Algorhythm Holdings (NASDAQ: RIME) may issue 5,000,000 shares to settle claim
Algorhythm Holdings, Inc. (NASDAQ: RIME) has reached a settlement agreement with Continuation Capital, Inc. to resolve a $1,928,014 claim. Under the agreement, Algorhythm may issue up to 5,000,000 shares of common stock in tranches until Continuation Capital receives 120% of the claim amount, with …