---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-045150"
form_type: "8-K"
ticker: "RIME"
cik: "0000923601"
company_name: "Algorhythm Holdings, Inc."
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T01:27:43.464112+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Algorhythm regains Nasdaq equity compliance after Q3 transactions

## Summary
- Sold 3,835,500 shares via ATM, net proceeds ~$2.98M through Nov 13, 2024.
- Completed SemiCab acquisition July 3, 2024, issuing 641,806 shares valued at ~$738K.
- Settlement of lease litigation in Sept 2024 resulted in ~$3.87M gain on lease termination.
- Management believes stockholders' equity now meets Nasdaq's $2.5M minimum requirement.
- Nasdaq will monitor compliance; delisting risk remains if not maintained at next periodic report.

## SEC filing metadata
- accession: 0001493152-24-045150
- form_type: 8-K
- ticker: RIME
- cik: 0000923601
- company_name: Algorhythm Holdings, Inc.
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/923601/000149315224045150/0001493152-24-045150-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/923601/000149315224045150/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-045150
- JSON: https://secwatch.observer/filing/0001493152-24-045150.json
- Plain text: https://secwatch.observer/filing/0001493152-24-045150.txt

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