regulatory
confidence high
sentiment negative
materiality 0.75
Algorhythm Holdings (RIME) receives Nasdaq deficiency notice for equity below $2.5M
Algorhythm Holdings, Inc.
- Stockholders' equity as of Sept 30, 2025 was $100,000, far below Nasdaq's $2.5M minimum listing requirement.
- Company must submit a compliance plan by January 12, 2026; if accepted, up to 180-day extension may be granted.
- No immediate impact on common stock listing; delisting appeal rights available if plan is rejected.
- Nasdaq Staff's notice triggered by filing of quarterly report for period ended September 30, 2025.
item 3.01