{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-041797","form_type":"8-K","ticker":"RIME","cik":"0000923601","company_name":"Algorhythm Holdings, Inc.","filed_at":"2024-10-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.406057+00:00","generated_at":"2026-05-30T12:41:51.629001+00:00","sec_items":["1.02","3.03","5.03","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Algorhythm terminates Oxford loan (no balance), cuts quorum to 33 1/3%","bullets":["Terminated Loan Agreement with Oxford Commercial Finance; no balance outstanding as of Oct 17, 2024.","Early termination fee of $40,000 required.","Amended bylaws to reduce stockholder meeting quorum from majority to 33 1/3%.","Bylaw amendment approved by Board on Oct 18, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-041797","json":"https://secwatch.observer/filing/0001493152-24-041797.json","markdown":"https://secwatch.observer/filing/0001493152-24-041797.md","text":"https://secwatch.observer/filing/0001493152-24-041797.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/923601/000149315224041797/0001493152-24-041797-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/923601/000149315224041797/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T12:41:51.629001+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"569a86bced9de45172eeba496ce139556dea85a8","claim":"Algorhythm Holdings, Inc.: Reduced the quorum requirement for stockholder meetings from a majority to thirty-three and one-third percent (effective 2024-10-18).","evidence_excerpt":"On October 18, 2024, the Company amended its Amended By-laws (the “By-law Amendment”), for the purpose of reducing the quorum required to hold meetings of the stockholders of the Company (the “Quorum Requirement”). The By-law Amendment reduced the Quorum Requirement from a majority to thirty-three and one-third percent (33 1/3%) of the voting power of the shares of stock issued and outstanding and entitled to vote at the meeting.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/923601/000149315224041797/0001493152-24-041797-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2024-10-18"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}