Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now NasdaqCM - Nasdaq Real Time Price • USD Algorhythm Holdings, Inc. (RIME) Follow Compare 1.9500 -0.2100 (-9.72%) At close: 4:00:01 PM EST 2.0095 +0.06 +(3.05%) After hours: 6:00:41 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Algorhythm Holdings Appoints Alex Andre as Chief Financial Officer Fort Lauderdale, FL, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, today announced the appointment of Alex Andre as the Company’s Chief Financial Officer and General Counsel. In this role, Mr. Andre will be a key thought partner to the executive leadership team and will be responsible for all corporate finance and legal functions, including audit, accounting, tax, treasury, cash managem Algorhythm announces 1-for-200 reverse stock split Algorhythm (RIME) Holdings announced the date of effectiveness and the ratio of a forthcoming reverse stock split of the Company’s Common Stock. On January 13, 2025, the Company announced, on a Current Report on Form 8-K, the voting results from the annual meeting of stockholders held that day. At the Meeting, stockholders voted upon and approved Proposal 3, an amendment to the Company’s Certificate of Incorporation to effect a Reverse Split with a ratio of not less than one-for-ten and not more Company Clears All Outstanding Cashless Warrants from December Capital Raise Investors From December $9.5 Million Public Offering Exercise All Outstanding Series B Warrants Fort Lauderdale, FL, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, today announced that all outstanding Series B cashless warrants have been fully exercised. These warrants were issued in connection with a public offering that closed on December 4, 2024. As part of that transaction, the Compa Algorhythm Holdings Announces Date and Ratio of Reverse Stock Split Fort Lauderdale, FL, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm” or “Company”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, announced today the date of effectiveness and the ratio of a forthcoming reverse stock split (the “Reverse Split”) of the Company’s Common Stock (the “Common Stock”). On January 13, 2025, the Company announced, on a Current Report on Form 8-K, the voting results from the annual meeting of stockholders (the “Meetin Singing Machine to Showcase Industry Leading Karaoke Microphone at CES 2025 Company Targeting Additional Auto OEMs After Recent BYD Partnership Win Fort Lauderdale, FL, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, announced today that is wholly-owned subsidiary, The Singing Machine, will attend CES 2025 from January 7-10, 2025 to showcase its next generation karaoke microphone, developed for deployment with global automotive manufacturers and television brands. In e Algorhythm Holdings Announces a Pause on Capital Raising Activities Fort Lauderdale, FL, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm” or the “Company”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, announced it will pause new capital raising activities for the next six months. In light of the Company's current cash position, combined with a comprehensive assessment of the current market environment and our business operations, our management team has decided to suspend seeking out any new financing plans Univest Securities, LLC Announces Closing of $2 Million Registered Direct Offering for its Client Algorhythm Holdings, Inc. (NASDAQ: RIME) New York, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of registered direct offering (the “Offering”) of approximately $2 million for its client Algorhythm Holdings, Inc. (NASDAQ: RIME) (the “Company”), an AI-driven technology and consumer electronics holding company. Under the terms of the securities purchase agreement, the Com SemiCab Wins New Pilot Program with 6th Largest Global Consumer Package Goods Company SemiCab India Acquires New Client for Pilot Program Fort Lauderdale, FL, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (NASDAQ: RIME) (“Algorhythm” or the “Company”), an AI technology and consumer electronics holding company, today announced that its subsidiary, SemiCab Holdings, LLC (“SemiCab”), has been awarded a commercially scalable pilot program with the world’s sixth-largest global consumer packaged goods (CPG) producer. The new freight business, launched as a proof-of-concep Algorhythm Holdings, Inc. Announces $2 Million Registered Direct Offering Fort Lauderdale, FL, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (Nasdaq: RIME) (“Algorhythm” or the “Company”), an AI-driven technology and consumer electronics holding company today announced that it has entered into a definitive agreement with several investors for the purchase and sale of an aggregate of 24,067,388 of the Company’s common stock, par value $0.01 per share (the “Common Stock”) at a purchase price of 0.0831 per share in a registered direct offering priced at-the Univest Securities, LLC Announces Closing of $9.5 Million Public Offering for its Client Algorhythm Holdings, Inc. (NASDAQ: RIME) New York, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of public offering (the “Offering”) of approximately $9.5 million for its client Algorhythm Holdings, Inc. (NASDAQ: RIME) (the “Company”), an AI-driven technology and consumer electronics holding company. The Offering was comprised of 55,882,353 shares of the Company’s commo Algorhythm Holdings, Inc. Announces Closing of $9.5 Million Public Offering Fort Lauderdale, FL, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm” or the “Company”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, announced today the closing of its previously announced public offering with gross proceeds to the Company of approximately $9.5 million, before deducting placement agent fees and other estimated expenses payable by the Company. The offering comprised of 55,882,352 shares of the Company’s common stock (o Algorhythm Holdings, Inc. Announces Pricing of $9.5 Million Public Offering Fort Lauderdale, FL, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm” or the “Company”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, announced it has priced a public offering with gross proceeds to the Company expected to be approximately $9.5 million, before deducting placement agent fees and other estimated expenses payable by the Company. The offering is comprised of 55,882,353 shares of the Company’s common stock (or pre-funded wa Algorhythm Holdings Reports Third Quarter 2024 Results Fort Lauderdale, FL, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI-driven technology and consumer electronics holding company, announced today its results of operations for the three- and nine- month periods ended September 30, 2024. CEO Commentary “We are pleased to share our third-quarter results,” said Gary Atkinson, CEO of Algorhythm. “This was a highly active and transformational period for our business. We focused on integrating our recen Algorhythm Holdings to Announce its Financial Results for the Third Quarter 2024 Fort Lauderdale, FL, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm Holdings” or the “Company”) (NASDAQ: RIME) -- an AI technology and consumer electronics holding company -- today announced that its earnings for its third quarter 2024 will be released on Tuesday, November 19, 2024. On Wednesday, November 20, 2024, Management will host a conference call at 10:00 am Eastern time to discuss the financial results and provide a business update. Conference Call Details: Date Singing Machine, Stingray announce karaoke partnership with BYD Algorhythm Holdings (RIME) announces its subsidiary, The Singing Machine entered into a strategic partnership deal with BYD (BYDDF) and Stingray (STGYF). Singing Machine will be launching a globally available in-car karaoke microphone, designed to fully integrate with Stingray Karaoke app and BYD’s infotainment system in its vehicles. The first-of-its-kind partnership will have enhanced karaoke features and proprietary technology that allows for unique vocal enhancements such as vocal effects an Singing Machine and Stingray Announce Karaoke Microphone Partnership with BYD Karaoke partnership will provide fully-featured karaoke microphones and a major update to Stingray Karaoke for BYD Vehicles GloballyFORT LAUDERDALE, Fla., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (Nasdaq: RIME) announces its subsidiary, The Singing Machine Company, Inc. (“Singing Machine”), a worldwide leading consumer karaoke company, has successfully entered into a strategic partnership deal with BYD (BYDDY, BYDDF), the world’s leading manufacturer of new energy vehicles and SemiCab Wins Contract with Apollo Tyres, $3 Billion Global Tire Manufacturer, for New Indian Commercial Pilot Apollo Tyres, Ltd Awards SemiCab Scalable Pilot Contract for Transportation Services in India Fort Lauderdale, FL, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, announced today that SemiCab, Inc.’s subsidiary, SMCB Private Solutions Limited (“SemiCab India”), has entered into a master service agreement (MSA) with Apollo Tyres, Ltd. (“Apollo”), India’s largest tire manufacturer. As a top SemiCab Wins Major New Contract with $10 Billion Indian Consumer Packaged Goods Company for New Pilot in India Multinational Consumer Goods Company Enters into a Commercially Scalable Pilot with SemiCab Serving the Indian Market Fort Lauderdale, FL, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm” or “the Company”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, announced today the signing of a new master service agreement (MSA) with a leading Mumbai-based multinational consumer goods company specializing in health, beauty, wellness, and healthy Algorhythm Holdings Announces Termination of its At-the-Market Equity Program Fort Lauderdale, FL, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, announced it has terminated its “at-the-market” (“ATM”) equity program with Ascendiant Capital, LLC, as sales agent (the “Agent”). The Company elected to terminate the ATM because it had achieved its objective of raising capital under the ATM. Through the utilization of the most recently amended ATM, the Company raised a SemiCab Wins Contract with $200 Billion Global Consumer Packaged Goods Company for New US Pilot Global Beverage, Food & Snack Company Enters into a Strategic Initiative with SemiCab, Largest US Customer to Date Fort Lauderdale, FL, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, today announced that it has been awarded a service contract with a leading global beverage, food, and snack company. Under the agreement, Algorhythm’s subsidiary, SemiCab Holdings, LLC (“SemiCab”), will prov Performance Overview Trailing total returns as of 3/4/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return RIME S&P 500 YTD -89.17% -1.76% 1-Year -99.10% +12.61% 3-Year -99.80% +33.48%