Recruiter.com CEO steps down; enters $105M deal to acquire GoLogiq fintech assets, spin off AI business

Nixxy, Inc.

Evan Sohn resigned as CEO, remains Executive Chairman; salary reduced by $100K.
Miles Jennings (co-founder, former President/COO) appointed CEO effective June 2, 2023.
Definitive agreement to buy GoLogiq fintech assets; combined company valued at ~$105M.
Existing Recruiter.com shareholders to own ~16% of combined entity; name change planned.
Current operating business to be spun off into a new AI-focused entity on OTC Markets.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Evan Sohn

Executive Chairman

NIXX · Nixxy, Inc.

Effective: 2023-06-02
Successor: Miles Jennings
Filed: June 7, 2023, 7:59 PM ET

Evan Sohn provided the Board of Directors (the “Board”) of Recruiter.com Group, Inc. (the “Company”) with notice of his resignation as Chief Executive Officer of the Company, effective as of the date of such notice, provided that Mr. Sohn will continue to be employed by the Company as Executive Chairman and will remain of the Company’s Board of Directors.

Appointed

Miles Jennings

Chief Executive Officer

NIXX · Nixxy, Inc.

Filed: June 7, 2023, 7:59 PM ET

On June 2, 2022, the Board appointed Miles Jennings, age 45, a current Board member, to serve as the Chief Executive Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Evan Sohn resigned as Executive Chairman at Nixxy, Inc..

Action: resigned
Role: Executive Chairman

Exact text from the filing

Evan Sohn provided the Board of Directors (the “Board”) of Recruiter.com Group, Inc. (the “Company”) with notice of his resignation as Chief Executive Officer of the Company, effective as of the date of such notice, provided that Mr. Sohn will continue to be employed by the Company as Executive Chairman and will remain of the Company’s Board of Directors.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.8

Miles Jennings was appointed as Chief Executive Officer at Nixxy, Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On June 2, 2022, the Board appointed Miles Jennings, age 45, a current Board member, to serve as the Chief Executive Officer.

View on SEC.gov

Nixxy, Inc. filing history →

Source: SEC EDGAR

accession 0001654954-23-007754

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