Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Nixxy, Inc. incurred revolving credit of up to $2,000,000 with Siwatex OÜ at 8.25% maturing twelve (12) months from the Effective Date.
- Instrument
- revolving credit
- Principal
- up to $2,000,000
- Counterparty
- Siwatex OÜ
- Rate
- 8.25%
- Maturity
- twelve (12) months from the Effective Date
- Event
- incurrence
Exact text from the filing
On September 4, 2025, Nixxy Inc. (the “Company”) entered into a Convertible Line of Credit Agreement (the “Agreement”) with Siwatex OÜ, a limited liability company incorporated in Estonia (the “Lender”), effective on September 2, 2025 (the “Effective Date”). Under the Agreement, the Lender has agreed to make available to the Company a convertible revolving line of credit in the principal amount of up to $2,000,000, that may be used to working capital and general corporate purposes of the Company and its subsidiaries (the “Credit Line”).
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Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.4
Nixxy, Inc. issued convertible note to Siwatex OÜ for up to $2,000,000.
- Security
- convertible note
- Purchaser
- Siwatex OÜ
- Consideration
- up to $2,000,000
Exact text from the filing
the Lender has agreed to make available to the Company a convertible revolving line of credit in the principal amount of up to $2,000,000
View on SEC.gov