Filing Details

Accession Number:
0001214659-24-016351
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-09-11 19:30:06
Reporting Period:
2024-09-09
Accepted Time:
2024-09-11 19:30:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
923601 Algorhythm Holdings Inc. RIME Phonograph Records & Prerecorded Audio Tapes & Disks (3652) 953795478
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1212502 Iii C Milton Ault 11411 Southern Highlands Parkway
Suite 240
Las Vegas NV 89141
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2024-09-09 6,164 $0.75 1,801,836 No 4 S Indirect By Ault Lending, LLC
Common Stock Disposition 2024-09-10 26,836 $0.69 1,775,000 No 4 S Indirect By Ault Lending, LLC
Common Stock Disposition 2024-09-11 200 $0.65 1,774,800 No 4 S Indirect By Ault Lending, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Ault Lending, LLC
No 4 S Indirect By Ault Lending, LLC
No 4 S Indirect By Ault Lending, LLC
Footnotes
  1. The common stock was sold by the reporting person in open market transactions on the transaction date, with a volume weighted average sale price of $0.7530. The range of sale prices on the transaction date was $0.735 to $0.7755 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
  2. Ault Lending, LLC ("Ault Lending"), is a wholly-owned subsidiary of Ault Alliance, Inc. ("AA"). Mr. Ault, the Executive Chairman of AA, is deemed to have voting and investment power with respect to the securities held of record by Ault Lending.
  3. The common stock was sold by the reporting person in open market transactions on the transaction date, with a volume weighted average sale price of $0.6857. The range of sale prices on the transaction date was $0.6502 to $0.75 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
  4. The common stock was sold by the reporting person in open market transactions on the transaction date, with a volume weighted average sale price of $0.6498. The range of sale prices on the transaction date was $0.6497 to $0.6498 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.