RIME

Company Identifies Potential $7 Million Equity Proceeds from Strategic Sale of North Carolina 100 MW Project Fort Lauderdale, FL, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the "Company") (NASDAQ: RIME) – a diversified holding company and owner of Azure Energy, a renewable power plant developer ("Azure"), and SemiCab Holdings, an AI-enabled logistics provider, today provided details of one of its significant sources of revenue and value creation, a 100MW biomass renewable power plant project in North Carolina. The project is a 100 MW pyrolysis-to-power generation facility currently under development in western North Carolina. The facility will convert regional woody b

4 - Algorhythm Holdings, Inc. (0000923601) (Issuer)

3 - Algorhythm Holdings, Inc. (0000923601) (Issuer)

Pyrolysis-to-Power Process Converts Low-Value Forest Wood into Firm, Renewable ElectricityTechnology Produces Dispatchable Power Without Dependence on Wind or Sunlight Fort Lauderdale, FL, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the "Company") (NASDAQ: RIME) – a diversified holding company that owns and operates Azure Holdings, a renewable power plant developer, and SemiCab, an AI enabled logistics provider, today introduced Azure P2P™, the pyrolysis-to-power process at the center of its recently acquired Azure Holdings business. Azure P2P™ is designed to convert low-value forest wood into renewable electricity capable of operating around the clock. Unlike intermitte

Company Adds 30-Year IBM Executive and Operations Expert to Board Fort Lauderdale, FL, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the "Company") (NASDAQ: RIME) – a diversified holding company and owner of Azure Holdings, a renewable power plant developer, and SemiCab Holdings, an AI-enabled logistics provider, today formally introduced its newest independent director, Greg Smith. Mr. Smith is a highly accomplished executive in the technology industry, having spent his entire professional career with IBM. In the later years of his tenure at IBM, Mr. Smith managed multi-country organizations with direct responsibility for an annual budget of $2 billion. Mr. Smith was rec

4 - Algorhythm Holdings, Inc. (0000923601) (Issuer)

3 - Algorhythm Holdings, Inc. (0000923601) (Issuer)

4 - Algorhythm Holdings, Inc. (0000923601) (Issuer)

3 - Algorhythm Holdings, Inc. (0000923601) (Issuer)

4 - Algorhythm Holdings, Inc. (0000923601) (Issuer)

3 - Algorhythm Holdings, Inc. (0000923601) (Issuer)

3 - Algorhythm Holdings, Inc. (0000923601) (Issuer)

Company Formally Introduces New CEO and COO, and Promotes Controller to CFO Role, to Strengthen the Executive Team Fort Lauderdale, FL, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the "Company") (NASDAQ: RIME) – a diversified holding company that owns and operates Azure Energy, a renewable power plant developer, and SemiCab, a leading AI enabled logistics provider, today formally introduced three new members of its executive team. The leadership appointments include two executives who joined the Company in connection with its acquisition of the Azure Energy business on September 15, 2026, as well as the promotion of the Company's Controller to Chief Accounting Officer a

Termination of Financing is Expected to Avoid Dilution of More Than 8 Million Shares Fort Lauderdale, FL, Sept. 24, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the "Company") (NASDAQ: RIME) – a diversified holding company that owns and operates Azure Energy, a renewable power plant developer, and SemiCab, a leading AI enabled logistics provider, today announced the voluntary termination of a previously disclosed settlement transaction completed under Section 3(a)(10) of the Securities Act with Continuation Capital, Inc. The Company would have been required to issue more than 8 million additional shares of common stock to pay off the remaining balance of approximately $1.4 million.

Company Exchanges Series A Preferred Stock for Debt, Eliminating Financing and Transaction RestrictionsNew Structure Provides Greater Flexibility to Pursue Lower-Cost Financing Alternatives. Fort Lauderdale, FL, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the "Company") (NASDAQ: RIME) – a diversified holding company that owns and operates Azure Energy, a renewable power infrastructure developer, and SemiCab, an AI-enabled logistics technology business, today announced the retirement of all of its outstanding shares of Series A Preferred. The Company exchanged the Series A Preferred Stock for debt. The restructuring was negotiated in connection with the holder's consent

8-K - Algorhythm Holdings, Inc. (0000923601) (Filer)

SemiCab Initiatives Focused on Near-Term Break-Even Operations and Strategic PartnershipsNewly Acquired Azure Energy Has More Than $10 Million in Active Contracted Revenue Through 2027Management Focused on Expanding Revenue and EBITDA Through Azure Existing Customers and Strategic PartnershipsCompany Targets Lower Cost of Capital and Reduced Reliance on Dilutive Financing FORT LAUDERDALE, FL., Sept. 22, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the "Company") (NASDAQ:RIME), a diversified holding company and owner of SemiCab, an AI-enabled logistics technology business, and Azure Energy, a renewable power infrastructure developer, today outlined its near-term operational, strateg

8-K - Algorhythm Holdings, Inc. (0000923601) (Filer)

Acquired Company Has Over $10 Million in Current Contractual Backlog. Azure is Generating Positive EBITDA in 2026, and This is Expected to Scale Significantly Over the Next 12 Months.Azure Holds Project Equity Interests in Multiple Power Plants Under Construction with Management-Estimated Net Present Value Exceeding $220 Million.Experienced Team Has Participated in the Design and Construction of 72 Power Generation Facilities Representing 17.5 GW of Generating Capacity. Fort Lauderdale, FL, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the "Company") (NASDAQ: RIME) – a leading business holding company, today announced that it has completed the acquisition of Azure Energy,

Leadership Transition Expected to Include New Members of Leadership Team and Board of Directors as Company in Connection With Strategic Repositioning Fort Lauderdale, FL, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the "Company") (NASDAQ: RIME) – a leading AI technology company, today announced a planned leadership transition in connection with the Company’s previously announced evaluation of strategic alternatives and a corporate repositioning. As part of the transition, the Company dismissed Gary Atkinson as Chief Executive Officer of the Company following approximately 20 years of service to the Company. Mr. Atkinson also resigned from the Company’s Board of Director

The Company Has Received Multiple Indications of Interest for the Sale of its AI Logistics Business Fort Lauderdale, FL, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the "Company") (NASDAQ: RIME) – a leading provider of AI-powered logistics solutions, today announced that the Company is evaluating strategic alternatives for its SemiCab business. The Company previously announced that it is actively evaluating a potential business combination with a leading company operating in the rapidly growing energy infrastructure market supporting data centers. The potential business combination, if completed, would result in the energy business becoming the Company’s principal operat

Company Currently Evaluating Potential Acquisition of Energy Infrastructure Company Focused on Power Generation for Data Centers Fort Lauderdale, FL, Aug. 19, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the "Company" or "Algorhythm") (NASDAQ: RIME) – a leading provider of AI-powered logistics solutions, today announced that its Board of Directors has authorized management to evaluate strategic alternatives intended to enhance shareholder value, including a potential acquisition of a company operating in the rapidly growing energy infrastructure market supporting data centers. As part of this strategic review, the Company is currently evaluating a potential transaction with an ene

Revenue Increases 25% Sequentially and 161% YOY to $3.0 Million  Fort Lauderdale, FL, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the "Company") (NASDAQ: RIME) – a leading provider of AI-powered logistics solutions, today announced its financial results for the second quarter ended June 30, 2026. Q2 2026 Financial Highlights Revenue increased 25% sequentially to $3.0 million for the second quarter of 2026 compared to $2.4 million in the first quarter of 2026.Revenue increased $1.8 million, or 161%, from $1.2 million in the second quarter of 2025.Gross margin percentage improved by 850 basis points or approximately 30% sequentially.Cash and restricted cash totaled approx

10-Q - Algorhythm Holdings, Inc. (0000923601) (Filer)

Fort Lauderdale, FL, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (NASDAQ:RIME), a leading provider of AI-powered logistics solutions, today announced that it will release its financial results for the second quarter ended June 30, 2026 on Friday, August 14, 2026. About Algorhythm Holdings Algorhythm Holdings, Inc. is a leading AI technology company focused on the growth and development of SemiCab, an emerging leader in the global logistics and distribution industry. Since 2020, SemiCab has enabled major retailers, brands and transportation providers to address common supply-chain problems globally. Its AI-enabled, cloud-based Collaborative Transportation Platform achieves