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News 2026-09-28 11:06 UTC

Weekly Recap: All-stock $23M Azure Energy buy and $1.4M financing canceled

Algorhythm Holdings, Inc. (NASDAQ:RIME) closed a $23M all—stock acquisition of Azure Energy expected to add over $10M revenue through 2027, while canceling a $1.4M Section 3(a)(10) financing with Continuation Capital and retiring all Series A preferred stock.Previous Week RecapThis is an AI-generat…