RIME: AZURE ENERGY, LLC discloses a purchase
By AlphaYouPublished Form 4
AZURE ENERGY, LLC
Reporting filer
AZURE ENERGY, LLC reported Purchase in Algorhythm Holdings, Inc.: 4076312 units of Common Stock, dated 2026-09-15. The full Form 4 contains 2 transaction entries.
- Disclosed
- Oct 6, 2026
Reported details
2 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Common Stock | AZURE ENERGY, LLC | 2026-09-15 | P | Purchase | 4076312 | Not stated (see footnotes) | 4,076,312 | 21 days | Filed terms
|
| Series B Preferred Stock | AZURE ENERGY, LLC | 2026-09-15 | P | Purchase | 22038 | Not stated (see footnotes) | 22,036 | 21 days | Filed terms
|
Common Stock
- Owner
- AZURE ENERGY, LLC
- Date
- 2026-09-15
- Code
- P
- Action
- Purchase
- Quantity
- 4076312
- Price
- Not stated (see footnotes)
- Following holdings
- 4,076,312
- Reporting delay
- 21 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-09-15
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: P
- equity Swap Involved: false
- id: F1
- transaction Timeliness:
- transaction Shares: 4076312
- id: F2
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 4076312
- direct Or Indirect Ownership: D
Series B Preferred Stock
- Owner
- AZURE ENERGY, LLC
- Date
- 2026-09-15
- Code
- P
- Action
- Purchase
- Quantity
- 22038
- Price
- Not stated (see footnotes)
- Following holdings
- 22,036
- Reporting delay
- 21 days
- Filed terms and references
Filed terms
- security Title: Series B Preferred Stock
- transaction Date: 2026-09-15
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: P
- equity Swap Involved: false
- id: F1
- transaction Timeliness:
- transaction Shares: 22038
- id: F2
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 22036
- id: F3
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- AZURE ENERGY, LLC: 10% owner.
- F1: 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.
- F2: Not applicable. See footnote 1.
- F3: The Series B preferred stock is convertible into shares of Issuer's common stock upon stockholder approval.
Original sources
Prepared automatically from public filing data. Report a correction.