{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-031919","form_type":"8-K","ticker":"RIME","cik":"0000923601","company_name":"Algorhythm Holdings, Inc.","filed_at":"2026-07-02T20:30:32+00:00","discovered_at":"2026-07-02T20:33:01.868835+00:00","generated_at":"2026-07-02T20:33:48.323154+00:00","sec_items":["1.01","3.02","3.03","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Algorhythm Holdings exchanges $3.5M of debt for Series A Preferred Stock with Streeterville Capital","bullets":["Exchanged $3.5M portion of Secured Pre-Paid Purchase #4 for 3,500 shares of newly created Series A Preferred Stock.","Series A Preferred Stock has $1,150 stated value per share, accrues 9% annual preferred return, and ranks senior to common stock.","Outstanding balance of PPP #4 reduced to $7,202,371.69 after cancellation of the partitioned amount.","Preferred stock is non-convertible, has no voting rights except limited, and is redeemable at 110% of liquidation amount at board's discretion.","Issuance exempt under Section 3(a)(9); no cash proceeds received."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-031919","json":"https://secwatch.observer/filing/0001493152-26-031919.json","markdown":"https://secwatch.observer/filing/0001493152-26-031919.md","text":"https://secwatch.observer/filing/0001493152-26-031919.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/923601/000149315226031919/0001493152-26-031919-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/923601/000149315226031919/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-02T20:33:48.323154+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}