---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-001976"
form_type: "8-K"
ticker: "NIXX"
cik: "0001462223"
company_name: "Nixxy, Inc."
filed_at: "2024-02-20T23:59:59+00:00"
generated_at: "2026-06-05T23:00:14.999112+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Recruiter.com Group sells domain to Job Mobz, converts debt to equity, and plans spin-out

## Summary
- Sold domain Recruiter.com and related assets to Job Mobz Inc. under an Asset Purchase Agreement, removing shareholder approval condition.
- Board authorized conversion of promissory notes (original amounts $1,111,111 and $1,305,556) to equity and retirement of warrant exercise.
- Eliminated cash severance obligations for executives Evan Sohn and Miles Jennings, replacing with $300,000 each in stock compensation.
- Board authorized spin-out of Atlantic Energy Solutions (renamed CognoGroup) and possible name change for Recruiter.com Group.

## SEC filing metadata
- accession: 0001654954-24-001976
- form_type: 8-K
- ticker: NIXX
- cik: 0001462223
- company_name: Nixxy, Inc.
- filed_at: 2024-02-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462223/000165495424001976/0001654954-24-001976-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462223/000165495424001976/rcrt_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-001976
- JSON: https://secwatch.observer/filing/0001654954-24-001976.json
- Plain text: https://secwatch.observer/filing/0001654954-24-001976.txt

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