Recruiter.com Group, Inc. Files Material Definitive Agreement
Ticker: NIXXW · Form: 8-K · Filed: Apr 5, 2024 · CIK: 1462223
| Field | Detail |
|---|---|
| Company | Recruiter.Com Group, Inc. (NIXXW) |
| Form Type | 8-K |
| Filed Date | Apr 5, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $10,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement
Related Tickers: RCKR
TL;DR
RCKR signs new deal, details TBD.
AI Summary
On April 3, 2024, Recruiter.com Group, Inc. entered into a Material Definitive Agreement. The filing does not disclose specific details of the agreement, such as the counterparty or financial terms.
Why It Matters
This filing indicates a significant new agreement for Recruiter.com Group, Inc., which could impact its business operations and financial performance.
Risk Assessment
Risk Level: medium — The lack of specific details in the filing regarding the Material Definitive Agreement introduces uncertainty about its implications.
Key Players & Entities
- Recruiter.com Group, Inc. (company) — Registrant
- April 3, 2024 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
FAQ
What is the nature of the Material Definitive Agreement entered into by Recruiter.com Group, Inc.?
The filing states that Recruiter.com Group, Inc. entered into a Material Definitive Agreement on April 3, 2024, but does not provide specific details about its nature.
Who is the counterparty to this Material Definitive Agreement?
The filing does not disclose the name of the counterparty to the Material Definitive Agreement.
What are the financial terms or implications of this agreement?
The filing does not specify any financial terms or implications associated with the Material Definitive Agreement.
When was this Material Definitive Agreement entered into?
The Material Definitive Agreement was entered into on April 3, 2024.
Is this agreement expected to have a significant impact on Recruiter.com Group, Inc.'s business?
As a 'Material Definitive Agreement,' it is by definition expected to have a significant impact, though the specific nature of that impact is not detailed in this filing.
Filing Stats: 532 words · 2 min read · ~2 pages · Grade level 10.4 · Accepted 2024-04-05 16:30:32
Key Financial Figures
- $10,000 — Mr. Whitelaw an initial base salary of $10,000 per month along with a discretionary bo
Filing Documents
- rcrt_8k.htm (8-K) — 25KB
- rcrt_ex21.htm (EX-2.1) — 4KB
- 0001654954-24-004306.txt ( ) — 167KB
- rcrt-20240403.xsd (EX-101.SCH) — 6KB
- rcrt-20240403_lab.xml (EX-101.LAB) — 16KB
- rcrt-20240403_cal.xml (EX-101.CAL) — 1KB
- rcrt-20240403_pre.xml (EX-101.PRE) — 12KB
- rcrt-20240403_def.xml (EX-101.DEF) — 4KB
- rcrt_8k_htm.xml (XML) — 5KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. The board of directors of Recruiter.com Group, Inc. (the "Company") approved the appointment of Granger Whitelaw as the Company's Chief Executive Officer as of March 7, 2024. On April 3, 2024, the board approved an Executive Compensation Letter Agreement with Mr. Whitelaw (the "Agreement") whereby the Company shall pay Mr. Whitelaw an initial base salary of $10,000 per month along with a discretionary bonus as determined by the board. The Company intends to propose a comprehensive, definitive and uniform set of executive employment agreements for Mr. Whitelaw at a later date, but until such time the Agreement sets forth the terms and conditions of Mr. Whitelaw's engagement and appointment. Further details may be found in the Agreement attached herein as Exhibit 2.1. Exhibit No. Description 2.1*
Executive Compensation Letter Agreement with Granger Whitelaw
Executive Compensation Letter Agreement with Granger Whitelaw *Exhibits and schedules have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The registrant hereby agrees to furnish copies of any of the omitted schedules or exhibits upon request of the U.S. Securities and Exchange Commission. 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Recruiter.com Group, Inc. Date: April 5, 2024 By: /s/ Miles Jennings Miles Jennings Chief Financial Officer 3