Algorhythm Holdings, Inc. Announces $2 Million Registered Direct Offering
Algorhythm Holdings Inc.Algorhythm Holdings Inc.(US:RIME) Globenewswire·2024-12-17 19:15

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 ...