RIME
Algorhythm Holdings, Inc.1.5700
-0.1400-8.19%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
4.27MP/E (TTM)
-Basic EPS (TTM)
-278.31Dividend Yield
0%Recent Filings
8-K
8-K
10-Q
8-K
8-K
Algorhythm secures $20M funding facility
Algorhythm Holdings inked a securities purchase agreement with Streeterville Capital on August 21, 2025, securing up to $20 million in prepaid advances, starting with a $4 million net infusion after a 9% original issue discount and fees. The deal, backed by all company assets and subsidiary guarantees, lets the investor buy shares at 90% of recent VWAP while capping ownership at 9.99%; yet stockholder approval is needed to exceed Nasdaq limits. Board member Joseph Kling resigned that day, without disputes.
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