Algorhythm Holdings ( (RIME) ) has released a notification of late filing.
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Algorhythm Holdings has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending June 30, 2025. The primary reason for this delay is attributed to the inability to file without unreasonable effort or expense. The company anticipates that the report will be filed no later than the fifth calendar day following the prescribed due date. Importantly, Algorhythm Holdings does not expect any significant changes in its financial results compared to the corresponding period of the previous fiscal year. The notification was signed by Alex Andre, the Chief Financial Officer and General Counsel, who emphasized the company’s commitment to compliance.
The most recent analyst rating on (RIME) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Algorhythm Holdings stock, see the RIME Stock Forecast page.
Spark’s Take on RIME Stock
According to Spark, TipRanks’ AI Analyst, RIME is a Neutral.
Algorhythm Holdings faces significant financial and operational challenges, reflected in its low financial performance and valuation scores. While the strategic acquisition of SemiCab India and recent corporate events offer potential for future growth, the immediate financial distress and bearish technical indicators weigh heavily on the overall score.
To see Spark’s full report on RIME stock, click here.
More about Algorhythm Holdings
Average Trading Volume: 131,196
Technical Sentiment Signal: Strong Sell
Current Market Cap: $5.71M
For detailed information about RIME stock, go to TipRanks’ Stock Analysis page.
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