Algorhythm to Implement 1-for-200 Reverse Stock Split

MT Newswires Live

2025/02/06

Algorhythm Holdings (RIME) said Wednesday it would implement a 1-for-200 reverse stock split, effective Feb. 10.

The reverse split will help the company meet Nasdaq's $1 minimum bid price listing requirement, the company said.

Shares of the company fell nearly 14% in recent trading.

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