Filing Details

Accession Number:
0001104659-25-015072
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-02-19 13:25:03
Reporting Period:
2025-02-18
Filing Date:
2025-02-19
Accepted Time:
2025-02-19 13:25:03
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
1877714 Stingray Group Inc. 730 Wellington Street
Montreal A8 H3C 1T4
No No No Yes
1877716 Eric Boyko 730 Wellington Street
Montreal A8 H3C 1T4
No No No Yes
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, $0.01 Par Value Per Share ("Common Shares") Disposition 2025-02-18 5,494 $0.26 2,722 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. On February 18, 2025, pursuant to a Stock Repurchase Agreement entered into between Stingray Group Inc. ("Stingray") and the Issuer as of December 3, 2024, Stingray sold to the Issuer 5,494 shares of Common Stock for a price per share equal to $0.26, payable by way of an issuance by the Issuer of a promissory note to Stingray.
  2. In addition to Stingray, this Form 4 is being jointly filed by Eric Boyko, a Canadian citizen ("Boyko"). As of May 31, 2024, Boyko controlled, indirectly or directly, approximately 70.78% of the combined voting power of Stingray's outstanding shares.
  3. After giving effect to the transactions reported on this Form 4, Stingray directly beneficially owns 1,611 Common Shares and 1,111 warrants to purchase Common Shares ("Warrants"). Boyko indirectly beneficially owns 1,611 Common Shares (excluding Warrants).
  4. Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of any securities covered by this statement. Boyko disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.