Algorhythm Holdings Inc (RIME) News

Thought he invested in this which would explain why it went to CRAP. He's a notorious predatory lender short snake.

don't know about Ault- surprised its still at multiple cents-- 1 for 200 RS is in the works. X getting some pump

Is Ault involved in this dog pile? It would explain the stocks dynamic. Tia

Item 3.03 Material Modification of Rights to Security Holders.



To the extent required by Item 3.03 of Form 8-K, the information contained in Item 5.03 of this report is incorporated herein by reference.



Item 5.03 Amendment to Articles of Incorporation or Bylaws; Change in Fiscal Year.



As previously disclosed on Form 8-K on January 13, 2025, Algorhythm Holdings, Inc. (the “Company”) held its annual stockholder meeting on January 13, 2025, at which stockholders voted to authorize the Company’s Board of Directors to effect a reverse stock split of the outstanding shares of common stock within one (1) year of January 13, 2025, at a specific ratio within a range of one-for-ten (1-for-10) to a maximum of a one-for-two hundred fifty (1-for-250) and to amend the Company’s Certificate of Incorporation, as amended, to increase the number of authorized common stock from 100,000,000 to 800,000,000 shares.



On January 14, 2025, the Company’s Board of Directors determined to effect the reverse stock split of the common stock at a 1-for-200 ratio (the “Reverse Split”) and approved the filing of a Certificate of Amendment (the “Certificate of Amendment”) to the Certificate of Incorporation, as amended, of the Company to effect the Reverse Split and to increase the Company’s authorized shares of common stock from 100,000,000 to 800,000,000.



On January 14, 2025, the Certificate of Amendment to effect the Reverse Split and increase the authorized shares of common stock, was filed with the Secretary of State of Delaware.



The reverse stock split has not yet taken effect in the public markets.



A copy of the Certificate of Amendment is filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated herein by reference.

1-for-200 ratio (the “Reverse Split”)

As previously disclosed on Form 8-K on January 13, 2025, Algorhythm Holdings, Inc. (the “Company”) held its annual stockholder meeting on January 13, 2025, at which stockholders voted to authorize the Company’s Board of Directors to effect a reverse stock split of the outstanding shares of common stock within one (1) year of January 13, 2025, at a specific ratio within a range of one-for-ten (1-for-10) to a maximum of a one-for-two hundred fifty (1-for-250) and to amend the Company’s Certificate of Incorporation, as amended, to increase the number of authorized common stock from 100,000,000 to 800,000,000 shares.



On January 14, 2025, the Company’s Board of Directors determined to effect the reverse stock split of the common stock at a 1-for-200 ratio (the “Reverse Split”) and approved the filing of a Certificate of Amendment (the “Certificate of Amendment”) to the Certificate of Incorporation, as amended, of the Company to effect the Reverse Split and to increase the Company’s authorized shares of common stock from 100,000,000 to 800,000,000.



On January 14, 2025, the Certificate of Amendment to effect the Reverse Split and increase the authorized shares of common stock, was filed with the Secretary of State of Delaware.



The reverse stock split has not yet taken effect in the public markets.

i suppose this COULD jump back to .07 to .09 area, but who knows

rime at .04 now. say it aint so?

RIME ….. 🚀

almost no posting now here. .0377 AH. awesome. thanx to all the pumpers who screwed everyone here

ahhh the P and D is finally over. and whats left is still about 50% too high at .04

31% down today and you are laughing. Reverse split soon - that will get the stock up high enough to short.

Can the stoch go any lower, ha haaa!! Be negative Soon

No, about time to short it AFTER the reverse split, lmao

About time to Cover soon! 

Imminent REVERSE SPLIT now. People are fleeing, the company will reverse split, then dump a ton of new shares and crush the price again. The company survives to dilute again, but the investors don't survive, the $$$ is gone.

Some heavy shorting!! Or naked shorting!! 

Looks great if you’re buying lol I can’t understand who is after yesterday’s filing. I think with all this stupidity it might look over .10

I'm getting a beating here

RIME COME ON MFUKKERS

wtf is this price?? fucking really?? below .10 fucken mms

$$$$$

They have a month to really push it to over a dollar!! Let's see what happens!! 

I'm pretty sure Rime has had 2 public offerings of common stock recently! 1 for 55 mill at .17 and another at .o85 for 24 million. If that's the case float should be close to maxed out. I'm pretty sure these investors are not looking to just get there money back!! 5 to 1ox there money I would think.. so from .17 that's a decent run imo!! We shall see how this plays out!! Rime

$RIME ~With the massive volume yesterday the SP should NOT be sitting under .20 right now! Look at the Key stats and details from today and realize what I mean when you view the market cap and total Outstanding Shares available to the public to trade with as you consider the 700 million share volume traded yesterday:
Current Price:
0.165
Bid
0.161
Ask
0.165
Volume
63,182,575
Day's Range
0.1845
0.1210
52 Week Range
0.7861
.0725
Market Cap
$2.346M
Previous Close
0.227
Open
0.1663
Last Trade
80
@
0.161
Last Trade Time
Financial Volume
$10,260,901
VWAP
0.162401
Average Volume (3m)
53,958,953
Shares Outstanding
14,215,176

Before you type a judgemental response to what I had mentioned, think! The OS shows there are only 14 million shares available for the public to trade with! There was 700 million shares traded yesterday alone mostly above .25 and even if the whole authorized share count of 100 million were sold into the market that would still amount to 7x in volume! So, if most everyone owns their shares higher than .20 or even .25 for that matter then what is it sitting down under .20 for today? It is what the hedge funds do. They sell shares into the market through naked shorting that they don't own to cause the price to drop below what everyone paid for their shares yesterday, so that when people sell their shares at a loss it's to the naked shorting hedge funds gain as they buy the shares for much lower than they sold them into the market for! Once it hit .33 yesterday the hedge funds went to work and decimated the share price through naked shorting. And here today with the share price underneath the price of every share that was purchased yesterday proves that to be fact! There isn't any bad news that came out about the company to cause the price to fall under the low yesterday is there? NOPE!

BIGGGGG TIMEEEEEEE!

Flipped the float over 15x today alone!! Think about that!! 15x,, there's definitely Alot of Naked Shorting!! 

Ok. Someone needs to explain things to you. It was 8 cents just 3 trading days ago. Today, it closed at 22.7 cents. That's a 14.7 cent increase representing 183%.

Before you type, think.

I don't know after reviewing the 1.1 billion share volume day on the 17th of December and how the SP only went from .08 to .10 in 2 days of trading during that time. It appears that the share price is being manipulated big time because usually when there is over a billion shares in volume a share price normally runs 100's of a percent not 25%. So, just like on the 17th of last month we have another massive share volume day and look at the small percentage increase in our SP. What gives? It really doesn't make any sense. I wish I had a job at the market makers or had a friend that did who could look into what is happening from the inside, so I can understand how this is even possible. Our SP is currently sitting underneath 98% of all of the shares purchased today at higher prices and most at much higher prices!

$$$$RIME after hours might kaboom!!!

$RIME ~Time to short squeeze the hedge funds making them have to buy back the naked shorted shares they sold into the market and make this baby run! Hopefully this rises back into the .30's in after hours trading giving it a nice positive feeling going into tomorrow's trading! The RSI is only at 70 so the upside potential with the massive volume today is still big especially with a short squeeze taking affect!

Agree 110%!! No way we should be only in the 20s!! They need to let this thing Run!! Insane volume on a small float!!

14 mil O/S lol think its 40 mil 

RIME $$$$$$$

shares sold at 6 digits lmfao
.213199 fucken cocksuckers

ii called a reversal at .183.....maybe im right for a fucking change lol
bought 10,000 more at .185

just watching L2....3 share trades. 1 share trades , 9 share trades, 4 share trades , oh theres on 17 share trade.....do you fucken think a retail investor is gonna sell one share for .201922 and pay a $8.99 commission or whatever it is?? like fuck already....manipulation and it stinks like a dugout full of dead rotting fucking pigs in the hot florida sunshine!!!! lol

of course its naked short selling!!! the corruption with these fucking mms is absolutely abhorrent!! i hope Trumps team cleans this shit up!!! its bullshit!! You should never be able to bet against a stock falling cause its a no brainer...little bit of selling pressure and boom it goes down pretty easy and fucking slimy...but thats how its been forever...will it change???? all i know is the small time investor always gets fucked lol

In for a few #lotto

Even with all of that that you mention, there has still been over a half of a billion shares that traded over .20, so why has our SP dipped under .20? It has the appearance of naked shorting by the hedge funds because 10x every share in the 14 million OS is owned above .25 right now, minus the few investors who bought cheaper that are holding their positions still. The hedge funds probably shorted the stock from the .60 range three months ago down to the dime range this past week and they are doing it again because it ran too fast for them to buy their naked shares back, so they are naked shorting the stock more to manipulate the share price down for people to sell into their greedy hands. Never have I seen this much volume in a security with such a small amount of shares that the public can trade with and it is at the low of the day after 600 million shares traded in the first few hours of the day. It makes no sense at all unless it's being naked shorted which is the only plausible reason! With the amount of volume we should be trading above a dollar a share right now, not in the low .20's!

conversions? fear? dilution? buddy i dont know i dont get it either..we got a huge pop today so couldl be profit taking as it comes down...8 cent buy in to sell at .18 is good profit from yesterday...i think it will bounce back soon..after hours

$RIME ~Where are all of the shares coming from getting sold under .25? 10x if not 20x the 14 million OS has traded above .25 today already in volume. How are there any shares left to sell underneath .25? This makes no sense! With the massive volume today our SP be above a dollar right now not in the low .20's! What gives? Can anyone answer how there has been over a half of a billion shares in volume today and we're still sitting in the low .20's?

accumulating down here......future looks good to me...adding and holding

$RIME ~Over a billion shares traded in mid December in one day around .10 to .12 and today we're on track for another billion share day which should no doubt make our SP rise much higher than a measly quarter especially with RIME exhibiting their new technologies at the CES and the fact that there are only 14 million Outstanding Shares. Our SP was trading near .60 in October.

RIME SECURITY DETAILS
Share Structure
Market Cap Market Cap
2,058,357
01/06/2025
Authorized Shares
100,000,000
08/13/2024
Outstanding Shares
14,215,176
11/19/2024
Restricted
3,861,879
08/13/2024
Unrestricted
7,217,799
08/13/2024
Held at DTC
6,826,767
08/13/2024
Float
Not Available
Par Value
Not Available

Just logged back in here and yes that's what I am referring to w CES.

.33s a bit ago - should go over .45

$RIME ~Never mind my Q about what you're referring to mentioning CES!...? You're referring to the Consumer Electronics Show this week where they are unveiling their new advanced technologies that is going to go global! ~No wonder why there has already been over 527 million shares traded in RIME this morning already! This could easily ramp back up over .50 this week! ~I can't understand how our share price isn't much higher after a half of a billion shares have already traded!...? ~CRAZINESS!!!

Fillipinos love to sing 🎤 

$RIME ~Good morning Gregg, What do you mean by everyone is looking forward to the CES? What is the CES that's coming this week? ~The share structure is very small in this one! With over 385 million share traded already this morning this one can grow some big wings and shoot to the stars! Remember in October this was trading over .50.