Algorhythm Holdings, Inc.
For the period ended Dec 31, 2025. Filed Apr 2, 2026.
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FY2025 · Filed Apr 2, 2026
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Item 3. Legal Proceedings
On February 11, 2025, Blue Yonder, Inc. (“Blue Yonder”) filed a civil action in the Superior Court of the State of Arizona against us for breach of contract and to enforce a stipulated judgment entered against SemiCab, Inc. in connection with the liabilities related to Blue Yonder that we assumed when it acquired SemiCab, Inc.’s business. Blue Yonder alleges that, because we assumed these liabilities, Blue Yonder can enforce the judgment against us. The judgment was in the amount of $509,119. On August 1, 2025, we filed an answer to the complaint and counterclaims against Blue Yonder for breach of contract. On January 30, 3026, the court granted Blue Yonder’s motion for judgment on the pleadings. The outcome of this matter is uncertain.
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