Company Overview - Algorhythm Holdings, Inc. is an AI-driven technology and consumer electronics holding company with two primary investments: SemiCab Holdings and The Singing Machine Company [4] - SemiCab Holdings is an emerging leader in the AI-enabled global logistics industry, while The Singing Machine Company is the worldwide leader in consumer karaoke products [4] SemiCab Holdings - SemiCab operates a cloud-based Collaborative Transportation Platform designed to optimize logistics by predicting and managing millions of loads and hundreds of thousands of trucks [5] - The platform utilizes real-time data and AI/ML predictions to enhance transportation capacity, improve asset utilization, and reduce logistics costs, potentially saving shippers tens of billions of dollars annually [6] - SemiCab's technology has improved truck utilization rates from 65% to over 90%, adding approximately 30% more trucking capacity without increasing the number of trucks or drivers, addressing industry challenges like driver shortages and road congestion [6] The Singing Machine Company - The Singing Machine Company designs and distributes a wide range of karaoke products, marketed under proprietary brands and popular licenses, including Carpool Karaoke and Sesame Street [7] - The company provides access to over 100,000 songs through its mobile app and is developing a fully integrated in-car karaoke system [7] - Its products are sold in over 25,000 locations worldwide, including major retailers like Amazon, Costco, and Walmart [7] Upcoming Events - Algorhythm's management will participate in the iAccess Alpha Virtual Best Ideas Spring Investment Conference on March 25 and 26, 2025, with a presentation scheduled for March 25 at 3:00 PM ET [1][2] - A live webcast of the presentation will be available, along with a replay on the company's website [3]
Algorhythm Holdings to Participate in the iAccess Alpha Virtual Best Ideas Spring Investment Conference 2025 on March 25-26, 2025