8-K
filed March 11, 2024, 7:59 PM ET
ticker NIXX
CIK 0001462223
leadership
confidence high
sentiment neutral
materiality 0.65
Recruiter.com CEO replaced by Granger Whitelaw; Job Mobz deal extended to June 30, 2024
Nixxy, Inc.
- Miles Jennings resigns as CEO/President effective March 7, 2024; stays as director and interim CFO.
- Granger Whitelaw appointed CEO/President; also joins board replacing Robert Heath.
- Lillian Mbeki appointed independent director replacing Timothy O'Rourke; will serve on audit, compensation, and nominating committees.
- Amendment with Job Mobz extends closing to June 30, 2024; Company receives $250K non-refundable ( $100K within 2 days, $150K within 30 days) credited to purchase price.
- Annual shareholder meeting set for March 22, 2024; record date March 8, 2024; new directors to be affirmed.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Timothy O'Rourke resigned as Director at Nixxy, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
the Company accepted the resignation of Timothy O’Rourke and appointed Lillian Mbeki as an independent director to the Company’s Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Granger Whitelaw was appointed as Chief Executive Officer and President at Nixxy, Inc..
- Action
- appointed
- Role
- Chief Executive Officer and President
Exact text from the filing
the Company appointed Granger Whitelaw as the Company’s new Chief Executive Officer and President.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Granger Whitelaw was appointed as Director at Nixxy, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
the Company accepted the resignation of Robert Heath and appointed Granger Whitelaw to the Company’s Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Robert Heath resigned as Director at Nixxy, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
the Company accepted the resignation of Robert Heath and appointed Granger Whitelaw to the Company’s Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Lillian Mbeki was appointed as Independent Director at Nixxy, Inc..
- Action
- appointed
- Role
- Independent Director
Exact text from the filing
the Company accepted the resignation of Timothy O’Rourke and appointed Lillian Mbeki as an independent director to the Company’s Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Miles Jennings resigned as Chief Executive Officer and President at Nixxy, Inc..
- Action
- resigned
- Role
- Chief Executive Officer and President
Exact text from the filing
Miles Jennings resigned as Chief Executive Officer and President of Recruiter.com Group, Inc.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Nixxy, Inc. amended Job Mobz Amendment with Job Mobz valued at one hundred thousand ($100,000) (effective 2024-03-07).
- Action
- amendment
- Agreement
- asset purchase
- Counterparty
- Job Mobz
- Value
- one hundred thousand ($100,000)
- Effective
- 2024-03-07
Exact text from the filing
On March 7, 2024, Job Mobz and the Company entered into an Amendment to the Asset Purchase Agreement (Exhibit 2.1) (“Job Mobz Amendment”).
View on SEC.gov
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