Core Viewpoint - Algorhythm Holdings, Inc. announced that its subsidiary, SemiCab, has secured a pilot program with a major global consumer packaged goods producer, marking a significant milestone in the rapidly growing Indian market [2][4]. Group 1: Company Overview - Algorhythm Holdings, Inc. operates as a holding company with two main investments: SemiCab Holdings, which focuses on AI-enabled logistics, and The Singing Machine Company, a leader in consumer karaoke products [5]. - SemiCab is a cloud-based Collaborative Transportation Platform designed to optimize logistics by predicting and managing millions of loads and trucks [6]. Group 2: Pilot Program Details - The pilot program, initiated in late October, will focus on the southwestern India commercial corridor and aims to provide enterprise-level software services to SMCB Solutions Private Limited [2][3]. - SemiCab India will handle cargo for the new client, offering scalable lane services without financial or geographical limitations, contingent on mutual consent [3]. Group 3: Market Impact and Future Potential - The CEO of Algorhythm highlighted the significance of this partnership, noting it as the tenth collaboration with the National Digital Freight Exchange, indicating strong market interest [4]. - The pilot relationships are expected to scale significantly within 12 months, with the potential for substantial cost savings and operational efficiencies for clients [4]. - SemiCab's technology has demonstrated the ability to improve truck utilization rates from 65% to over 90%, potentially saving shippers tens of billions of dollars annually and significantly reducing CO2 emissions from road freight [7].

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-concept initiativ ...

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-market unde ...

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 warrants in li ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission File Number: 001-41405 ALGORHYTHM HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 95-3795478 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ________________________ Commission File Number: 001-41405 THE SINGING MACHINE COMPANY, INC. (Exact name of registrant as specified in its charter) Delaware ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Title of Each Class Trading Symbol Name of each exchange on which registered Common Stock, $0.01 par value per share MICS NASDAQ Capital Market FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ____________ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Title of Each Class Trading Symbol Name of each exchange on which registered Common Stock, $0.01 par value per share MICS NASDAQ Capital Market FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-41405 THE SINGING MACHINE ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Title of Class Trading Symbol(s) Name of each exchange on which registered Common Stock, Par Value $0.01 MICS The Nasdaq Stock Market LLC FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ______. Commis ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of Class Trading Symbol(s) Name of each exchange on which registered Common Stock, Par Value $0.01 MICS The Nasdaq Stock Market LLC Form 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to ___________ Com ...