AZURE ENERGY, LLC bought RIME
September 15, 2026 · Form 4 insider transaction
AZURE ENERGY, LLC bought 4,076,312 shares of Algorhythm Holdings, Inc., a transaction worth N/A. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 20 days after the transaction.
Footnotes
On September 15, 2026, Issuer, through its wholly owned subsidiary Azure Holdings, LLC, an NV limited liability company ("Buyer"), entered into an Asset Purchase Agreement (the "APA") with Azure Energy, LLC, a DE LLC ("Seller"), pursuant to which Buyer acquired from Seller substantially all of the assets (the "Purchased Assets") of Seller. The aggregate purchase price for the Purchased Assets consisted entirely of securities of Issuer equal in value to $23,000,000, comprised of: (a) 4,076,312 shares of common stock of Issuer, and (b) 22,038 shares of Series B Preferred Stock of Issuer.; Not applicable. See footnote 1.