---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-009010"
form_type: "8-K"
ticker: "NIXX"
cik: "0001462223"
company_name: "Nixxy, Inc."
filed_at: "2024-07-16T23:59:59+00:00"
generated_at: "2026-05-31T20:28:35.379975+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Recruiter.com settles ~$999K debt with 5.36M shares; raises up to $5.5M via $1/share offering

## Summary
- Issued 5,358,569 shares to settle ~$999,253 in debt (principal+interest) and penalties; gain on extinguishment of $594,936.
- Up to 5.5M shares at $1.00 each; ZK International to buy 2M shares ($2M) with option for additional 2M shares.
- CEO Granger Whitelaw awarded 250,000 shares, conditioned on stockholder approval and Nasdaq listing.
- Company intends to obtain stockholder approval per Nasdaq rules for debt settlement, offering, and CEO award.

## SEC filing metadata
- accession: 0001654954-24-009010
- form_type: 8-K
- ticker: NIXX
- cik: 0001462223
- company_name: Nixxy, Inc.
- filed_at: 2024-07-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462223/000165495424009010/0001654954-24-009010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462223/000165495424009010/rcrt_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-009010
- JSON: https://secwatch.observer/filing/0001654954-24-009010.json
- Plain text: https://secwatch.observer/filing/0001654954-24-009010.txt

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