---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-029347"
form_type: "8-K"
ticker: "RIME"
cik: "0000923601"
company_name: "Algorhythm Holdings, Inc."
filed_at: "2026-06-18T20:30:45+00:00"
generated_at: "2026-06-18T20:39:09.691426+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Algorhythm receives Nasdaq bid-price deficiency notice; 180-day cure period

## Summary
- Closing bid price below $1.00 for 30 consecutive business days ended June 15, 2026.
- Compliance period runs to December 14, 2026; must close at $1.00+ for 10 consecutive days.
- If not cured in 180 days, may be eligible for additional 180-day period with reverse stock split.
- No immediate impact on listing; shares continue trading under RIME.

## SEC filing metadata
- accession: 0001493152-26-029347
- form_type: 8-K
- ticker: RIME
- cik: 0000923601
- company_name: Algorhythm Holdings, Inc.
- filed_at: 2026-06-18T20:30:45+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/923601/000149315226029347/0001493152-26-029347-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/923601/000149315226029347/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-029347
- JSON: https://secwatch.observer/filing/0001493152-26-029347.json
- Plain text: https://secwatch.observer/filing/0001493152-26-029347.txt

## Key facts
- Listing & Compliance Notices
  Algorhythm Holdings, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: June 16, 2026, Algorhythm Holdings, Inc. (the “Company”) received a letter (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, based upon the closing bid price of the Company’s common stock (Nasdaq symbol: RIME) for the 30 consecutive business days from May 4, 2026 to June 15, 2026, the Company no longer meets the minimum bid price requirement of $1.00 per share set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. The Notification Letter states that the Company ha
  evidence_url: https://www.sec.gov/Archives/edgar/data/923601/000149315226029347/0001493152-26-029347-index.htm

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