Algorhythm Holdings, Inc. (RIME) Terminates $1.4M Deal, Avoids 8M+ Share Dilution
Algorhythm Holdings ended a Section 3(a)(10) settlement with Continuation Capital, avoiding issuance of 8M+ shares to settle about $1.4M. The move follows retirement of its Series A preferred stock.Material DetailsContext by AI AnalystThis is part of a balance-sheet de-risking push after an all-sto…