secwatch.observer — SEC 8-K summary
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Issuer:     Nixxy, Inc. (NIXX)
CIK:        0001462223
Form:       8-K
Filed at:   2023-05-24T23:59:59+00:00
Accession:  0001654954-23-007154
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462223/000165495423007154/0001654954-23-007154-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462223/000165495423007154/rcrt_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-007154

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer