---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-013739"
form_type: "8-K"
ticker: "NIXX"
cik: "0001462223"
company_name: "Nixxy, Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-08T23:56:51.718583+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nasdaq grants Recruiter.com extension to Feb 13, 2024 to regain compliance with minimum stockholders' equity requirement

## Summary
- 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.

## SEC filing metadata
- accession: 0001654954-23-013739
- form_type: 8-K
- ticker: NIXX
- cik: 0001462223
- company_name: Nixxy, Inc.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462223/000165495423013739/0001654954-23-013739-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462223/000165495423013739/rcrt_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-013739
- JSON: https://secwatch.observer/filing/0001654954-23-013739.json
- Plain text: https://secwatch.observer/filing/0001654954-23-013739.txt

## Key facts
- Listing & Compliance Notices
  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)
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1462223/000165495423013739/0001654954-23-013739-index.htm

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