secwatch.observer — SEC 8-K summary
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Issuer:     Algorhythm Holdings, Inc. (RIME)
CIK:        0000923601
Form:       8-K
Filed at:   2025-01-13T23:59:59+00:00
Accession:  0001493152-25-001964
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Algorhythm shareholders approve 8x authorized share increase and reverse split up to 1:250
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- All six director nominees elected; quorum of 63.5% represented (9,029,136 shares).
- Authorized common stock increased from 100M to 800M shares, approved by 8,568,396 votes.
- Board authorized to implement reverse stock split between 1:10 and 1:250 within one year.
- Amendment to 2022 Equity Incentive Plan approved; evergreen clause expanded.
- Issuance of warrants and underlying shares from December 2024 offering ratified under Nasdaq rule 5635(d).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/923601/000149315225001964/0001493152-25-001964-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/923601/000149315225001964/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-001964

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer