Added to YB: 2026-02-19
Pitch date: 2026-02-17
RIME [bearish]
Algorhythm Holdings, Inc.
-8.64%
current return
Author Info
Fugazi Research exposes inflated valuations built on illusion — not substance. We dissect the narratives, trace the incentives, and reveal who’s really cashing in. In a market full of noise, we show what’s real behind the fugazi. Sign up for the newsletter.
Company Info
Algorhythm Holdings, Inc., together with its subsidiaries, operates as an AI technology and consumer electronics holding company.
Market Cap
$20.0M
Pitch Price
$2.43
Price Target
N/A
Dividend
N/A
EV/EBITDA
-2.04
P/E
-0.30
EV/Sales
0.86
Sector
Household Durables
Category
special_situation
$RIME: Where Slumdog Trucking Becomes AI Hype and Runs Over Investors
RIME (short): Rebranded karaoke co now 'AI freight' via unverified Indian subsidiary SemiCab. Lost $13.1M on $3M rev (9mo, -433% margin), cash fell 62% to $2.8M, shares +113% in <3mo. Streeterville toxic lender (Fife, prior SEC charges) holds $20M convertibles at 90% VWAP discount w/ 9.99% cap forcing continuous selling. Death spiral dilution, going concern warning, 107x leverage. Fake AI narrative, broken white paper link, Fox News pump. Uninvestable.
Read full article (12 min)