Algorhythm Holdings, Inc. (NASDAQ:RIME – Get Free Report) major shareholder Milton C. Ault III sold 35,600 shares of the stock in a transaction on Monday, September 30th. The shares were sold at an average price of $0.49, for a total value of $17,444.00. Following the completion of the transaction, the insider now directly owns 1,414,610 shares of the company’s stock, valued at $693,158.90. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Algorhythm Trading Up 3.3 %
NASDAQ RIME opened at $0.49 on Friday. Algorhythm Holdings, Inc. has a one year low of $0.35 and a one year high of $1.97.
About Algorhythm
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