Nixxy to acquire EDGE data center and AI software assets for $3.65M in stock and cash

Nixxy, Inc.

Consideration: 2,000,000 restricted NIXX shares at $1.75/share ($3.5M) plus $150,000 cash due when cash exceeds $1.3M or upon financing within 90 days.
Seller: Everythink Innovation Limited, a Canadian company specializing in EDGE data centers and AI software development.
Closing deadline: August 12, 2025 (execution date); shares issued in unregistered transaction exempt from SEC registration.
Acquired assets include all intellectual property, software, and related systems for EDGE data and AI integration.
Customary indemnification and closing conditions; no Material Adverse Effect or pending litigation affecting the purchased assets.

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