M&A
confidence high
sentiment positive
materiality 0.70
Nixxy acquires billing and AI assets from Aqua Software for $3.9M in stock and cash
Nixxy, Inc.
- Total consideration of $3.9M: $3.8M in restricted common shares (2,087,912 shares at $1.82/share based on March 28 close) plus $100K cash.
- Acquired assets include billing systems, AI integration, and intellectual property related to 'AQUA Systems' software.
- Transaction closed March 29, 2025; shares issued are unregistered and subject to Rule 144 restrictions.
- Vendor Aqua Software Technologies is a private Canadian telecom/software firm with focus on AI and wholesale long-distance interconnections.