4//SEC Filing
Foreman Jay B 4
Accession 0001104659-25-015288
CIK 0000923601other
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 7:13 PM ET
Size
7.8 KB
Accession
0001104659-25-015288
Insider Transaction Report
Form 4
Regalia Ventures LLC
Director
Transactions
- Sale
Common Stock, par value $0.01
2025-02-18−5,494→ 0 total(indirect: By LLC)
Holdings
- 254
Common Stock, par value $0.01
Foreman Jay B
Director
Transactions
- Sale
Common Stock, par value $0.01
2025-02-18−5,494→ 0 total(indirect: By LLC)
Holdings
- 254
Common Stock, par value $0.01
Footnotes (2)
- [F1]Pursuant to that certain Stock Repurchase Agreement, dated as of November 1, 2024, the Issuer repurchased 5,494 shares of common stock from Regalia Ventures LLC in exchange for a promissory note with a principal amount of $472,527.43 (the "Promissory Note"). Such Promissory Note bears interest at 10% per annum, such interest payable monthly, and the principal and outstanding interest under such Promissory Note shall become due and payable on demand from Regalia Ventures LLC.
- [F2]Regalia Ventures, LLC is an entity wholly owned by Mr. Foreman.
Documents
Issuer
Algorhythm Holdings, Inc.
CIK 0000923601
Entity typeother
Related Parties
1- filerCIK 0001934411
Filing Metadata
- Form type
- 4
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 7:13 PM ET
- Size
- 7.8 KB