Algorhythm Holdings Inc (RIME) Stock Split History

Algorhythm Holdings Inc has split its stock once since its initial public offering (IPO). The stock split of Algorhythm Holdings Inc occurred on February 10, 2025 on a 1-for-200 basis, meaning that for 200 shares of RIME owned pre-split, shareholders then owned 1 share.

This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Algorhythm Holdings Inc's total market capitalization.

The answer will depend on the decisions of the company's managers and market volatility. Algorhythm Holdings Inc has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when RIME stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Algorhythm Holdings Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.