secwatch.observer — SEC 8-K summary
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Issuer:     Nixxy, Inc. (NIXX)
CIK:        0001462223
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0001683168-26-001318
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Nixxy receives Nasdaq notice for bid price below $1.00; 180-day cure period
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- Received Nasdaq notice on Feb 20, 2026, for minimum bid price non-compliance.
- Consolidated closing bid price below $1.00 for 30 consecutive business days.
- Afforded 180-day grace period to regain compliance by closing at $1.00+ for 10 consecutive days.
- If not compliant, may be eligible for second 180-day period; otherwise could face delisting.
- Company intends to monitor and consider options, including reverse stock split if needed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462223/000168316826001318/0001683168-26-001318-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462223/000168316826001318/nixxy_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-001318

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