Algorhythm regains Nasdaq listing compliance after equity tops $2.5 million

• Algorhythm received a Nasdaq notice on Nov. 28, 2025 that it was out of compliance with Listing Rule 5550(b)(1) after reporting stockholders’ equity below the $2.5 million minimum in its quarterly filing for the period ended Sept. 30, 2025.
• Nasdaq granted an extension on Jan. 28, 2026 following a compliance plan submitted on Jan. 12, 2026.
• The company reported stockholders’ equity of $3.17 million in its quarterly report for the period ended March 31, 2026, filed May 14, 2025, indicating it believes it has regained compliance.
• Nasdaq said it will continue to monitor compliance, with a risk of delisting if the next periodic report does not show the equity threshold is met.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Algorhythm Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-024859), on May 21, 2026, and is solely responsible for the information contained therein.