RIME
Algorhythm Holdings, Inc. Common StockRIME
RIME
About: Algorhythm Holdings Inc is a holding company with two primary investments. It operates through its subsidiaries, one of which is an emerging leader in the AI-enabled global logistics industry. The other subsidiary is engaged in consumer karaoke products, Which designs and distributes the industry's widest assortment of at-home and in-car karaoke entertainment products.
Employees: 27
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
56% more funds holding
Funds holding: 9 [Q3] → 14 (+5) [Q4]
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
2.19% less ownership
Funds ownership: 2.63% [Q3] → 0.44% (-2.19%) [Q4]
70% less capital invested
Capital invested by funds: $120K [Q3] → $36.6K (-$83.4K) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for RIME.
Financial journalist opinion
Neutral
GlobeNewsWire
2 weeks ago
Company Clears All Outstanding Cashless Warrants from December Capital Raise
Investors From December $9.5 Million Public Offering Exercise All Outstanding Series B Warrants Fort Lauderdale, FL, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, today announced that all outstanding Series B cashless warrants have been fully exercised. These warrants were issued in connection with a public offering that closed on December 4, 2024.
Neutral
GlobeNewsWire
2 months ago
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.
Neutral
GlobeNewsWire
2 months ago
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.
Neutral
GlobeNewsWire
2 months ago
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.
Neutral
GlobeNewsWire
2 months ago
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.
Neutral
GlobeNewsWire
2 months ago
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.
Neutral
GlobeNewsWire
2 months ago
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.
Neutral
GlobeNewsWire
3 months ago
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
Neutral
GlobeNewsWire
3 months ago
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
Neutral
GlobeNewsWire
4 months ago
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.
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