secwatch.observer — SEC 8-K summary
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Issuer:     Nixxy, Inc. (NIXX)
CIK:        0001462223
Form:       8-K
Filed at:   2025-12-04T23:59:59+00:00
Accession:  0001683168-25-008895
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nixxy achieves $180M annualized revenue run-rate, appoints Julia Yu as CFO
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- Monthly revenue run-rate rose from ~$1M (Feb 2025) to >$15M (Nov 2025), implying $180M annualized.
- Company expects to achieve operational profitability in Q1 2026.
- Julia Yu appointed CFO effective immediately, concluding prior CFO consulting arrangement with Adam Yang.
- Yu brings 20+ years finance leadership, previously CFO and board director, and partnerships with AWS, NVIDIA, IBM.
- Existing $2M convertible credit facility at $2/share expected to fund 2026 objectives without additional dilutive financing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462223/000168316825008895/0001683168-25-008895-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462223/000168316825008895/nixxy_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-008895

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