Recruiter.com buys $80k of Atlantic Energy convertible preferred shares as part of spin-out plan

Nixxy, Inc.

Purchased 1M shares of Series A Preferred of Atlantic Energy Solutions (AESO) for $80,000; initial $8,000 paid.
Each preferred share convertible into 1,000 common shares of AES (total potential conversion ~1B common shares).
Transaction aligns with previously announced strategic plan to spin out existing business operations.
CEO Miles Jennings signed the agreement; no further financing or leadership changes disclosed.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Nixxy, Inc. entered into Securities Purchase Agreement with Synergy Management Group, LLC valued at $80,000 (effective 2023-07-25).

Action: entry
Agreement: equity purchase
Counterparty: Synergy Management Group, LLC
Value: $80,000
Effective: 2023-07-25

Exact text from the filing

On July 25, 2023, Recruiter.com Group, Inc. (the “Company” or "Purchaser") entered into a Securities Purchase Agreement (the “Agreement”) with Synergy Management Group, LLC (the "Shareholder").

View on SEC.gov

33 material agreements filed in the last 30 days. Browse all material agreements →

Nixxy, Inc. filing history →

Source: SEC EDGAR

accession 0001654954-23-009882

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.