RYTHM, Inc. (RYM) AI Dilution Summary
Updated Oct 8, 2026
Cash was $41,915,000 at the 2026-06-30 balance-sheet date; the funding channel in use is a $15,000,000 equity line with Ionic Ventures, LLC, $400,000 drawn and 189,645 shares issued to date. Dilution here is driven primarily by that equity line, priced at 93% of the lowest daily VWAP after each Purchase Notice (80% during an uncured default), so shares issued per dollar rise as the price falls; Ionic need not buy when the close is at or below $3.75, and the term ends 2027-11-04.