Key facts
- This page summarizes Milton C. Ault III's Form 4 filing for Algorhythm Holdings, Inc. (RIME).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 08 Oct 2024, 17:00.
Milton C. Ault III - 04 Oct 2024 Form 4 Insider Report for Algorhythm Holdings, Inc. (RIME)
- Reporting relationship
- Former 10% Owner
- Issuer ticker
- RIME
- Reported as of
- 04 Oct 2024
- Net transaction value
- -$289,428
- SEC form
- 4
- Accepted by SEC
- 08 Oct 2024, 17:00:07 UTC
- Prior SEC filing
- 04 Oct 2024
- Next SEC filing
- 22 Nov 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Milton C. Ault, III
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Milton C. Ault III filed Form 4 for Algorhythm Holdings, Inc. (RIME) on 08 Oct 2024.
Change
- Previous filing in this sequence was filed on 04 Oct 2024.
- Current net transaction value: -$289,428.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RIME
transaction
Common Stock
Sale
- Transaction value
- $22,174
- Shares
- -46,900
- Change %
- -3.5%
- Price
- $0.4728
- Shares after
- 1,310,000
- Date
- 04 Oct 2024
- Ownership
- By Ault Lending, LLC
- Footnotes
- F1, F2
RIME
transaction
Common Stock
Sale
- Transaction value
- $267,253
- Shares
- -365,100
- Change %
- -28%
- Price
- $0.7320
- Shares after
- 945,000
- Date
- 07 Oct 2024
- Ownership
- By Ault Lending, LLC
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Milton C. Ault III is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote 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 $0.4728. The range of sale prices on the transaction date was $0.45 to $0.49 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.
Footnote 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.
Footnote 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 $0.7320. The range of sale prices on the transaction date was $0.695 to $0.77 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.