Algorhythm Eliminates Restrictive Series A Preferred Stock, Improving Financing and Transaction Flexibility
Fort Lauderdale, FL, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the “Company”) (NASDAQ: RIME ) – a diversified holding company that owns and operates Azure Energy, a renewable power infrastructure developer, and SemiCab, an AI-enabled logistics technology business, today announced the retirement of all of its outstanding shares of Series A Preferred.