secwatch.observer — SEC 8-K summary
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Issuer:     Nixxy, Inc. (NIXX)
CIK:        0001462223
Form:       8-K
Filed at:   2023-08-21T23:59:59+00:00
Accession:  0001654954-23-011075
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462223/000165495423011075/0001654954-23-011075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462223/000165495423011075/rcrt_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-011075

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