Green Thumb's RSLGH Receives 133,716 Interest Warrants, Boosting Stake to 89.9%
RYM sits 79% above its 52-week low of $14.
Summary
Green Thumb's RSLGH received Interest Warrants for 133,716 shares as interest payments on its convertible notes, raising its beneficial ownership to 89.9% of RYTHM.
Key Events · Ownership and Investor Activity · RYM
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Interest Warrants Issued
On September 1, 2026, RYTHM issued Interest Warrants exercisable for 57,377 shares (May 2025 Note) and 76,339 shares (August 2025 Note) to RSLGH as payment of accrued interest.
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Ownership Rises to 89.9%
Green Thumb's beneficial ownership increased to 13,424,103 shares, representing 89.9% of RYTHM's 2,179,128 outstanding shares as of September 1, 2026.
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Non-Cash Interest Payment
The warrants were issued in lieu of cash interest, determined by dividing accrued unpaid interest by the warrant conversion price under each note.
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Control Position Deepens
The filing states the Reporting Persons may be deemed to have a 'control purpose' and may pursue changes to capitalization, board structure, or business combinations.
Analysis · RYM · Industrial Applications And Services
Green Thumb's subsidiary RSLGH received Interest Warrants exercisable for 133,716 shares on September 1, 2026, as payment-in-kind for accrued interest on two convertible notes. This increases the group's beneficial ownership to 13,424,103 shares, or 89.9% of RYTHM's 2,179,128 outstanding shares. The warrants are a non-cash interest payment that deepens Green Thumb's already-dominant control position, further concentrating ownership and reducing the public float.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 29.9% of the 1988 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, RYM was trading at $25.04 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $54.6M. The 52-week trading range was $14.00 to $53.65. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.