algorhythm Holdings, Inc..
  - Action: resigned
  - Role: Director
  source text: On September 5, 2024, Milton C. Ault, III, James M. Turner, and Kenneth S. Cragun, each notified the board of directors (the "Board") of Algorhythm Holdings, Inc. (the "Company") of his decision to resign from the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/923601/000149315224035589/0001493152-24-035589-index.htm

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