Algorhythm settles $1.93M debt with up to 5M shares; amends CEO/CFO employment agreements

Algorhythm Holdings, Inc.

Settlement with Continuation Capital: issue up to 5M shares to satisfy $1,928,014 in liabilities; court approved under Section 3(a)(10).
CEO Gary Atkinson amended agreement: $360K base salary, annual bonus up to 50% of base, stock option for 5% of fully diluted shares.
CFO Alex Andre amended agreement harmonizes change-in-control treatment; both executives get lump-sum bonus equal to base salary plus max annual bonus upon change of control.
Shares issued to CCI cannot exceed 19.99% of outstanding common stock at any time.
Settlement avoids litigation and uses private placement exemption from registration.

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