Algorhythm Holdings, Inc. (NASDAQ:RIME – Get Free Report) major shareholder Milton C. Ault III sold 25,300 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $0.62, for a total transaction of $15,686.00. Following the completion of the transaction, the insider now owns 1,749,000 shares in the company, valued at $1,084,380. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Algorhythm Stock Performance
NASDAQ:RIME opened at $0.55 on Friday. Algorhythm Holdings, Inc. has a 12-month low of $0.35 and a 12-month high of $1.97.
Algorhythm Company Profile
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