secwatch.observer — SEC 8-K summary
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Issuer:     Nixxy, Inc. (NIXX)
CIK:        0001462223
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001654954-23-013739
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462223/000165495423013739/0001654954-23-013739-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462223/000165495423013739/rcrt_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-013739

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