Key facts
- This page summarizes Stingray Group Inc.'s Form 4 filing for Algorhythm Holdings, Inc. (RIME).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 19 Feb 2025, 13:25.
Stingray Group Inc. - 18 Feb 2025 Form 4 Insider Report for Algorhythm Holdings, Inc. (RIME)
- Reporting relationship
- Former 10% Owner
- Issuer ticker
- RIME
- Reported as of
- 18 Feb 2025
- Net transaction value
- -$1,428
- SEC form
- 4
- Accepted by SEC
- 19 Feb 2025, 13:25:03 UTC
- Prior SEC filing
- 24 Nov 2023
- Source filing
- View source filing
- Reporting owner signature
- STINGRAY GROUP INC. By: /s/ Eric Boyko Name: Eric Boyko Title: President and Chief Executive Officer
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Stingray Group Inc. filed Form 4 for Algorhythm Holdings, Inc. (RIME) on 19 Feb 2025.
Change
- Previous filing in this sequence was filed on 24 Nov 2023.
- Current net transaction value: -$1,428.
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, $0.01 par value per share ("Common Shares")
Sale
- Transaction value
- $1,428
- Shares
- -5,494
- Change %
- -67%
- Price
- $0.2600
- Shares after
- 2,722
- Date
- 18 Feb 2025
- Ownership
- Direct
- Footnotes
- F1, F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Stingray Group Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
On February 18, 2025, pursuant to a Stock Repurchase Agreement entered into between Stingray Group Inc. ("Stingray") and the Issuer as of December 3, 2024, Stingray sold to the Issuer 5,494 shares of Common Stock for a price per share equal to $0.26, payable by way of an issuance by the Issuer of a promissory note to Stingray.
Footnote F2
In addition to Stingray, this Form 4 is being jointly filed by Eric Boyko, a Canadian citizen ("Boyko"). As of May 31, 2024, Boyko controlled, indirectly or directly, approximately 70.78% of the combined voting power of Stingray's outstanding shares.
Footnote F3
After giving effect to the transactions reported on this Form 4, Stingray directly beneficially owns 1,611 Common Shares and 1,111 warrants to purchase Common Shares ("Warrants"). Boyko indirectly beneficially owns 1,611 Common Shares (excluding Warrants).
Footnote F4
Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of any securities covered by this statement. Boyko disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
SEC remarks
Exhibit 99.1 (Joint Filer Information) incorporated herein by reference.