{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-043599","form_type":"8-K","ticker":"RIME","cik":"0000923601","company_name":"Algorhythm Holdings, Inc.","filed_at":"2026-09-21T21:17:20+00:00","discovered_at":"2026-09-21T21:18:01.593762+00:00","generated_at":"2026-09-21T21:18:14.466063+00:00","sec_items":["1.01","5.02","2.01","9.01","2.03","3.02","3.03","5.03","7.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Algorhythm acquires Azure Energy renewable assets for $23M stock; new CEO appointed","bullets":["Acquired substantially all assets of Azure Energy for $23M in Parent stock: 4,076,312 common shares (19.99%) and 22,038 Series B preferred.","Option to buy 79.0286% of Azure Energy S.R.L. for $30M exercise price, exercisable for 36 months; up to 50% cash, balance in Series B preferred.","CEO Gary Atkinson and CFO Alex Andre terminated; Andrew Thompson named CEO, Ryan Smith COO, Leticia Raele interim CFO and CAO.","Exchanged 3,500 Series A preferred shares for $4,025,000 Secured Pre-Paid Purchase #5 at 9% interest, due 2029; existing Series A cancelled.","Board expanded from 6 to 7 directors; Thompson appointed Chairman; Seller nominated two directors including Thompson and Gregory D. Smith."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-043599","json":"https://secwatch.observer/filing/0001493152-26-043599.json","markdown":"https://secwatch.observer/filing/0001493152-26-043599.md","text":"https://secwatch.observer/filing/0001493152-26-043599.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/923601/000149315226043599/0001493152-26-043599-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/923601/000149315226043599/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-21T21:18:14.466063+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":"14c1ae99ea","claim":"Ryan J. Smith was appointed as Chief Operating Officer at Algorhythm Holdings, Inc..","evidence_excerpt":"The Board also appointed Ryan J. Smith to serve as the Company’s Chief Operating Officer, effective as of September 15, 2026.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/923601/000149315226043599/0001493152-26-043599-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Operating Officer"}],"fact_type":"executive_change"},{"claim_id":"5f74e58807","claim":"Andrew Thompson was appointed as Chief Executive Officer at Algorhythm Holdings, Inc..","evidence_excerpt":"the Board appointed Andrew Thompson to serve as the Company’s Chief Executive Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/923601/000149315226043599/0001493152-26-043599-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}