Algorhythm Holdings Reports Officer/Director Changes
Ticker: RIME · Form: 8-K · Filed: Oct 6, 2025 · CIK: 923601
| Field | Detail |
|---|---|
| Company | Algorhythm Holdings, Inc. (RIME) |
| Form Type | 8-K |
| Filed Date | Oct 6, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, corporate-governance
TL;DR
Algorhythm Holdings (FORMERLY SINGING MACHINE) filed an 8-K for officer/director changes and compensation as of 8/21.
AI Summary
Algorhythm Holdings, Inc. (formerly Singing Machine Co Inc) filed an 8-K on October 6, 2025, reporting events as of August 21, 2025. The filing pertains to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. The company is incorporated in Delaware and its principal executive offices are located in Fort Lauderdale, FL.
Why It Matters
Changes in a company's board of directors and executive officers can signal shifts in strategy, governance, or operational focus.
Risk Assessment
Risk Level: medium — Changes in key personnel and compensation arrangements can indicate internal shifts that may impact future performance.
Key Players & Entities
- Algorhythm Holdings, Inc. (company) — Registrant
- Singing Machine Co Inc (company) — Former company name
- August 21, 2025 (date) — Date of earliest event reported
- October 6, 2025 (date) — Filing date
- Fort Lauderdale, FL (location) — Principal executive offices
FAQ
What specific officer or director positions were affected by the changes reported in the 8-K?
The filing indicates "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers" but does not specify the names or exact positions in the provided text.
When did the reported changes in directors or officers become effective?
The 'Date as of Change' is listed as August 21, 2025, indicating this is the effective date for the reported events.
What is the primary business of Algorhythm Holdings, Inc. according to its SIC code?
The Standard Industrial Classification (SIC) code provided is 3652, which corresponds to 'PHONOGRAPH RECORDS & PRERECORDED AUDIO TAPES & DISKS'.
What was Algorhythm Holdings, Inc. previously known as?
Algorhythm Holdings, Inc. was formerly known as Singing Machine Co Inc, with a name change date of May 23, 1994.
Where are Algorhythm Holdings, Inc.'s principal executive offices located?
The company's principal executive offices are located at 6301 NW 5th Way, Suite 2900, Fort Lauderdale, FL 33309.
Filing Stats: 1,074 words · 4 min read · ~4 pages · Grade level 12.4 · Accepted 2025-10-06 16:30:49
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share RIME The Nasdaq Stock Mar
Filing Documents
- form8-k.htm (8-K) — 44KB
- 0001493152-25-017077.txt ( ) — 208KB
- rime-20250821.xsd (EX-101.SCH) — 3KB
- rime-20250821_lab.xml (EX-101.LAB) — 33KB
- rime-20250821_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
From the Filing
UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 21, 2025 ALGORHYTHM HOLDINGS, INC. (Exact Name of Registrant as Specified in Charter) Delaware 001-41405 95-3795478 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 6301 NW 5th Way , Suite 2900 Fort Lauderdale , FL 33309 (Address of Principal Executive Offices) (Zip Code) Registrant's Telephone Number, Including Area Code: (954) 596-1000 Not Applicable (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share RIME The Nasdaq Stock Market LLC (The Nasdaq Capital Market) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointments of Scott Thorn and Kapil Gupta to the Board of Directors On October 6, 2025, Scott Thorn and Kapil Gupta were appointed to serve as members of the Board of Directors (the "Board") of Algorhythm Holdings, Inc. (the "Company"). Messrs. Thorn and Gupta will serve as members of the Board until the next annual meeting of the Company's stockholders, and until their successors are elected and qualified or until their earlier death, resignation or removal. In addition, the Board appointed Mr. Thorn to serve as a member of the audit committee and compensation committee, and appointed Mr. Gupta to serve as a member of the audit committee and nominating and corporate governance committee. Scott Thorn, age 46, has served as the President and Chief Operating Officer of InvitedHome, a leading luxury hospitality and real estate services company operating in premier U.S. ski destinations, since October 2024. Prior to that, he served as the Co-Founder and Chief Strategy Officer of Open Book Extracts, a cGMP-certified manufacturer of premium federally legal hemp-derived cannabinoid ingredients and wellness products, from February 2019 to October 2024. Earlier in his career, Scott served as a Managing Director of Douglas Wilson Companies, a leading provider of specialized business, receivership, and real estate services. The Board concluded that Mr. Thorn is qualified to serve on the Board because of his substantial experience as a strategic thought leader executing aggressive business and revenue growth strategies for early-stage, high-growth companies. Kapil Gupta, age 58, is a seasoned global technology and business leader with more than 25 years of experience driving innovation, operational excellence, and large-scale digital transformation across the public and private sectors. He has served as the Service Line Leader for Application Operations – Public Markets (US) at IBM, a global technology innovator, since April 2025. He has also served as a Project Executive for California's Medicaid Program since May 2017. Earlier in his career, Mr. Gupta held senior leadership roles at Cambridge Solutions, a leading provider of software solutions for supply chain, purchasing, and performance management, and Talisma Corporation, a leading provider of a digital customer engagement platform, and served as a Manager at KPMG LLP, a leading global provider of audit, tax, and advisory services. The Board concluded that Mr. Gupta is qualified to serve on the Board because of his extensive experience as a global technology leader offering deep technical expertise and strategic business acumen. In accordance with the Company's compensation package for non-employee directors, Messrs.