secwatch.observer — SEC 8-K summary
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Issuer:     Algorhythm Holdings, Inc. (RIME)
CIK:        0000923601
Form:       8-K
Filed at:   2026-09-22T22:11:41+00:00
Accession:  0001493152-26-043757
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Algorhythm Holdings terminates settlement agreement with Continuation Capital; no further share issuance
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- Terminated July 21, 2026 settlement agreement with Continuation Capital, Inc. on Sept 21, 2026.
- No further obligation to issue up to 5,000,000 shares of common stock under the agreement.
- Original claim amount $1,928,014; remaining balance ~$1,418,649 due on outstanding liabilities.
- Agreement had required share issuance until CCI generated proceeds equal to 120% of claim.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/923601/000149315226043757/0001493152-26-043757-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/923601/000149315226043757/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-043757

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