---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-001736"
form_type: "8-K"
ticker: "NIXX"
cik: "0001462223"
company_name: "Nixxy, Inc."
filed_at: "2025-02-21T23:59:59+00:00"
generated_at: "2026-05-26T06:53:54.242201+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Nixxy acquires AI telecom assets, appoints interim CEO, withdraws note offering

## Summary
- Acquired TKOS Systems from Savitr Tech OU for $300,000 cash and up to 9.8% of common shares contingent on revenue milestones.
- Terminated Letter of Intent with Just Got 2 Have It, Inc. to focus on telecom and technology sectors.
- Settled with former CEO Yu-san 'Debra' Chen Volpone for $350,000 plus $25,000 legal expenses.
- CEO Debra Chen Volpone resigned; Miles Jennings appointed Interim CEO effective February 18, 2025.
- Withdrew proposed $50 million Bitcoin-based zero-coupon convertible notes offering.

## SEC filing metadata
- accession: 0001654954-25-001736
- form_type: 8-K
- ticker: NIXX
- cik: 0001462223
- company_name: Nixxy, Inc.
- filed_at: 2025-02-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 5.02, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462223/000165495425001736/0001654954-25-001736-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462223/000165495425001736/nixx_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-001736
- JSON: https://secwatch.observer/filing/0001654954-25-001736.json
- Plain text: https://secwatch.observer/filing/0001654954-25-001736.txt

## Key facts
- Executive change
  Yu-san "Debra" Chen Volpone resigned as member of the Board of Directors at Nixxy, Inc..
  - Action: resigned
  - Role: member of the Board of Directors
  source text: Ms. Volpone resigned as member of the Board of Directors of the Company, effective February 20, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1462223/000165495425001736/0001654954-25-001736-index.htm
- Executive change
  Miles Jennings was appointed as Interim Chief Executive Officer at Nixxy, Inc..
  - Action: appointed
  - Role: Interim Chief Executive Officer
  source text: Effective February 18, 2025, the Company appointed Miles Jennings as the Interim Chief Executive Officer of the Company until such time as the Company completes its process of hiring a permanent replacement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1462223/000165495425001736/0001654954-25-001736-index.htm
- Executive change
  Yu-san "Debra" Chen Volpone resigned as Chief Executive Officer at Nixxy, Inc..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: on February 14, 2025, Yu-san “Debra” Chen Volpone resigned from her position as Chief Executive Officer of the Company, effective on that date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1462223/000165495425001736/0001654954-25-001736-index.htm

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