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Filing Details

Accession Number:: 0001214659-24-016532
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-09-18 17:31:37
Reporting Period:: 2024-09-16

Accepted Time:: 2024-09-18 17:31:37
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

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2024-09-16	25,300	$0.62	1,749,000	No	4	S	Indirect	By Ault Lending, LLC
Common Stock	Disposition	2024-09-17	34,201	$0.66	1,714,799	No	4	S	Indirect	By Ault Lending, LLC
Common Stock	Disposition	2024-09-18	15,249	$0.61	1,699,550	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

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 $0.6195. The range of sale prices on the transaction date was $0.57 to $0.6943 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.
Ault Lending, LLC ("Ault Lending"), is a wholly-owned subsidiary of Hyperscale Data, Inc. ("HSD"). Mr. Ault, the Executive Chairman of HSD, is deemed to have voting and investment power with respect to the securities held of record by Ault Lending.
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 $0.6551. The range of sale prices on the transaction date was $0.6206 to $0.6841 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.
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 $0.6066. The range of sale prices on the transaction date was $0.60 to $0.6274 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.