Algorhythm Holdings, Inc. terminated a settlement agreement with Continuation Capital, Inc. (CCI) regarding outstanding liabilities originally totaling $1,928,014. The termination releases the company from its obligation to issue up to 5,000,000 shares of common stock in exchange for debt satisfaction. A remaining balance of approximately $1,418,649 is still due under the covered liabilities. Concurrently, the company furnished an updated corporate presentation for investor meetings. Algorhythm Holdings operates in the technology sector, focusing on algorithmic trading and financial data solutions.
