Nixxy, Inc. Files 8-K: Other Events & Exhibits
Ticker: NIXXW · Form: 8-K · Filed: Jan 22, 2025 · CIK: 1462223
| Field | Detail |
|---|---|
| Company | Nixxy, Inc. (NIXXW) |
| Form Type | 8-K |
| Filed Date | Jan 22, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $50 million, $7.50, $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, filing, corporate-update
TL;DR
Nixxy (formerly Recruiter.com) filed an 8-K for other events and exhibits on Jan 21.
AI Summary
Nixxy, Inc. filed an 8-K on January 22, 2025, reporting other events and financial statements/exhibits as of January 21, 2025. The company, formerly known as Recruiter.com Group, Inc., is incorporated in Nevada and operates in computer programming services.
Why It Matters
This filing indicates Nixxy, Inc. is providing updates on its corporate activities and financial reporting, which is crucial for investors to stay informed about the company's status.
Risk Assessment
Risk Level: low — This is a routine filing reporting other events and exhibits, not indicating any immediate financial distress or significant operational changes.
Key Players & Entities
- Nixxy, Inc. (company) — Registrant
- Recruiter.com Group, Inc. (company) — Former company name
- January 21, 2025 (date) — Date of earliest event reported
- January 22, 2025 (date) — Filing date
FAQ
What is the primary purpose of this 8-K filing for Nixxy, Inc.?
The primary purpose of this 8-K filing is to report 'Other Events' and to include 'Financial Statements and Exhibits' as of January 21, 2025.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on January 21, 2025.
What is Nixxy, Inc.'s state of incorporation?
Nixxy, Inc. is incorporated in Nevada.
What was Nixxy, Inc. formerly known as?
Nixxy, Inc. was formerly known as Recruiter.com Group, Inc.
What is Nixxy, Inc.'s Standard Industrial Classification (SIC) code and industry?
Nixxy, Inc.'s SIC code is 7371, which falls under SERVICES-COMPUTER PROGRAMMING SERVICES.
Filing Stats: 562 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2025-01-22 07:03:14
Key Financial Figures
- $50 million — an aggregate principal amount of up to $50 million (the "Convertible Notes") to certain ac
- $7.50 — nce and will have a conversion price of $7.50 per share of the Company's common stock
- $0.0001 — f the Company's common stock, par value $0.0001 per share (the "Common Stock"). The Con
Filing Documents
- nixx_8k.htm (8-K) — 28KB
- nixx_ex991.htm (EX-99.1) — 5KB
- 0001654954-25-000628.txt ( ) — 177KB
- nixx-20250121.xsd (EX-101.SCH) — 6KB
- nixx-20250121_lab.xml (EX-101.LAB) — 17KB
- nixx-20250121_cal.xml (EX-101.CAL) — 1KB
- nixx-20250121_pre.xml (EX-101.PRE) — 12KB
- nixx-20250121_def.xml (EX-101.DEF) — 4KB
- nixx_8k_htm.xml (XML) — 6KB
01. Other Events
Item 8.01. Other Events. On January 21, 2025, Nixxy, Inc. (the "Company") announced the commencement of a private offering, which is subject to market conditions, of its zero-coupon convertible promissory notes in an aggregate principal amount of up to $50 million (the "Convertible Notes") to certain accredited investors (the "Purchasers") in a transaction exempt from registration under the Securities Act of 1933, as amended. The Convertible Notes will mature on the one-year anniversary date of the date of issuance and will have a conversion price of $7.50 per share of the Company's common stock, par value $0.0001 per share (the "Common Stock"). The Convertible Notes will be purchased with Bitcoin and such Bitcoin will secure the Convertible Notes. The Company also plans to grant to the Purchasers certain customary registration rights with respect to the shares of Common Stock issuable upon the conversion of the Convertible Notes. A copy of the press release issued in connection with the foregoing is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated January 21, 2025 104 Cover Page Interactive Data File (formatted as Inline XBRL document) 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. Date: January 22, 2025 Nixxy, Inc. /s/ Debra Chen Volpone Debra Chen Volpone Chief Executive Officer 3