Recruiter.com regains Nasdaq listing compliance; exploring up to $6.5M private placement

Nixxy, Inc.

Formally notified by Nasdaq on June 6, 2024 of full compliance with Minimum Stockholders' Equity Requirement (≥$2.5M).
Company remains subject to Panel Monitor through June 6, 2025; future non-compliance requires new hearing.
CEO Granger Whitelaw cites progress on debt reduction, equity raise, operational improvements, and acquisition growth.
In discussions with strategic investors to issue up to $6.5M common stock in a private placement to fund acquisition strategy.
Preliminary negotiations underway to acquire revenue-generating operating assets synergistic with business plan.

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