---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-007154"
form_type: "8-K"
ticker: "NIXX"
cik: "0001462223"
company_name: "Nixxy, Inc."
filed_at: "2023-05-24T23:59:59+00:00"
generated_at: "2026-06-14T15:52:38.553241+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Recruiter.com receives Nasdaq delisting notice for bid price non-compliance; hearing requested

## Summary
- Received delisting notice on May 18, 2023 for failing to regain $1.00 bid price compliance by May 17, 2023.
- Ineligible for second 180-day period because stockholders' equity under $5M initial listing requirement.
- Common stock (RCRT) and warrants (RCRTW) subject to delisting from Nasdaq.
- Submitted hearing request on May 23, 2023; delisting stayed pending panel conclusion.
- Will present compliance plan at hearing but no assurance of continued listing.

## SEC filing metadata
- accession: 0001654954-23-007154
- form_type: 8-K
- ticker: NIXX
- cik: 0001462223
- company_name: Nixxy, Inc.
- filed_at: 2023-05-24T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462223/000165495423007154/0001654954-23-007154-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462223/000165495423007154/rcrt_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-007154
- JSON: https://secwatch.observer/filing/0001654954-23-007154.json
- Plain text: https://secwatch.observer/filing/0001654954-23-007154.txt

## Key facts
- Listing & Compliance Notices
  Nixxy, Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2), 5560(a)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5560(a)
  source text: May 18, 2023, the Company received a notification letter (the “Notification”) from the Staff stating that the Company did not regain compliance with the Minimum Bid Price Requirement and was not eligible for a second 180-day period because it did not meet the Nasdaq Capital Market’s minimum $5,000,000 stockholders’ equity initial listing requirement. Pursuant to the Notification, the Company’s common stock is subject to delisting from Nasdaq, and, subsequently, the Company’s warrants no longer qualify for listing under Listing Rule 5560(a). On May 23, 2023 the Company submitted a hearing reque
  evidence_url: https://www.sec.gov/Archives/edgar/data/1462223/000165495423007154/0001654954-23-007154-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.