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Fort Lauderdale, FL, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm” or the “Company”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, announced today the closing of its previously announced public offering with gross proceeds to the Company of approximately $9.5 million, before deducting placement agent fees and other estimated expenses payable by the Company. The offering comprised of 55,882,352 shares of the Company’s common stock (or pre-funded warrants in lieu of shares of common stock). Each share of common stock or pre-funded warrant was sold with one Series A Warrant to purchase one share of common stock at an exercise price of $0.17 per share (the “Series A Warrants”) and one Series B Warrant to purchase one share of common stock at an exercise price of $0.34 per share (the “Series B Warrants” and, together with the Series A Warrants, the “Warrants”). The Warrants will become exercisable upon the approval of the Company’s stockholders of the issuance of the shares of common stock issuable upon exercise of the Warrants, and certain other provisions of the Warrants. The Series A Warrants will expire on the five-year anniversary of its initial exercise date and the Series B Warrants will expire on the two and one-half-year anniversary of its initial exercise date. The purchase price of each share of common stock and accompanying Warrants was $0.17, and the purchase price of each pre-funded warrant and accompanying Warrants was such price minus $0.01. The Company intends to use the net proceeds from this offering for working capital and other general corporate purposes, and for repayment of certain outstanding senior secured notes of the Company. Univest Securities, LLC is acting as sole placement agent for the offering. The securities described above are being offered by the Company pursuant to a registration statement on Form S-1 (File No. 333283178) (the “Registration Statement”) previously filed and declared effective by the Securities and Exchange Commission (the “SEC”). This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. The offering is being made only by means of a prospectus which is a part of the Registration Statement. A final prospectus relating to the offering has been filed with the SEC and is available on the SEC’s website at www.sec.gov . Electronic copies of the final prospectus relating to this offering may be obtained, when available, by contacting Univest Securities, LLC at info@univest.us , or by calling +1 (212) 343-8888. About Algorhythm Holdings Algorhythm Holdings, Inc. is a holding company with two primary investments. First, the Company owns SemiCab Holdings, an emerging leader in the AI-enabled global logistics industry. Second, the Company owns The Singing Machine Company, the worldwide leader in the consumer karaoke industry. SemiCab is a cloud-based Collaborative Transportation Platform built to achieve the scalability required to predict and optimize millions of loads and hundreds of thousands of trucks. To orchestrate collaboration across manufacturers, retailers, distributors, and their carriers, SemiCab uses real-time data from API-based load tendering and pre-built integrations with TMS and ELD partners. To build fully loaded round trips, SemiCab uses AI/ML predictions and advanced predictive optimization models. On the SemiCab platform, shippers pay less and carriers make more while not having to change a thing. Since 2020, SemiCab has enabled major retailers, brands and transportation providers to address these common supply-chain problems globally. SemiCab's Orchestrated Collaboration TM AI model has proven to increase transportation capacity, improve asset utilization, reduce empty miles, lower logistics costs, and provide visibility into the entire transportation network. Models show the technology has the capability of saving shippers tens of billions of dollars annually through optimization. Further, SemiCab’s technology also has the potential to play a key role in the improved sustainability model globally. Based on its proven ability to improve truck utilization rates from 65% to over 90%, this results in a dramatic reduction in the carbon footprint of the industry. The optimization of existing truck utilization can add approximately 30% more trucking capacity without adding more trucks, drivers or driven miles which addresses common problems plaguing the industry like severe driver shortage and road congestion. Trucking optimization could also eliminate approximately 25% of CO2 emissions attributable to road freight. For additional information regarding SemiCab: http://www.semicab.com The Singing Machine Company, Inc. is the worldwide leader in consumer karaoke products. Based in Fort Lauderdale, Florida, and founded over forty years ago, the Company designs and distributes the industry's widest assortment of at-home and in-car karaoke entertainment products. Their portfolio is marketed under both proprietary brands and popular licenses, including Carpool Karaoke and Sesame Street. Singing Machine products incorporate the latest technology and provide access to over 100,000 songs for streaming through its mobile app and select WiFi-capable products and is also developing the world’s first globally available, fully integrated in-car karaoke system. The Company also has a new philanthropic initiative, CARE-eoke by Singing Machine , to focus on the social impact of karaoke for children and adults of all ages who would benefit from singing. Their products are sold in over 25,000 locations worldwide, including Amazon, Costco, Sam’s Club, Target, and Walmart. To learn more, go to www.singingmachine.com . Investor Relations Contact: investors@algoholdings.com www.algoholdings.com Forward Looking Statements This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements are subject to considerable risks and uncertainties. The Company intends such forward-looking statements to be covered by the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release, including statements about our beliefs and expectations, are "forward-looking statements" and should be evaluated as such. Forward-looking statements may be identified by words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “suggest”, “will,” and similar expressions. Forward-looking statements in this press release include, without limitation, statements relating to the timing, size and expected gross proceeds of the Offering, the completion of the Offering, the satisfaction of customary closing conditions related to the Offering and sale of securities, the Company’s ability to complete the Offering, and the intended use of proceeds from the Offering. The Company has based these forward-looking statements on its current expectations and projections about future events. Forward-looking statements are subject to and involve risks, uncertainties, and assumptions that may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements predicted, assumed or implied by such forward-looking statements, including, without limitation, risks, uncertainties and assumptions related to market conditions and the satisfaction of closing conditions related to the Offering, risks disclosed in the section titled “Risk Factors” included in the Registration Statement on Form S-1 initially filed with the SEC on November 12, 2024, and risks disclosed under item 1A. “Risk Factors” in the Company’s most recently filed Form 10-KT filed with the SEC and the Company’s Quarterly Reports on Form 10-Q. This press release speaks as of the date indicated above. The Company undertakes no obligation and expressly disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.ubet88 casino 。

YOU could lose out on a £1million Lotto jackpot due to a hidden rule in the small-print. Sub-postmaster Gerald Lowery, 67, has warned scratchcard players over the little-known mistake. Gerald sells National Lottery scratchcards at his Post Office branch in the Cumbrian village of Millom. Earlier this year a customer came in to claim a £5 prize on their scratchcard. But Gerald spotted the scratchcard had been accidentally sold after its expiry date. A baffled Gerald refunded the customer himself - saying it was lucky they hadn't won the £1million jackpot. Most read in Money FOOD FIGHT BBC chef apologises after closing restaurant - leaving customers out of pocket FOR LUCK'S SAKE Watch moment £100k lotto jackpot 'DISAPPEARS' leaving player with nothing If you scratched off the maximum £1million Scratchcard prize, you could lose out if your winning ticket expired before sale. Gerald was puzzled why the out-of-date ticket had slipped through and flagged the problem with lotto operator Allywn. The firm told him that he had missed the deadline to sell the scratchcard pack - and could not get a refund for unsold cards. Gerald told The Sun: "I haven't done anything wrong, but I'm out of pocket." Most read in Money FESTIVE BEER Full list of Wetherspoons opening in Scotland on Xmas Day, is one near you? WINTER WONDERLAND First look inside award-winning Santa's Grotto just 20mins from Glasgow FARM LIFE Farm with Scotland's only lake up for sale LUXURY LIVING Scots tycoon smashes house sale record at neighbourhood loved by celebs He put the pack on sale in September 1 last year, two months before the deadline for "activating" them. National Lottery Winners' advisors tell The Sun what it's like to give away £7bn The last day where he could officially sell the cards was January 29 this year, and the deadline for players to claim their prizes was July 27. Gerald kept the cards on sale on the understanding Allwyn would not send a new pack until the old one had sold out. He said he must have accidentally sold a scratchcard after the January 29 deadline, but is confused how it could have happened. The sub-postmaster said he was used to the old system where Post Office middlemen dealt with longtime Lotto operator Camelot. Under the old system, Post Office officials would refund shopkeepers for any unsold cards. But new operator Allwyn deals with shopkeepers directly - and Gerald likely fell foul of the small print while adjusting. He said the rule changes have left him out of pocket even though he has done nothing wrong. Gerald said: " I am just disappointed in Allywn and very wary of them. "They've had people come to visit my shop and they were of no help whatsoever. It's gone on long enough now." Allwyn said it will send someone to Gerald's shop to help him figure out any issues and get used to the system. The operator said Gerald doesn't owe any money - but isn't due a refund for unsold scratchcards either. UK's biggest lottery winners By Ethan Singh Anonymous winner - £195,707,000 A UK ticket-holder scooped the record EuroMillions jackpot of £195 million on July 19 2022 – the biggest National Lottery win of all time. The holder, who remains anonymous to this day, amassed the fortune with just one lucky ticket. Joe and Jess Thwaite - £184,262,899.10 Britain's previous EuroMillions record holders were Joe and Jess Thwaite. The couple won a record-breaking £184million jackpot in May 2022 and shared hopes of a Hawaiian holiday and a new horse box for their children's ponies. Joe bought his winning ticket online on May 10, 2022, and the following morning received an email with good news. As he learnt of the huge win, he was in disbelief and initially kept it for himself as he did not want to disturb his wife, who was sleeping. Joe, a communications sales engineer, and Jess, who runs a hairdressing salon with her sister, have been married for 11 years and have two children. Colin and Chris Weir, £161,653,000 Colin and Christine Weir landed the colossal prize money in 2011 and were Europe’s second-biggest winners until someone in Italy won a jackpot worth £193m in 2019. They splashed the cash at an astounding rate of £100,000 a week before tragedy struck. But at the time of Colin’s death in December 2019 his share of the prize money had dwindled by around £40m . He spent the millions living a life of luxury, forking out for sports cars, property and the football club he supported. Colin and Christine divorced shortly before his death after being married for 38 years. He left money for their children Carly and Jamie. Adrian and Gillian Brayford - £148,600,000 Adrian and Gillian won 190 million euros in a EuroMillions draw in August 2012, which came to just over £148 million. But Adrian split from Gillian the following year because of the stress of the win. The couple bought a Grade II listed estate in Cambridgeshire, complete with cinema and billiards room, but it was sold in 2021. After divorcing in 2013, he failed to woo ex-sausage factory worker Marta Jarosz — but fell for stable girl Sam Burbidge. She left him in 2017, taking 30 prize horses Adrian bought. It might have worked out in the end for Adrian though as the former postman was seen smiling with ambulance worker Tracey Biles last year. Frances and Patrick Connolly - £114,969,775 Former social worker and teacher Frances set up two charitable foundations after she and her husband hit the jackpot. They scooped almost £115 million on New Year’s Day 2019. She estimates that she has already given away £60 million to charitable causes, as well as friends and family. Richard and Debbie Nuttall - £61,000,000 The couple from Colne, Lancashire, took home £61 million on January 30 2024. Both 54, they were enjoying a holiday in Fuerteventura, celebrating their 30th wedding anniversary. But they then discovered the big EuroMillions win. Richard revealed they originally thought they had won £2.60, but then received another email telling the pair to check their account. Other eye-watering anonymous winners: 2019 - £123million Another anonymous winner scooped up a prize of £123,458,008 in the June Superdraw rollover. 2021 - £122million Following nine rollovers, one ticketholder bagged the £122,550,350 jackpot last April. The successful participant chose to remain anonymous. 2018 - £121million Another anonymous winner found their fortune during the Superdraw jackpot rollover in April 2018, securing £121,328,187. An Allwyn spokesperson said: "This pack of 60 Scratchcards was activated for sale on September 1 last year. "The game closed for sale on 29 January 2024 – over four months later. "Once the pack was activated, the Scratchcards became the retailer’s property. "To be clear, Mr Lowery doesn't owe anything, and he isn't due anything either. "We don't offer refunds for activated partial packs, nor did the previous National Lottery operator. "This is because retailers are given plenty of time to sell through the packs. "Full, unactivated Scratchcard packs should be returned, free of charge. "The retailer would've previously contracted directly with Post Office Limited in relation to his National Lottery account." Read more on the Scottish Sun FESTIVE FIZZ Coca-Cola Christmas truck in Scotland: Dates, locations & all you need to know AND RELAX Scots seaside hotel with outdoor hot tub and firepit named UK's top spa resort Allwyn added: "Post Office Limited may have had different processes to follow. "We'll get a member of our team to arrange a visit with Mr Lowery to offer him further support." 1 Sub-postmaster Gerald Lowery, 67, warned scratchcard players over the mistake Credit: Alamy What are my chances of winning the lottery? EVERYONE wants to know how to beat the odds and win the lottery. But unfortunately, the lottery is a game of luck and there are no tips or tricks that can guarantee you'll take home a top prize. The odds show how likely you are to win any particular prize - the lower the number, the better the odds. For example, odds of 1 in 10 are better than odds of 1 in 100 or 1 in 1,000. There are several major lottery games in the UK including Lotto by the National Lottery, Camelot's EuroMillions and Thunderball. Chances of winning the Lotto Lotto by the National Lottery is a game where you pick six numbers from 1 to 59. You can play up to seven lines of numbers on each slip. The game costs £2 to play per slip. The odds of winning any prize on the Lotto are 1 in 9.3. But to win the jackpot on the Lotto, the odds are considerably slimmer. To bag the top prize , you need to have six matching balls. The odds of doing this and scooping the jackpot are currently 1 in 45,057,474. The next highest prize of £1,000,000 is for getting five main matching balls plus the bonus ball. The odds of taking home the million pound prize are 1 in 7,509,579 - far higher than the jackpot, but still unlikely. The odds of taking home £1,750 for getting five main numbers without the bonus ball are 1 in 2,180, while you have a 1 in 97 chance of bagging £140 for getting four main numbers. Your chances of taking home £30 for getting 3 main numbers are much better at 1 in 97. And you have a roughly 1 in 10 chance of getting a free lucky dip for 2 matching numbers. Chances of winning the EuroMillions The EuroMillions costs £2.50 to play and is open on Tuesdays and Fridays. To play, you must pick five numbers from 1-50 and two "Lucky Stars" from 1-12. Players with the most matching numbers win the top prizes. Your chance of bagging the EuroMillions jackpot is even slimmer than winning the top Lotto prize. This is because it generally has higher jackpots on offer, meaning it attracts more attention . Currently, the odds of matching five numbers and two lucky stars - the top win - stand at 1 in 139,838,160. The average jackpot prize is £57,923,499, according to EuroMillions. The odds of winning the second top prize for matching 5 balls and a lucky star, which is typically around £262,346, are 1 in 6,991,908. The chances of taking home the third prize for five matching balls, with an average payout of £26,277, are 1 in 3,107,515. For four matching balls with two lucky stars, it's 1 in 621,503, and for four balls with one lucky star, it's 1 in 31,076. These come with an average prize of £1,489 and £95, respectively. Chances of winning the Thunderball Thunderball is another game run by National Lottery where you pick five numbers and one "Thunderball". It costs just £1 to play and you can enter up to four times a week. The jackpot of £500,000 for matching five balls plus the Thunderball is 1 in 8,060,598. Your odds of bagging the next highest prize of £5,000 for matching five balls is currently 1 in 620,046, while the chances of winning £250 for four balls plus the Thunderball is 1 in 47,416. You have the best chance of winning £3 for matching the Thunderball, with odds of 1 in 29.Overall, this match was a testament to Liverpool’s strength as a team and their ability to overcome any physical challenges that may come their way. Klopp’s philosophy of focusing on skill and teamwork over physical appearance has once again proven effective, as Liverpool delivered a stellar performance against Girona. As they gear up for the upcoming season, Liverpool fans can be confident that their team is in good hands with Klopp at the helm, guiding them towards more victories and silverware.

TORONTO — Canada's main stock index edged higher in trading on Wednesday, helped by strength in the technology sector, while U.S. stock markets also rose. The S&P/TSX composite index was up 5.45 points at 25,641.18. The index took a “breather” Wednesday ahead of key labour market indicators set to be released both in Canada and the U.S. this week, said Angelo Kourkafas, senior investment strategist at Edward Jones. Statistics Canada will report the latest data from the national labour force survey on Friday, the same day the November jobs report is due in the U.S. “That's the last important data point for the Bank of Canada before they meet next week,” said Kourkafas. November was a strong month for equities, he said, so it isn't surprising that investors are digesting the gains while they await new data. He said it’s expected that Statistics Canada will report an acceleration of job gains after last month brought a “relatively weak reading,” with job gains at about half of what analysts were expecting. While Canada’s central bank is expected to cut its key interest rate a fifth straight time on Dec. 11, the size of the cut could depend on that jobs data, he said. “We're now looking at a rebound, but as the Bank of Canada deliberates between a quarter point cut versus half a percentage point cut, I think what we are going to see in terms of unemployment rate and the base of job gains is going to have a say into that,” said Kourkafas, adding that wage growth is another important metric to watch. “If we see steady job growth and slowing wages, that can potentially tilt the Bank of Canada towards a larger cut.” In New York, the Dow Jones industrial average was up 308.51 points at 45,014.04. The S&P 500 index was up 36.61 points at 6,086.49, while the Nasdaq composite was up 254.21 points at 19,735.12. U.S. markets were propelled by strength in the technology sector, said Kourkafas, highlighting strong results in quarterly earnings released this week by Salesforce Inc. and Marvell Technology Inc. “I think today's results highlight that there is still a long runway and still enthusiasm, excitement about artificial intelligence and kind of that multi-year adoption cycle,” he said. The Canadian dollar traded for 71.09 cents US compared with 71.14 cents US on Tuesday. The January crude oil contract was down US$1.40 at US$68.54 per barrel and the January natural gas contract was up less than a penny at US$3.04 per mmBTU. The February gold contract was up US$8.30 at US$2,676.20 an ounce and the March copper contract was down less than a penny at US$4.20 a pound. This report by The Canadian Press was first published Dec. 4, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD) Sammy Hudes, The Canadian PressOverall, the leaked spy shots of the Nio ET9's interior have generated a significant amount of excitement and anticipation among automotive enthusiasts. With its luxurious configurations, cutting-edge technology, and thoughtful design, the upcoming electric vehicle is poised to set a new standard for premium electric vehicles in the market.

TCU pulls away from Arizona 49-28 with relentless offenseTwo bottom-placed teams Melbourne Stars and Adelaide Strikers will face each other in WBBL 2024 game number 40. The Melbourn Stars vs Adelaide Strikers WBBL 2024 match will begin at 04:30 PM IST (Indian Standard Time) on November 24 at the Junction Oval. The Star Sports Network has the official broadcast right for the WBBL 2024 and the fans can tune into Star Sports Network channels to watch the Melbourne Stars vs Adelaide Strikers live broadcast of the WBBL 2024. The Melbourne Stars vs Adelaide Strikers Live streaming will also be available on the Disney + Hostar app and website. Lizelle Lee Registers Highest Score by Batter in Women's Big Bash League, Smashes 150 Runs During Hobart Hurricanes vs Perth Scorchers WBBL 2024 Match (Watch Innings Highlight) . Unchanged squad for our final #WBBL10 clash. See you at the CitiPower Centre tomorrow ✨ pic.twitter.com/wvgXuWYevs — Melbourne Stars (@StarsBBL) November 23, 2024 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)

This harrowing tale serves as a cautionary reminder of the dangers of addiction and the devastating impact it can have on one's life. It underscores the importance of raising awareness about the risks of harmful habits and the urgent need for intervention and support for those struggling with addiction. It also serves as a wake-up call to society to address the root causes of addiction and provide resources and assistance to those in need.Inter Milan has been on an impressive run in Serie A, sitting at the top of the table and showcasing their dominance in Italian football. With star players like Romelu Lukaku, Lautaro Martínez, and Nicolo Barella leading the charge, the team has been in formidable form, both domestically and in Europe. The arrival of manager Simone Inzaghi, who previously guided Lazio to success, has brought a new dimension to Inter's gameplay, emphasizing fluid attacking football and solid defense.

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With the emergence of a "life-saving straw" in the market, is corn about to undergo a transformation? The subtle shift in market sentiment is raising eyebrows and sparking discussions among analysts and investors alike.

TCU pulls away from Arizona 49-28 with relentless offense

As the countdown to TGA begins, anticipation for 'No Man's Land 4' continues to build. With the confirmation of the 'Four Seas Brothers' joining the cast and the reveal of the talented lineup of actors set to portray the characters, fans can expect an unforgettable showcase of talent and entertainment. Stay tuned for more updates and announcements as the journey to TGA and the premiere of 'No Man's Land 4' unfolds.

Title: "Romelu: A Historic Clash with Liverpool Where Victory is the Only Goal"

As Atalanta continues to challenge the traditional powerhouses of Italian football, Muriel's confidence and belief in the team's abilities will be crucial. With the support of their passionate fans and the guidance of Gasperini, Atalanta has the potential to make history and lift the Serie A trophy for the first time in their history.None

NoneDespite his success at Dortmund, rumors of a potential move away from the club have persisted. Premier League giants such as Manchester United, Chelsea, and Liverpool have all been linked with a move for Dembélé, with reports suggesting that they see him as a key addition to their attacking options. However, the player himself has been quick to quash these rumors, stating that he is happy at Dortmund and has no desire to leave.The arrest of the Ivy League graduate in connection with the shooting serves as a stark reminder of the complex interplay between mental health, privilege, and violence. It underscores the importance of addressing mental health issues, even among those who seemingly have everything going for them. The case also highlights the need for greater awareness and support for individuals facing mental health challenges, particularly in high-pressure environments such as the competitive world of business.