---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-013215"
form_type: "8-K"
ticker: "NIXX"
cik: "0001462223"
company_name: "Nixxy, Inc."
filed_at: "2024-10-22T23:59:59+00:00"
generated_at: "2026-05-30T11:35:40.057921+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001654954-24-013215
- form_type: 8-K
- ticker: NIXX
- cik: 0001462223
- company_name: Nixxy, Inc.
- filed_at: 2024-10-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462223/000165495424013215/0001654954-24-013215-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462223/000165495424013215/nixx_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-013215
- JSON: https://secwatch.observer/filing/0001654954-24-013215.json
- Plain text: https://secwatch.observer/filing/0001654954-24-013215.txt

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