{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-022135","form_type":"8-K","ticker":"RIME","cik":"0000923601","company_name":"Algorhythm Holdings, Inc.","filed_at":"2026-05-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.941359+00:00","generated_at":"2026-05-14T19:26:11.326090+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Algorhythm Holdings misses $1.5M note payment, enters forbearance with SemiCab until June 16","bullets":["Missed $1.5M initial payment due May 2, 2026 on $1.75M promissory note to SemiCab Inc.","Entered forbearance agreement on May 9, 2026 waiving default and forbearing from action until June 16, 2026.","Remaining $250K due Nov 2, 2026; note terms otherwise unchanged.","Forbearance provides temporary relief; company must address payment by June 16 to avoid acceleration."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-022135","json":"https://secwatch.observer/filing/0001493152-26-022135.json","markdown":"https://secwatch.observer/filing/0001493152-26-022135.md","text":"https://secwatch.observer/filing/0001493152-26-022135.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/923601/000149315226022135/0001493152-26-022135-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/923601/000149315226022135/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T19:26:11.326090+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":"8837634d92da0986a67ff98caf673279aeb9b6c2","claim":"Algorhythm Holdings, Inc. entered into Forbearance Agreement with SemiCab Inc. (effective 2026-05-09).","evidence_excerpt":"Promissory Note”) to SemiCab Inc., a Delaware corporation (the “Seller”), pursuant to an equity purchase agreement (the “Equity Purchase Agreement”) among the Company and its subsidiary, SemiCab Holdings, LLC, a Nevada limited liability","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/923601/000149315226022135/0001493152-26-022135-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"SemiCab Inc."},{"label":"Effective","value":"2026-05-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}