---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-011075"
form_type: "8-K"
ticker: "NIXX"
cik: "0001462223"
company_name: "Nixxy, Inc."
filed_at: "2023-08-21T23:59:59+00:00"
generated_at: "2026-06-11T06:07:36.327842+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Recruiter.com raises ~$1M in registered direct & private placement offerings

## Summary
- Selling 3,333,333 shares (or pre-funded warrants) at $0.3108/unit for gross proceeds ~$1.036M.
- Concurrent private placement: warrants to buy 3,333,333 shares at $0.1858, exercisable after 6 months, 5-year term.
- Press release corrects earlier error: warrant exercise price is $0.1858, not $0.3108.
- Net proceeds for working capital and general corporate purposes.
- Offering expected close Aug 21, 2023; Joseph Gunnar & Co. is exclusive placement agent.

## SEC filing metadata
- accession: 0001654954-23-011075
- form_type: 8-K
- ticker: NIXX
- cik: 0001462223
- company_name: Nixxy, Inc.
- filed_at: 2023-08-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462223/000165495423011075/0001654954-23-011075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462223/000165495423011075/rcrt_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-011075
- JSON: https://secwatch.observer/filing/0001654954-23-011075.json
- Plain text: https://secwatch.observer/filing/0001654954-23-011075.txt

## Key facts
- Material Agreements
  Nixxy, Inc. entered into Purchase Agreement with the investor named on the signature page thereto valued at approximately $1.036 million (effective 2023-08-17).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: the investor named on the signature page thereto
  - Value: approximately $1.036 million
  - Effective: 2023-08-17
  source text: On August 17, 2023, Recruiter.com Group, Inc. (the “ Company ”) entered into a securities purchase agreement (the “ Purchase Agreement ”) with the investor named on the signature page thereto (the “ Purchaser ”), pursuant to which the Company agreed to sell and issue, in a registered direct offering, an aggregate of (i) 1,950,000 shares (the “ Shares ”) of common stock, par value $0.0001, of the Company (“ Common Stock ”) at a purchase price of $0.3108 per Share and accompanying Warrant (as defined below), and (ii) 1,383,333 pre-funded warrants (the “ Pre-Funded Warrants ”) to purchase up to an aggregate of 1,383,333 shares of Common Stock (the “ Pre-Funded Warrant Shares ”) at a purchase price of $0.3107 per Pre-Funded Warrant and accompanying Warrant, for aggregate gross proceeds to the Company of approximately $1.036 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1462223/000165495423011075/0001654954-23-011075-index.htm

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