Nixxy, Inc. (NIXX): Nasdaq/NYSE listing notice — Nasdaq grants Recruiter.com extension to Feb 13, 2024 to regain compliance with minimum stockholders' equity requirement

Nixxy, Inc.

Company received Nasdaq extension until February 13, 2024 to meet minimum stockholders' equity of $2.5M (Listing Rule 5550(b)(1)).
Failure to regain compliance by that date may result in delisting of common stock (RCRT) and warrants (RCRTW).
Company had previously reported non-compliance as of August 17, 2022; extension is conditional on ongoing compliance plan.
If delisted, Company has appeal rights under Nasdaq Rule 5815(a), but no assurance of success.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

Nixxy, Inc. received a nasdaq extension granted notice regarding stockholders equity (rules 5550(b)(1)).

Exchange: nasdaq
Notice: extension granted
Deficiency: stockholders equity
Rules: 5550(b)(1)

Exact text from the filing

October 31, 2023, the Company received a notification letter (the “Notification”) from the Staff stating that based on further review and the Company’s plan to regain compliance, the Staff has determined to grant the Company an extension to regain and evidence such compliance with the Minimum Stockholders’ Equity Requirement until February 13, 2024. If the Company’s does not regain compliance by such date, the Company’s securities may be subject to delisting and although the Company will have an opportunity to appeal the decision pursuant to Nasdaq Listing Rule 5815(a); there can be no assura

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Nixxy, Inc. filing history →

Source: SEC EDGAR

accession 0001654954-23-013739

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