ALGO

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RestructuringJun 22, 2026Negative

Algorhythm Holdings secures forbearance on $1.75M note payment default

Algorhythm Holdings and noteholder SemiCab agreed to waive default on a missed $1.75M payment due May 2, 2026, with forbearance extending to July 16, 2026. The agreement suggests potential liquidity challenges for the company and refinancing negotiations with creditors.

View filing at SEC.gov →

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