---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-007824"
form_type: "8-K"
ticker: "NIXX"
cik: "0001462223"
company_name: "Nixxy, Inc."
filed_at: "2023-06-09T23:59:59+00:00"
generated_at: "2026-06-14T03:44:13.625541+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Recruiter.com to acquire GoLogiq fintech for 84% stock; spin-off AI business; CEO change

## Summary
- Acquires GoLogiq fintech assets for 84% of common stock; combined valuation ~$105M; existing shareholders retain ~16%.
- Earn-out: if market cap exceeds $105M, seller gets additional shares up to 90% of increase above $160M.
- Existing AI/recruiting operations to be spun off into new OTC entity; shareholders will hold shares in both companies.
- CEO Evan Sohn steps down, becomes Executive Chairman; Miles Jennings (formerly President/COO) assumes CEO role indefinitely.
- Company recently launched AI products (Candidate Pitch, Recruiting with ChatGPT) that will transfer to the spin-off.

## SEC filing metadata
- accession: 0001654954-23-007824
- form_type: 8-K
- ticker: NIXX
- cik: 0001462223
- company_name: Nixxy, Inc.
- filed_at: 2023-06-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462223/000165495423007824/0001654954-23-007824-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462223/000165495423007824/rcrt_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-007824
- JSON: https://secwatch.observer/filing/0001654954-23-007824.json
- Plain text: https://secwatch.observer/filing/0001654954-23-007824.txt

## Key facts
- Material Agreements
  Nixxy, Inc. entered into Stock Purchase Agreement with GoLogiq Inc. (effective 2023-06-05).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: GoLogiq Inc.
  - Effective: 2023-06-05
  source text: On June 5, 2023, Recruiter.com Group, Inc. (“Recruiter.com” or “Buyer”) entered into that certain Stock Purchase Agreement (the “Agreement”) with GoLogiq Inc., a Delaware corporation (“GoLogiq” or “Seller”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1462223/000165495423007824/0001654954-23-007824-index.htm

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