Algorhythm Holdings Announces Supply Chain Finance Facility with Bank of America for SemiCab India

Multi-Million Dollar, Non-Dilutive Facility Supports SemiCab’s Three Largest Global Customers Fort Lauderdale, FL, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI technology holding company, announced today that its subsidiary, SMCB Solutions Private Limited (“SemiCab India), has secured a supply chain finance receivables facility with Bank of America. The facility provides SemiCab India with access to low-cost, non-dilutive working capital by enabling acce ...