UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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FORM
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
On September 5, 2024, Milton C. Ault, III, James M. Turner, and Kenneth S. Cragun, each notified the board of directors (the “Board”) of Algorhythm Holdings, Inc. (the “Company”) of his decision to resign from the Board, effective immediately. Mr. Ault’s, Mr. Turner’s, and Mr. Cragun’s respective decisions to resign were not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
The Company wishes Messrs. Ault, Turner and Cragun all the best in their future endeavors and thanks them for their contributions to the Company while members of the Board.
Item 8.01 Other Events.
On September 10, 2024, the Company issued a press release announcing the resignations of Messrs. Ault, Turner and Cragun as members of the Board. A copy of the press release is filed hereto as Exhibit 99.1 and incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits
Exhibit No. | Description | |
99.1 | Press Release dated September 10, 2024 | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: September 10, 2024 | Algorhythm Holdings, Inc. | |
By: | /s/ Gary Atkinson | |
Name: | Gary Atkinson | |
Title: | Chief Executive Officer |