---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-012243"
form_type: "8-K"
ticker: "NIXX"
cik: "0001462223"
company_name: "Nixxy, Inc."
filed_at: "2024-09-24T23:59:59+00:00"
generated_at: "2026-05-31T02:02:07.963529+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Recruiter.com closes sale of website to Job Mobz for $1.39M; settles $720K debt with 720K shares

## Summary
- Completed sale of www.recruiter.com and associated IP to Job Mobz for total cash consideration of $1,393,430.
- $1,379,496 allocated to close out Master Referral Agreement; $13,934 for IP acquisition.
- Repaid senior debt: $684,552 cash to Montage; issued 720,000 shares to settle $720K remaining balance.
- CEO Granger Whitelaw says transaction strengthens balance sheet and provides flexibility for future initiatives.
- Investor communications transitioning over next 30 days due to website sale; new investor site to be launched.

## SEC filing metadata
- accession: 0001654954-24-012243
- form_type: 8-K
- ticker: NIXX
- cik: 0001462223
- company_name: Nixxy, Inc.
- filed_at: 2024-09-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462223/000165495424012243/0001654954-24-012243-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462223/000165495424012243/rcrt_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-012243
- JSON: https://secwatch.observer/filing/0001654954-24-012243.json
- Plain text: https://secwatch.observer/filing/0001654954-24-012243.txt

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