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Algorhythm Holdings, Inc. — Director's Dealing 2024
Oct 8, 2024
35344_dirs_2024-10-08_d4b8ba29-2fe6-4706-8245-07f38d5ef2c3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Algorhythm Holdings, Inc. (RIME)
CIK: 0000923601
Period of Report: 2024-10-04
Reporting Person: AULT MILTON C III (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-10-04 | Common Stock | S | 46900 | $0.4728 | Disposed | 1310000 | Indirect |
| 2024-10-07 | Common Stock | S | 365100 | $0.7320 | Disposed | 945000 | Indirect |
Footnotes
F1: The common stock was sold by the reporting person in open market transactions on the transaction date, with a volume weighted average sale price of $0.4728. The range of sale prices on the transaction date was $0.45 to $0.49 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
F2: Ault Lending, LLC ("Ault Lending"), is a wholly-owned subsidiary of Hyperscale Data, Inc. ("HSD"). Mr. Ault, the Executive Chairman of HSD, is deemed to have voting and investment power with respect to the securities held of record by Ault Lending.
F3: The common stock was sold by the reporting person in open market transactions on the transaction date, with a volume weighted average sale price of $0.7320. The range of sale prices on the transaction date was $0.695 to $0.77 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.