secwatch.observer — SEC 8-K summary
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Issuer:     Algorhythm Holdings, Inc. (RIME)
CIK:        0000923601
Form:       8-K
Filed at:   2026-06-18T20:30:45+00:00
Accession:  0001493152-26-029347
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/923601/000149315226029347/0001493152-26-029347-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/923601/000149315226029347/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-029347

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