Nixxy signs LOI to acquire Just Got 2 Have It for ~$6M; plans CognoGroup spin-off

Nixxy, Inc.

LOI for $6M cash, 600k restricted shares, and 600k options at $1.50; closing by Dec 31, 2024.
Target projected 2024 GMV $66M, net revenue $10M; accretive profits expected.
CognoGroup spin-off via AESO; rec. date Oct 28, 2024 tentative; distribution ~Jan 15, 2025; 75% waiving.
Company has 12.7M shares outstanding; strategy targets $1B enterprise value in 36 months.
Seeking businesses with $10-100M revenue, 40%+ margins; advanced talks with 7 targets.

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