Recruiter.com settles ~$999K debt with shares, raises $1.75M in PIPE, ups authorized shares to 200M

Nixxy, Inc.

Issued 3.97M shares to settle August 2022 notes (~$999K principal, interest & penalties); 1.39M more shares pending blocker resolution.
Closed $1.75M of $2M registered direct offering with ZK International at $1.00/share; remaining $250K to close later.
Authorized common shares increased from 6.67M to 200M via Articles amendment on Sept 3, 2024.
Adopted 2024 Equity Incentive Plan covering at least 2M shares for employees, directors, and consultants.
CEO Granger Whitelaw awarded 250,000 shares of common stock as compensatory grant.

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