4//SEC Filing
Stingray Group Inc. 4
Accession 0001104659-25-015072
CIK 0000923601other
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 1:25 PM ET
Size
8.2 KB
Accession
0001104659-25-015072
Insider Transaction Report
Form 4
Stingray Group Inc.
Other
Transactions
- Sale
Common Stock, $0.01 par value per share ("Common Shares")
2025-02-18$0.26/sh−5,494$1,428→ 2,722 total
Boyko Eric
Other
Transactions
- Sale
Common Stock, $0.01 par value per share ("Common Shares")
2025-02-18$0.26/sh−5,494$1,428→ 2,722 total
Footnotes (4)
- [F1]On February 18, 2025, pursuant to a Stock Repurchase Agreement entered into between Stingray Group Inc. ("Stingray") and the Issuer as of December 3, 2024, Stingray sold to the Issuer 5,494 shares of Common Stock for a price per share equal to $0.26, payable by way of an issuance by the Issuer of a promissory note to Stingray.
- [F2]In addition to Stingray, this Form 4 is being jointly filed by Eric Boyko, a Canadian citizen ("Boyko"). As of May 31, 2024, Boyko controlled, indirectly or directly, approximately 70.78% of the combined voting power of Stingray's outstanding shares.
- [F3]After giving effect to the transactions reported on this Form 4, Stingray directly beneficially owns 1,611 Common Shares and 1,111 warrants to purchase Common Shares ("Warrants"). Boyko indirectly beneficially owns 1,611 Common Shares (excluding Warrants).
- [F4]Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of any securities covered by this statement. Boyko disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
Documents
Issuer
Algorhythm Holdings, Inc.
CIK 0000923601
Entity typeother
IncorporatedCanada (Federal Level)
Related Parties
1- filerCIK 0001877714
Filing Metadata
- Form type
- 4
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 1:25 PM ET
- Size
- 8.2 KB