Milton C. Ault III - Sep 16, 2024 Form 4 Insider Report for Algorhythm Holdings, Inc. (RIME)

Role
10%+ Owner
Signature
/s/ Milton C. Ault, III
Stock symbol
RIME
Transactions as of
Sep 16, 2024
Transactions value $
-$47,328
Form type
4
Date filed
9/18/2024, 05:31 PM
Previous filing
Sep 17, 2024
Next filing
Sep 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIME Common Stock Sale -$15.7K -25.3K -1.43% $0.62 1.75M Sep 16, 2024 By Ault Lending, LLC F1, F2
transaction RIME Common Stock Sale -$22.4K -34.2K -1.96% $0.66 1.71M Sep 17, 2024 By Ault Lending, LLC F2, F3
transaction RIME Common Stock Sale -$9.25K -15.2K -0.89% $0.61 1.7M Sep 18, 2024 By Ault Lending, LLC F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 $0.6195. The range of sale prices on the transaction date was $0.57 to $0.6943 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 $0.6551. The range of sale prices on the transaction date was $0.6206 to $0.6841 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.
F4 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 $0.6066. The range of sale prices on the transaction date was $0.60 to $0.6274 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.