Nixxy withdraws CognoGroup spin-off record date, delaying separation

Nixxy, Inc.

Withdraws prior November 15, 2024 record date for planned spin-off of Atlantic Energy Solutions (CognoGroup).
Reason includes ongoing strategic evaluation, additional regulatory reviews, and shareholder value optimization.
CEO says withdrawal allows more time for orderly distribution and alignment with corporate aims.
Company states spin-off remains a strategic priority; updated timeline to be announced later.
Shareholders advised to await further communication.

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