secwatch.observer — SEC 8-K summary
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Issuer:     Nixxy, Inc. (NIXX)
CIK:        0001462223
Form:       8-K
Filed at:   2025-08-15T23:59:59+00:00
Accession:  0001683168-25-006222
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nixxy reports Q2 revenue $13.47M and acquires EDGE data center assets for $3.65M
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- Q2 2025 revenue of $13.47M, primarily from telecom services; year-to-date revenue $14.86M through June 30, 2025.
- Acquired EDGE data center assets of Everythink Innovations for $3.65M in cash and stock; includes $48M in annual recurring revenue.
- Issued 2 million restricted shares and agreed to pay $150,000 upon conditions for the acquisition.
- Balance sheet: cash of $940,000, total assets $13.25M, stockholders' equity $6.73M at quarter-end.
- Closed or advanced three IP acquisitions: Savitr (Aura CPaaS), Aqua Software (AI systems), and NexGenAI (gen-AI/ML).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462223/000168316825006222/0001683168-25-006222-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462223/000168316825006222/nixxy_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-006222

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer