Algorhythm Holdings Files Definitive Proxy Statement
Ticker: RIME · Form: DEF 14A · Filed: Dec 19, 2024 · CIK: 923601
| Field | Detail |
|---|---|
| Company | Algorhythm Holdings, Inc. (RIME) |
| Form Type | DEF 14A |
| Filed Date | Dec 19, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, sec-filing, corporate-governance
TL;DR
Algorhythm Holdings (formerly Singing Machine) filed its proxy statement. Shareholders get voting info.
AI Summary
Algorhythm Holdings, Inc. (formerly Singing Machine Co Inc) filed a definitive proxy statement (DEF 14A) on December 19, 2024. The company, located at 6301 NW 5th Way, Ste 2900, Fort Lauderdale, FL 33309, operates in the phonograph records & prerecorded audio tapes & disks industry. This filing is related to the 1934 Securities Exchange Act.
Why It Matters
This filing provides shareholders with important information regarding company matters, including voting rights and corporate governance, ahead of shareholder meetings.
Risk Assessment
Risk Level: low — A DEF 14A filing is a routine disclosure document for public companies and does not inherently indicate increased risk.
Key Players & Entities
- Algorhythm Holdings, Inc. (company) — Registrant
- Singing Machine Co Inc (company) — Former company name
- 0001493152-24-050745 (filing_id) — Accession Number
- 20241219 (date) — Filing Date
- 6301 NW 5TH WAY, STE 2900 (address) — Business Address
- FORT LAUDERDALE (city) — Business Address City
- FL (state) — Business Address State
- 33309 (zip_code) — Business Address Zip
- 954) 596-1000 (phone_number) — Business Phone
FAQ
What is the primary purpose of this DEF 14A filing?
The primary purpose of this DEF 14A filing is to serve as a Definitive Proxy Statement, providing shareholders with information related to voting on company matters.
What was Algorhythm Holdings, Inc. formerly known as?
Algorhythm Holdings, Inc. was formerly known as SINGING MACHINE CO INC.
On what date was this filing submitted?
This filing was submitted on December 19, 2024.
What is the company's business address?
The company's business address is 6301 NW 5TH WAY, STE 2900, FORT LAUDERDALE, FL 33309.
Under which SEC Act is this filing made?
This filing is made pursuant to Section 14(a) of the Securities Exchange Act of 1934.
Filing Stats: 4,629 words · 19 min read · ~15 pages · Grade level 14.7 · Accepted 2024-12-19 12:55:44
Key Financial Figures
- $0.01 — s of authorized common stock, par value $0.01 per share (the “Common Stock&rdqu
Filing Documents
- formdef14a.htm (DEF 14A) — 719KB
- formdef14a_001.jpg (GRAPHIC) — 127KB
- proxy_001.jpg (GRAPHIC) — 589KB
- proxy_002.jpg (GRAPHIC) — 421KB
- 0001493152-24-050745.txt ( ) — 2286KB
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 37 PAY VERSUS PERFORMANCE 42
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 43 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 44 TRANSITION REPORT ON FORM 10-KT 45 OTHER BUSINESS 46 ii NOTE REGARDING FORWARD-LOOKING STATEMENTS This Proxy Statement contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements may relate to our future financial performance, business operations, and executive compensation decisions, or other future events. You can identify forward-looking statements by the use of words such as “anticipate,” “believe,” “could,” “expect,” “intend,” “may,” “will,” or the negative of such terms, or other comparable terminology. Forward-looking statements also include the assumptions underlying or relating to such statements. We have based these forward-looking and financial condition. The outcomes of the events described in these forward-looking statements are subject to risks, uncertainties and other factors described in the section titled “Risk Factors,” and elsewhere, in the Transition Report on Form 10-KT for the nine-month transition period from April 1, 2023 to December 31, 2023, as well as the other reports we file with the Securities and Exchange Commission. We cannot assure you that the events and circumstances reflected in the forward-looking statements will be achieved or occur, and actual results could differ materially from those expressed or implied in the forward-looking statements. The forward-looking statements made in this Proxy Statement relate only to events as of the date of this Proxy Statement. We undertake no obligation to update any forward-looking 1