Milton C. Ault III Sells 25,300 Shares of Algorhythm Holdings, Inc. (NASDAQ:RIME) Stock

Algorhythm Holdings, Inc. ( NASDAQ:RIME – Get Free Report ) major shareholder Milton C. Ault III sold 25,300 shares of Algorhythm stock in a transaction dated Monday, September 16th.

The shares were sold at an average price of $0.62, for a total value of $15,686.00.



Following the sale, the insider now directly owns 1,749,000 shares in the company, valued at $1,084,380. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Algorhythm Price Performance NASDAQ RIME remained flat at $0.60 during trading hours on Wednesday. 49,493 shares of the company were exchanged, compared to its average volume of 248,032.

Algorhythm Holdings, Inc. has a 1-year low of $0.35 and a 1-year high of $1.

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