RYTHM, Inc.

RYTHM, Inc. held its 2026 Annual Meeting of Stockholders on June 16, 2026, with a quorum of 72.61% of eligible shares. Stockholders elected all seven director nominees and ratified the appointment of GuzmanGray as the independent registered public accounting firm for the fiscal year ending December 31, 2026. Additionally, an amendment to the 2022 Omnibus Equity Incentive Plan was approved, increasing the number of shares of Common Stock available for issuance by 115,000 shares.

RYTHM, Inc. announced a multi-year partnership with Navy Pier, designating RYTHM as its official THC beverage partner. This collaboration, launching May 22, will introduce hemp-derived THC beverages, including RYTHM's Sativa and Kush, and Señorita THC Margaritas, to Navy Pier's more than 8 million annual guests. The partnership will feature the RYTHM Stage in the Navy Pier Beer Garden, supported by events and seasonal programming, further expanding RYTHM's presence in iconic Chicago venues following its United Center sponsorship.

RYTHM, Inc. announced strong financial results for the first quarter ended March 31, 2026, with revenue from continuing operations increasing 24% sequentially to $13.3 million and gross profit reaching $10.4 million, or 78% of revenue. The company reported a net income of $19.9 million, primarily driven by a $25.6 million non-cash income tax benefit, and achieved approximately breakeven Adjusted EBITDA with $1.0 million in cash flow from operations. RYTHM also amended its brand intellectual property license agreements to establish fixed annual cash licensing fees of $70 million and launched new products, including 1777 by Señorita. For the second quarter of 2026, the company anticipates revenues of approximately $22 million, representing 65% sequential growth.

RYTHM, Inc.'s brand Señorita, known for its THC margaritas, has launched "1777," its first non-alcoholic hemp-derived THC spirit. Available in a 750mL bottle, 1777 offers 10mg of hemp-derived THC per 1.5 fl oz serving, providing a new, familiar way for consumers to enjoy THC. This expansion into the fast-growing THC spirits category builds on Señorita's innovation, following its 2025 launch of Ranch Water, and is available for direct-to-consumer purchase and nationwide distribution.

RYTHM, Inc. announced its Virtual Annual Meeting of Stockholders to be held on Tuesday, June 16, 2026. Stockholders will vote on the election of seven directors, the ratification of GuzmanGray as the independent registered public accounting firm for fiscal year 2026, and an amendment to the 2022 Omnibus Equity Incentive Plan to increase available shares by 115,000. The record date for voting is April 20, 2026.