{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-23-011550","form_type":"8-K","ticker":"NIXX","cik":"0001462223","company_name":"Nixxy, Inc.","filed_at":"2023-09-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.995487+00:00","generated_at":"2026-06-10T23:53:56.505132+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Recruiter.com amends GoLogiq deal; CEO change, milestone-based dilution up to 84%","bullets":["At closing, seller receives 19.99% of RCRT shares (16.66% post-issue).","Revenue milestones: $2M (6 mo) -> 40% ownership; $4M (9 mo) -> 64%; $6M (12 mo) -> 84% fully diluted.","Earn-out: if market cap exceeds $105M on 6-month date, seller gets additional shares based on tiers up to 90% of excess.","Granger Whitelaw (GoLogiq CEO) to become CEO of Recruiter.com after closing; one board seat to seller nominee.","Amendment replaces August 18 version; transaction originally disclosed June 5, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-23-011550","json":"https://secwatch.observer/filing/0001654954-23-011550.json","markdown":"https://secwatch.observer/filing/0001654954-23-011550.md","text":"https://secwatch.observer/filing/0001654954-23-011550.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1462223/000165495423011550/0001654954-23-011550-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1462223/000165495423011550/rcrt_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T23:53:56.505132+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"87cf0425d8bb40db7caa4a7e7e1eba4072c8a1b0","claim":"Nixxy, Inc. amended Amendment to Stock Purchase Agreement with GoLogiq Inc. valued at 19.99% of the number of issued and outstanding shares of the Buyer Common Stock on the business day (effective 2023-08-29).","evidence_excerpt":"On August 29, 2023, the Buyer and the Seller entered into that certain Amendment to Stock Purchase Agreement with the Seller (the \"August 29 th Amendment\").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462223/000165495423011550/0001654954-23-011550-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"GoLogiq Inc."},{"label":"Value","value":"19.99% of the number of issued and outstanding shares of the Buyer Common Stock on the business day"},{"label":"Effective","value":"2023-08-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}