Algorhythm Holdings, Inc. Common Stock RIME

Algorhythm Holdings Inc is an AI technology holding company. The company operates in single segment SemiCab, an artificial intelligence (AI) enabled software logistics and distribution business that utilizes SemiCab technology platform to enable retailers, brands and transportation providers to address common supply chain problems globally and operates through its subsidiary, SemiCab Holdings, LLC.

RIME separó parte de su negocio en una nueva empresa (spin-off) el 10 de febrero de 2025. Sus accionistas recibieron acciones de la nueva compañía, y por eso el precio histórico de RIME está ajustado.

• GlobeNewswire Inc. 15 sept

  Algorhythm Announces CEO Transition in Connection with Transformational Acquisition and Strategic Refocus

  Algorhythm Holdings (NASDAQ: RIME) announced a leadership transition, dismissing CEO Gary Atkinson after 20 years of service. The change follows the company's completion of a corporate transaction involving the acquisition of a high-growth, EBITDA-positive energy infrastructure business focused on data center power generation. A new CEO and board members have been appointed as part of the company's strategic repositioning away from its SemiCab AI logistics business.

  

• GlobeNewswire Inc. 25 ago

  Algorhythm Holdings Pursuing Potential Sale and Other Strategic Alternatives for its SemiCab AI Logistics Business

  Algorhythm Holdings is evaluating strategic alternatives for its SemiCab AI logistics business, including a potential sale, spin-off, or continued operation. The company has received multiple indications of interest from potential buyers. This strategic review comes as Algorhythm simultaneously evaluates a potential business combination with an energy infrastructure company focused on data center power generation, which would become the company's principal operating business if completed.