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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 for the next six months. During this period, the Company will not seek new investments including transactions like an “At-the-Market” (ATM) offering or usage of the Company's Shelf registration statement.
    12/23/2024

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.
    12/18/2024
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(RIME) can hold. Click on Rating Page for detail.

The price of (RIME) is 0.0788 and it was updated on 2025-01-14 13:00:44.

Currently (RIME) is in undervalued.

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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-market under Nasdaq rules.
    Tue, Dec. 17, 2024

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.
    Fri, Dec. 06, 2024

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.
    Fri, Dec. 06, 2024

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.
    Thu, Dec. 05, 2024

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 Globally Karaoke partnership will provide fully-featured karaoke microphones and a major update to Stingray Karaoke for BYD Vehicles Globally
    Thu, Nov. 14, 2024
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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.
  • 10/17/2024

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
  • 10/09/2024

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 provide enterprise-level shipping services through its AI-powered software platform, focusing on reducing empty truck miles.
  • 10/07/2024
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