Green Thumb Industries (RYM) group discloses 49.99% stake and control intent in RYTHM

Rhea-AI Filing Summary

RYTHM, Inc. received an updated Schedule 13D/A showing that a group of related entities led by Green Thumb Industries Inc. collectively reports beneficial ownership of 13,211,928 shares of common stock, or 49.99% of the company, based on 2,149,148 shares outstanding as of March 1, 2026.

This stake includes previously acquired common shares, secured convertible notes and multiple series of warrants, many of which are subject to 4.99% or 49.99% beneficial ownership limits and Nasdaq-related conversion and exercise restrictions. On March 1, 2026, the company also issued new Interest Warrants for up to 57,377 shares as an interest payment under a May 2025 note.

The reporting group states that its actions may be deemed to have a control purpose and indicates it may engage with management, the board and other shareholders on capitalization, ownership structure, board composition, and potential business combinations or dispositions, as well as consider buying or selling additional securities.

Insights

Equity ownership and governance analyst

Large strategic holder discloses a near‑50% stake and potential control intent.

The filing indicates that entities affiliated with Green Thumb Industries Inc. collectively report beneficial ownership of 49.99% of RYTHM, Inc. common stock, tied to 13,211,928 shares. This figure is calculated against 2,149,148 shares outstanding as of March 1, 2026, reflecting extensive use of notes and warrants.

The position combines direct common stock with secured convertible notes and several warrant types, many capped by 4.99% or 49.99% beneficial ownership limitations and subject to Nasdaq conversion and exercise restrictions. A new block of Interest Warrants for 57,377 shares, issued as an interest payment on a May 2025 note, adds to this exposure.

The group acknowledges that its activities may be considered for a control purpose and outlines potential engagement on capitalization, ownership structure, board composition and possible business combinations or dispositions. Actual outcomes will depend on future decisions by the reporting holders and any subsequent company disclosures.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 7)

RYTHM, Inc.

(Name of Issuer)

Common Stock, $0.001 par value per share

(Title of Class of Securities)

Bret Kravitz
325 West Huron Street,Suite 700,
Chicago, IL, 60654
312.471.6720

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

03/01/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP Number(s):

1

Name of reporting person

RSLGH, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 13,211,928.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 13,211,928.00

11

Aggregate amount beneficially owned by each reporting person

13,211,928.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

49.99 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

This amount includes (a) 25,000 shares of Common Stock purchased on May 27, 2025; (b) 7,300 shares of Common Stock purchased on May 28, 2025; (c) 666,661 shares of Common Stock acquired on November 5, 2024; (d) 6,169,702 shares of Common Stock underlying warrants acquired on November 5, 2024, subject to a 49.99% beneficial ownership limitation; (e) 185,500 shares of Common Stock underlying warrants acquired pursuant to the warrant purchase agreement between RSLGH, LLC ("RSLGH") and Double or Nothing LLC dated December 12, 2024, subject to a 4.99% beneficial ownership limitation; (f) 119,136 shares of Common Stock underlying warrants (the "Interest Warrants") issued as payments of interest pursuant to the November 2024 Note and the May 2025 Note (as defined in Item 4), subject to a 49.99% beneficial ownership limitation; (g) 1,147,520 shares of Common Stock underlying the May 2025 Note (as defined in Item 4), subject to a 49.99% beneficial ownership limitation; (h) 1,526,769 shares of Common Stock underlying the August 2025 Note (as defined in item 4), subject to a 49.99% beneficial ownership limitation; (i) 3,222,997 shares of Common Stock underlying a warrant (the "Conversion Warrant") issued on November 3, 2025 upon conversion of the November 2024 Note (as defined in Item 4), subject to a 49.99% beneficial ownership limitation, and (j) 141,343 shares of Common Stock underlying warrants issued pursuant to the Shared Services Agreement (as defined in Item 3) (the "SSA Warrants"), subject to a 49.99% beneficial ownership limitation. The Conversion Warrant, the Interest Warrants, the May 2025 Note, the August 2025 Note and the SSA Warrants are subject to restrictions on conversion or exercise, as applicable, to the extent required under applicable Nasdaq rules.

SCHEDULE 13D

CUSIP Number(s):

1

Name of reporting person

WELLNESS MGMT, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 13,211,928.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 13,211,928.00

11

Aggregate amount beneficially owned by each reporting person

13,211,928.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

49.99 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

This amount includes (a) 25,000 of Common Stock purchased on May 27, 2025; (b) 7,300 shares of Common Stock purchased on May 28, 2025; (c) 666,661 shares of Common Stock acquired on November 5, 2024; (d) 6,169,702 shares of Common Stock underlying warrants acquired on November 5, 2024, subject to a 49.99% beneficial ownership limitation; (e) 185,500 shares of Common Stock underlying warrants acquired pursuant to the warrant purchase agreement between RSLGH and Double or Nothing LLC dated December 12, 2024, subject to a 4.99% beneficial ownership limitation; (f) 119,136 shares of Common Stock underlying the Interest Warrants, subject to a 49.99% beneficial ownership limitation; (g) 1,147,520 shares of Common Stock underlying the May 2025 Note (as defined in Item 4), subject to a 49.99% beneficial ownership limitation; (h) 1,526,769 shares of Common Stock underlying the August 2025 Note (as defined in item 4), subject to a 49.99% beneficial ownership limitation; (i) 3,222,997 shares of Common Stock underlying the Conversion Warrant, subject to a 49.99% beneficial ownership limitation, and (j) 141,343 shares of Common Stock underlying the SSA Warrants, subject to a 49.99% beneficial ownership limitation. The Conversion Warrant, the Interest Warrants, the May 2025 Note, the August 2025 Note and the SSA Warrants are subject to restrictions on conversion or exercise, as applicable, to the extent required under applicable Nasdaq rules.

SCHEDULE 13D

CUSIP Number(s):

1

Name of reporting person

FOR SUCCESS HOLDING COMPANY

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 13,211,928.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 13,211,928.00

11

Aggregate amount beneficially owned by each reporting person

13,211,928.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

49.99 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

This amount includes (a) 25,000 of Common Stock purchased on May 27, 2025; (b) 7,300 shares of Common Stock purchased on May 28, 2025; (c) 666,661 shares of Common Stock acquired on November 5, 2024; (d) 6,169,702 shares of Common Stock underlying warrants acquired on November 5, 2024, subject to a 49.99% beneficial ownership limitation; (e) 185,500 shares of Common Stock underlying warrants acquired pursuant to the warrant purchase agreement between RSLGH and Double or Nothing LLC dated December 12, 2024, subject to a 4.99% beneficial ownership limitation; (f) 119,136 shares of Common Stock underlying the Interest Warrants, subject to a 49.99% beneficial ownership limitation; (g) 1,147,520 shares of Common Stock underlying the May 2025 Note (as defined in Item 4), subject to a 49.99% beneficial ownership limitation; (h) 1,526,769 shares of Common Stock underlying the August 2025 Note (as defined in item 4), subject to a 49.99% beneficial ownership limitation; (i) 3,222,997 shares of Common Stock underlying the Conversion Warrant, subject to a 49.99% beneficial ownership limitation, and (j) 141,343 shares of Common Stock underlying the SSA Warrants, subject to a 49.99% beneficial ownership limitation. The Conversion Warrant, the Interest Warrants, the May 2025 Note, the August 2025 Note and the SSA Warrants are subject to restrictions on conversion or exercise, as applicable, to the extent required under applicable Nasdaq rules.

SCHEDULE 13D

CUSIP Number(s):

1

Name of reporting person

VCP23, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 13,211,928.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 13,211,928.00

11

Aggregate amount beneficially owned by each reporting person

13,211,928.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

49.99 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

This amount includes (a) of Common Stock purchased on May 27, 2025; (b) 7,300 shares of Common Stock purchased on May 28, 2025; (c) 666,661 shares of Common Stock acquired on November 5, 2024; (d) 6,169,702 shares of Common Stock underlying warrants acquired on November 5, 2024, subject to a 49.99% beneficial ownership limitation; (e) 185,500 shares of Common Stock underlying warrants acquired pursuant to the warrant purchase agreement between RSLGH and Double or Nothing LLC dated December 12, 2024, subject to a 4.99% beneficial ownership limitation; (f) 119,136 shares of Common Stock underlying the Interest Warrants, subject to a 49.99% beneficial ownership limitation; (g) 1,147,520 shares of Common Stock underlying the May 2025 Note (as defined in Item 4), subject to a 49.99% beneficial ownership limitation; (h) 1,526,769 shares of Common Stock underlying the August 2025 Note (as defined in item 4), subject to a 49.99% beneficial ownership limitation; (i) 3,222,997 shares of Common Stock underlying the Conversion Warrant, subject to a 49.99% beneficial ownership limitation, and (j) 141,343 shares of Common Stock underlying the SSA Warrants, subject to a 49.99% beneficial ownership limitation. The Conversion Warrant, the Interest Warrants, the May 2025 Note, the August 2025 Note and the SSA Warrants are subject to restrictions on conversion or exercise, as applicable, to the extent required under applicable Nasdaq rules.

SCHEDULE 13D

CUSIP Number(s):

1

Name of reporting person

GTI23, INC.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 13,211,928.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 13,211,928.00

11

Aggregate amount beneficially owned by each reporting person

13,211,928.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

49.99 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

This amount includes (a) 25,000 shares of Common Stock purchased on May 27, 2025; (b) 7,300 shares of Common Stock purchased on May 28, 2025; (c) 666,661 shares of Common Stock acquired on November 5, 2024; (d) 6,169,702 shares of Common Stock underlying warrants acquired on November 5, 2024, subject to a 49.99% beneficial ownership limitation; (e) 185,500 shares of Common Stock underlying warrants acquired pursuant to the warrant purchase agreement between RSLGH and Double or Nothing LLC dated December 12, 2024, subject to a 4.99% beneficial ownership limitation; (f) 119,136 shares of Common Stock underlying the Interest Warrants, subject to a 49.99% beneficial ownership limitation; (g) 1,147,520 shares of Common Stock underlying the May 2025 Note (as defined in Item 4), subject to a 49.99% beneficial ownership limitation; (h) 1,526,769 shares of Common Stock underlying the August 2025 Note (as defined in item 4), subject to a 49.99% beneficial ownership limitation; (i) 3,222,997 shares of Common Stock underlying the Conversion Warrant, subject to a 49.99% beneficial ownership limitation, and (j) 141,343 shares of Common Stock underlying the SSA Warrants, subject to a 49.99% beneficial ownership limitation. The Conversion Warrant, the Interest Warrants, the May 2025 Note, the August 2025 Note and the SSA Warrants are subject to restrictions on conversion or exercise, as applicable, to the extent required under applicable Nasdaq rules.

SCHEDULE 13D

CUSIP Number(s):

1

Name of reporting person

GREEN THUMB INDUSTRIES INC.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

BRITISH COLUMBIA, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 13,211,928.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 13,211,928.00

11

Aggregate amount beneficially owned by each reporting person

13,211,928.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

49.99 %

14

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person:

This amount includes (a) of Common Stock purchased on May 27, 2025; (b) 7,300 shares of Common Stock purchased on May 28, 2025; (c) 666,661 shares of Common Stock acquired on November 5, 2024; (d) 6,169,702 shares of Common Stock underlying warrants acquired on November 5, 2024, subject to a 49.99% beneficial ownership limitation; (e) 185,500 shares of Common Stock underlying warrants acquired pursuant to the warrant purchase agreement between RSLGH and Double or Nothing LLC dated December 12, 2024, subject to a 4.99% beneficial ownership limitation; (f) 119,136 shares of Common Stock underlying the Interest Warrants, subject to a 49.99% beneficial ownership limitation; (g) 1,147,520 shares of Common Stock underlying the May 2025 Note (as defined in Item 4), subject to a 49.99% beneficial ownership limitation; (h) 1,526,769 shares of Common Stock underlying the August 2025 Note (as defined in item 4), subject to a 49.99% beneficial ownership limitation; (i) 3,222,997 shares of Common Stock underlying the Conversion Warrant, subject to a 49.99% beneficial ownership limitation, and (j) 141,343 shares of Common Stock underlying the SSA Warrants, subject to a 49.99% beneficial ownership limitation. The Conversion Warrant, the Interest Warrants, the May 2025 Note, the August 2025 Note and the SSA Warrants are subject to restrictions on conversion or exercise, as applicable, to the extent required under applicable Nasdaq rules.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, $0.001 par value per share
(b)	Name of Issuer: RYTHM, Inc.
(c)	Address of Issuer's Principal Executive Offices: 2220 Hicks Road, Suite 210, Rolling Meadows, ILLINOIS , 60008.
Item 1 Comment: SCHEDULE 13D - EXPLANATORY NOTE This Amendment No. 7 to the statement on Schedule 13D ("Amendment No. 7") amends the Schedule 13D originally filed by the Reporting Persons (as defined herein) on November 13, 2024 and as amended by Amendment No. 1 thereto on December 16, 2024, Amendment No. 2 thereto on May 22, 2025, Amendment No. 3 thereto on May 29, 2025, Amendment No. 4 thereto on August 27, 2025, Amendment No. 5 thereto on October 20, 2025, and Amendment No. 6 thereto on November 4, 2025 (as amended, the "Schedule 13D") and relates to the shares of common stock, par value $0.001 ("Common Stock") of RYTHM, Inc. (the "Company" or the "Issuer") beneficially owned by (1) RSLGH, LLC, a Delaware limited liability company ("RSLGH"); (2) Wellness Mgmt, LLC, a California limited liability company and the sole member of RSLGH ("Wellness Mgmt"); (3) For Success Holding Company, a Delaware corporation and the sole member of Wellness Mgmt ("For Success Holding"); (4) VCP23, LLC, a Delaware limited liability company and the sole shareholder of For Success Holding ("VCP23"); (5) GTI23, Inc., a Delaware corporation and the sole member of VCP23 ("GTI23"); and (6) Green Thumb Industries Inc., a British Columbia corporation and the sole shareholder of GTI23 ("GTI" or "Green Thumb") (RSLGH, Wellness Mgmt, For Success Holding, VCP23, GTI23 and GTI, collectively, the "Reporting Persons"). In accordance with Rule 13d-2 of the Securities Exchange Act of 1934, as amended, except as specifically provided herein, this Amendment No. 7 does not modify any of the information previously reported on the Schedule 13D. Capitalized terms used but not otherwise defined in this Amendment No. 7 shall have the meanings ascribed to them in the Schedule 13D.
Item 2.	Identity and Background
(a)	N/A
(b)	N/A
(c)	N/A
(d)	N/A
(e)	N/A
(f)	N/A
Item 3.	Source and Amount of Funds or Other Consideration
	Item 3 of the Schedule 13D is hereby amended and supplemented as follows (which shall be in addition to the information previously included in the Schedule 13D): In aggregate, the Reporting Persons are deemed to have voting and dispositive power over 13,211,928 shares of Common Stock of the Company. On March 1, 2026, the Company issued Interest Warrants exercisable for up to 57,377 shares of Common Stock as a payment of interest under the May 2025 Note. The number of shares of Common Stock underlying such Interest Warrants was determined pursuant to the terms of the May 2025 Note by dividing the dollar amount of the outstanding accrued but unpaid interest as of such date by the warrant conversion price as set forth in the May 2025 Note. As of the date of this filing, the Reporting Persons have no margin or other loans outstanding secured by Common Stock.
Item 4.	Purpose of Transaction
	Item 4 of the Schedule 13D is hereby amended and supplemented as follows (which shall be in addition to the information previously included in the Schedule 13D): --Warrant Issuance-- On March 1, 2026, the Company issued Interest Warrants exercisable for up to 57,377 shares of Common Stock as a payment of interest under the May 2025 Note. The number of shares of Common Stock underlying such Interest Warrants was determined pursuant to the terms of the May 2025 Note by dividing the dollar amount of the outstanding accrued but unpaid interest as of such date by the warrant conversion price as set forth in the May 2025 Note. --General-- To the extent the actions described herein may be deemed to constitute a "control purpose" with respect to the Securities Exchange Act of 1934, as amended, and the regulations thereunder, the Reporting Persons have such a purpose. Except as noted in this Schedule 13D, the Reporting Persons do not have any plans or proposals, which relate to, or would result in, any of the matters referred to in paragraphs (b) through (j), inclusive of Item (4) of Schedule 13D. The Reporting Persons may, at any time and from time to time, review or reconsider their positions and formulate plans or proposals with respect thereto. Depending on various factors including, without limitation, the Issuer's financial position and investment strategy, the price levels of the Common Stock, conditions in the securities markets and general economic and industry conditions, the Reporting Persons may in the future take such actions with respect to their investment in the Issuer as they deem appropriate including, without limitation, engaging in communications with management and the board of directors of the Issuer (the "Board"), engaging in discussions with stockholders of the Issuer or other third parties about the Issuer and the Reporting Persons' investment, including potential business combinations or dispositions involving the Issuer or certain of its businesses, making recommendations or proposals to the Issuer concerning changes to the capitalization of the Issuer, ownership structure, Board structure (including Board composition), potential business combinations or dispositions involving the Issuer or certain of its businesses, or suggestions for improving the Issuer's financial and/or operational performance, purchasing additional shares securities of the Issuer, and/or selling some or all of the Investors securities in the Issuer.
Item 5.	Interest in Securities of the Issuer
(a)	The aggregate percentage of Common Stock reported owned by each Reporting Person is based upon approximately 2,149,148 shares of Common Stock outstanding as of March 1, 2026. As of the date hereof, each Reporting Person may be deemed to beneficially own 49.99% of the outstanding shares of Common Stock of the Issuer.
(b)	Because Wellness Mgmt is the sole member of RSLGH, For Success Holding is the sole member of Wellness Mgmt, VCP23 is the sole shareholder of For Success Holding, GTI23 is the sole member of VCP23, and GTI is the sole shareholder of GTI23 (collectively, other than RSLGH, the "GTI Parties"), the GTI Parties are deemed to share the voting and dispositive power over the 13,211,928 shares of Common Stock directly beneficially owned by RSLGH.
(c)	The Reporting Persons have not made any transactions in the Common Stock within the past 60 days other than as provided in Item 4 above, including Item 4 of the Schedule 13D, including all amendments thereto.
(d)	N/A
(e)	N/A
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	See the disclosure in Item 4 and Item 5 above and in the Schedule 13D, including all amendments thereto, which is incorporated into this Item 6, and see the joint filing agreement of the Reporting Persons.
Item 7.	Material to be Filed as Exhibits.
	99.1 - Joint Filing Agreement - https://www.sec.gov/Archives/edgar/data/1800637/000121390025047011/ea024332701ex99-1_agrify.htm 99.2 - Purchase Agreement dated November 5, 2024 -https://www.sec.gov/Archives/edgar/data/1800637/000121390024097577/ea022100501ex99-2_agrify.htm 99.3 - Secured Convertible Note dated November 5, 2024 -https://www.sec.gov/Archives/edgar/data/1800637/000121390024094613/ea022010001ex4-1_agrify.htm 99.4 - Purchase Agreement dated December 12, 2024 -https://www.sec.gov/Archives/edgar/data/1800637/000121390024109041/ea022484801ex99-4_agrify.htm 99.5 - Form of Secured Convertible Note dated May 22, 2025 - https://www.sec.gov/Archives/edgar/data/1800637/000121390025046875/ea024318601ex4-2_agrify.htm 99.6 - Form of Pre-Funded Common Stock Purchase Warrant -https://www.sec.gov/Archives/edgar/data/1800637/000121390025046875/ea024318601ex4-1_agrify.htm 99.7 - Amendment and Waiver to Secured Convertible Note dated May 8, 2025 - sec.gov/Archives/edgar/data/1800637/000121390025041201/ea023943501ex4-1_agrify.htm 99.8 - Second Amendment to Secured Convertible Note, dated May 22, 2025 - https://www.sec.gov/Archives/edgar/data/1800637/000121390025046875/ea024318601ex4-3_agrify.htm 99.9 - Purchase Agreement, dated May 20, 2025, by and between VCP IP Holdings, LLC and Agrify Corporation - https://www.sec.gov/Archives/edgar/data/1800637/000121390025046875/ea024318601ex10-1_agrify.htm 99.10 - Trademark and Recipe License Agreement, dated May 20, 2025, by and between MC Brands LLC and GTI Core, LLC -https://www.sec.gov/Archives/edgar/data/1800637/000121390025046875/ea024318601ex10-2_agrify.htm 99.11 - Amended and Restated Shared Services Agreement, dated May 22, 2025, by and between Agrify Corporation and Vision Management Services, LLC - https://www.sec.gov/Archives/edgar/data/1800637/000121390025046875/ea024318601ex10-5_agrify.htm 99.12 - Current Report on Form 8-K dated May 20, 2025 as filed on May 22, 2025 - https://www.sec.gov/Archives/edgar/data/1800637/000121390025046875/ea0243186-8k_agrify.htm 99.13 - Form of Secured Convertible Note dated August 25, 2025 - sec.gov/Archives/edgar/data/1800637/000121390025081148/ea025469501ex4-1_agrify.htm 99.14 - Form of Pre-Funded Common Stock Purchase Warrant - sec.gov/Archives/edgar/data/1800637/000121390025081148/ea025469501ex4-2_agrify.htm 99.15- Current Report on Form 8-K as filed on August 27, 2025 - sec.gov/Archives/edgar/data/1800637/000121390025081148/ea0254695-8k_agrify.htm 99.16 - Purchase Agreement, dated August 27, 2025, by and between VCP23, LLC and Agrify Corporation - sec.gov/Archives/edgar/data/1800637/000121390025081148/ea025469501ex10-1_agrify.htm 99.17 - Trademark and Recipe License Agreement, dated August 27, 2025, by and between VCP IP Holdings, LLC and GTI Core, LLC - sec.gov/Archives/edgar/data/1800637/000121390025081148/ea025469501ex10-2_agrify.htm

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

RSLGH, LLC

Signature:	/s/ Bret Kravitz
Name/Title:	Bret Kravitz/Corporate Secretary
Date:	03/03/2026

WELLNESS MGMT, LLC

Signature:	/s/ Benjamin Kovler
Name/Title:	Benjamin Kovler/Authorized Signatory
Date:	03/03/2026

FOR SUCCESS HOLDING COMPANY

Signature:	/s/ Benjamin Kovler
Name/Title:	Benjamin Kovler/CEO & President
Date:	03/03/2026

VCP23, LLC

Signature:	/s/ Benjamin Kovler
Name/Title:	Benjamin Kovler/Manager
Date:	03/03/2026

GTI23, INC.

Signature:	/s/ Benjamin Kovler
Name/Title:	Benjamin Kovler/Director & Authorized Signatory
Date:	03/03/2026

GREEN THUMB INDUSTRIES INC.

Signature:	/s/ Benjamin Kovler
Name/Title:	Benjamin Kovler/Chairman and Chief Executive Officer
Date:	03/03/2026

FAQ

What ownership stake in RYTHM, Inc. is reported in this Schedule 13D/A amendment?

The reporting group discloses beneficial ownership of 13,211,928 RYTHM, Inc. common shares, representing 49.99% of the company. This percentage is calculated against approximately 2,149,148 shares outstanding as of March 1, 2026, indicating a near‑controlling economic and voting position.

Who are the reporting persons in the RYTHM, Inc. Schedule 13D/A filing?

The reporting persons are RSLGH, LLC, Wellness Mgmt, LLC, For Success Holding Company, VCP23, LLC, GTI23, Inc., and Green Thumb Industries Inc.. These entities are vertically related, with Green Thumb ultimately controlling the structure through successive ownership layers.

How is the 49.99% beneficial ownership in RYTHM, Inc. structured?

The 49.99% beneficial ownership combines common stock, secured convertible notes, and multiple warrants. These include pre‑funded and interest warrants, conversion warrants, and note conversion rights, many subject to 4.99% or 49.99% beneficial ownership limits and Nasdaq conversion or exercise restrictions.

What new securities did RYTHM, Inc. issue to the reporting group on March 1, 2026?

On March 1, 2026, RYTHM, Inc. issued Interest Warrants exercisable for up to 57,377 common shares as an interest payment under a May 2025 secured convertible note. The share count was set by dividing accrued interest by the note’s warrant conversion price.

Does the reporting group express a potential control purpose over RYTHM, Inc.?

Yes. The group states that its actions may be deemed a control purpose under securities law. It may engage management, the board and other shareholders on capitalization, ownership structure, board composition, business combinations, dispositions, and possible additional share purchases or sales.

What is the relationship among the GTI-affiliated entities holding RYTHM, Inc. shares?

Wellness Mgmt is the sole member of RSLGH, For Success Holding is the sole member of Wellness Mgmt, VCP23 is For Success Holding’s sole shareholder, GTI23 is the sole member of VCP23, and Green Thumb Industries Inc. is GTI23’s sole shareholder, sharing voting and dispositive power.

How many RYTHM, Inc. shares outstanding were used to calculate the reported 49.99% stake?

The reported 49.99% beneficial ownership is based on approximately 2,149,148 RYTHM, Inc. common shares outstanding as of March 1, 2026. This outstanding share figure underpins the percentage calculation disclosed by the reporting group.