Recruiter.com closes $481K direct offering; explores debt swap and $6.5M private placement

Nixxy, Inc.

Closed registered direct offering of 481,000 shares at $1.00/share for $481,000 gross proceeds; no placement fees.
Initial offering expanded from 400K to 481K shares due to investor demand.
Discusses exchanging remaining debt for convertible Series G Preferred at a discount to market.
Anticipates up to $6.5M private placement with strategic investors; no binding agreements yet.
Net proceeds will fund working capital, acquisitions, and spinout of CognoGroup subsidiary.

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