Milton C. Ault III - Sep 27, 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 27, 2024
Transactions value $
-$43,806
Form type
4
Date filed
10/1/2024, 08:30 PM
Previous filing
Sep 30, 2024
Next filing
Oct 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIME Common Stock Sale -$1.42K -2.77K -0.19% $0.51 1.45M Sep 27, 2024 By Ault Lending, LLC F1, F2
transaction RIME Common Stock Sale -$17.6K -35.6K -2.45% $0.49 1.41M Sep 30, 2024 By Ault Lending, LLC F2, F3
transaction RIME Common Stock Sale -$24.8K -50.4K -3.56% $0.49 1.36M Oct 1, 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 $0.5121. The range of sale prices on the transaction date was $0.50 to $0.5201 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 $0.4949. The range of sale prices on the transaction date was $0.4702 to $0.5301 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 $0.4916. The range of sale prices on the transaction date was $0.4801 to $0.5001 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.