secwatch.observer — SEC 8-K summary
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Issuer:     Nixxy, Inc. (NIXX)
CIK:        0001462223
Form:       8-K/A
Filed at:   2024-04-22T23:59:59+00:00
Accession:  0001654954-24-004872
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Recruiter.com amends GoLogiq license; issues 292K warrants at $0.01/share
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- Amended royalty from 8% to 5% on GoLogiq technology license; effective March 28, 2024.
- Issued warrant for 292,000 shares of RCRT common stock to GoLogiq at exercise price $0.01 per share.
- Warrant exercisable from October 18, 2024 to April 18, 2027; subject to 4.99% beneficial ownership cap.
- Total shares issuable under license and warrant cannot exceed 19.99% of outstanding shares.
- Unregistered sale of equity securities relied on Section 4(a)(2) and Rule 506 exemptions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462223/000165495424004872/0001654954-24-004872-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462223/000165495424004872/rcrt_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-004872

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer