SemiCab Wins New Pilot Program with 6th Largest Global Consumer Package Goods Company [Yahoo! Finance]
Algorhythm Holdings, Inc. (RIME)
Company Research
Source: Yahoo! Finance
Fort Lauderdale, FL, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (NASDAQ: RIME) (“Algorhythm” or the “Company”), an AI technology and consumer electronics holding company, today announced that its subsidiary, SemiCab Holdings, LLC (“SemiCab”), has been awarded a commercially scalable pilot program with the world's sixth-largest global consumer packaged goods (CPG) producer. The new freight business, launched as a proof-of-concept initiative in late October, will initially focus on the densely populated southwestern India commercial corridor. SemiCab will provide enterprise-level software services to SMCB Solutions Private Limited (“SemiCab India”) to provide its AI-powered platform, designed to reduce service costs, improve delivery accuracy, and eliminate empty miles. SemiCab India has acquired the rights to handle cargo for this new client and provide its highly scalable lane service without financial or geographical limitations, subject to mutual consent. “This
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RIME
News
- Univest Securities, LLC Announces Closing of $2 Million Registered Direct Offering for its Client Algorhythm Holdings, Inc. (NASDAQ: RIME) [Yahoo! Finance]Yahoo! Finance
- Univest Securities, LLC Announces Closing of $2 Million Registered Direct Offering for its Client Algorhythm Holdings, Inc. (NASDAQ: RIME)GlobeNewswire
- Karaoke Market to Grow by USD 450.8 Million (2024-2028), Rising Popularity of Music-Related Leisure Activities Boosting Growth, AI Impact on Market Trends - Technavio [Yahoo! Finance]Yahoo! Finance
- SemiCab Wins New Pilot Program with 6th Largest Global Consumer Package Goods CompanyGlobeNewswire
- Algorhythm Holdings, Inc. Announces $2 Million Registered Direct Offering [Yahoo! Finance]Yahoo! Finance
RIME
Sec Filings
- 12/19/24 - Form DEF
- 12/18/24 - Form 8-K
- 12/18/24 - Form 424B5
- RIME's page on the SEC website