Algorhythm Holdings, Inc. (RIME): Nasdaq/NYSE listing notice — Algorhythm Holdings receives Nasdaq delisting notice for low bid price

Algorhythm Holdings, Inc.

Nasdaq notified company on Dec 30, 2024 that bid price closed below $0.10 for 13 consecutive days.
Company is subject to delisting under Nasdaq Listing Rule 5810(c)(3)(A)(iii).
Previously failed to meet $1.00 minimum bid price rule; compliance deadline Feb 24, 2025.
Company plans to request a hearing to stay delisting; stock continues trading as RIME.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Algorhythm Holdings, Inc. received a nasdaq deficiency notice notice regarding other (rules 5810(c)(3)(A)(iii)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5810(c)(3)(A)(iii)

Exact text from the filing

December 30, 2024, the Company received notice from the Staff indicating that the bid price for the Company’s common stock had closed below $0.10 per share for the 13-consecutive trading day period ended December 27, 2024 and, accordingly, the Company is subject to the provisions contemplated under Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the “Low Priced Stock Rule”) and its securities are subject to delisting from Nasdaq unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the “Panel”). The Company plans to timely request a hearing before the Panel, which request will

View on SEC.gov

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Algorhythm Holdings, Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5810(c)(3)(A)(iii)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: minimum bid price
Rules: 5810(c)(3)(A)(iii)

Exact text from the filing

December 30, 2024, the Company received notice from the Staff indicating that the bid price for the Company’s common stock had closed below $0.10 per share for the 13-consecutive trading day period ended December 27, 202

View on SEC.gov

18 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

Algorhythm Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-25-000986

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