Company Overview - Algorhythm Holdings, Inc. is an AI-driven technology and consumer electronics holding company with two primary investments: SemiCab Holdings and The Singing Machine Company [4] - SemiCab Holdings is an emerging leader in the AI-enabled global logistics industry, while The Singing Machine Company is the worldwide leader in consumer karaoke products [4] SemiCab Holdings - SemiCab operates a cloud-based Collaborative Transportation Platform designed to optimize logistics by predicting and managing millions of loads and hundreds of thousands of trucks [5] - The platform utilizes real-time data and AI/ML predictions to enhance transportation capacity, improve asset utilization, and reduce logistics costs, potentially saving shippers tens of billions of dollars annually [6] - SemiCab's technology can increase truck utilization rates from 65% to over 90%, significantly reducing the carbon footprint of the trucking industry and addressing issues like driver shortages and road congestion [6] The Singing Machine Company - The Singing Machine Company designs and distributes a wide range of karaoke products, marketed under proprietary brands and popular licenses, and provides access to over 100,000 songs through its mobile app [7] - The company is developing a fully integrated in-car karaoke system and has launched a philanthropic initiative, CARE-eoke, aimed at promoting the social impact of karaoke [8] - Singing Machine products are available in over 25,000 locations worldwide, including major retailers like Amazon, Costco, and Walmart [8] Upcoming Event - Algorhythm will present at the 15th Annual LD Micro Invitational Conference on April 10, 2025, at 1:30 PM ET, with one-on-one investor meetings to follow [2] - The LD Micro Invitational is a premier investor conference focused on showcasing innovative companies in the micro- and small-cap space, providing opportunities for networking and strategic dialogue [2][3]
Algorhythm Holdings to Present at the LD Micro Invitational XV Conference