---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-005377"
form_type: "8-K"
ticker: "NIXX"
cik: "0001462223"
company_name: "Nixxy, Inc."
filed_at: "2026-07-09T13:25:15+00:00"
generated_at: "2026-07-09T13:26:05.675985+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nixxy CEO resigns, David Kratochvil appointed; Nasdaq bid-price compliance regained

## Summary
- Mike Schmidt resigned as CEO and director effective July 2, 2026; no disagreement with company.
- Board appointed David Kratochvil as CEO; he has over 30 years of Wall Street experience.
- Kratochvil employment: $180k base salary, 100k stock units vesting over 12 months.
- Nasdaq notified company regained compliance with minimum bid price requirement on July 2, 2026.

## SEC filing metadata
- accession: 0001683168-26-005377
- form_type: 8-K
- ticker: NIXX
- cik: 0001462223
- company_name: Nixxy, Inc.
- filed_at: 2026-07-09T13:25:15+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462223/000168316826005377/0001683168-26-005377-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462223/000168316826005377/nixxy_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-005377
- JSON: https://secwatch.observer/filing/0001683168-26-005377.json
- Plain text: https://secwatch.observer/filing/0001683168-26-005377.txt

## Key facts
- Executive change
  Mike Schmidt resigned as Chief Executive Officer at Nixxy, Inc..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: On July 2, 2026, Mike Schmidt notified Nixxy, Inc. (the "Company") of his decision to resign as Chief Executive Officer of the Company and as a member of the Company's Board of Directors (the "Board"), effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1462223/000168316826005377/0001683168-26-005377-index.htm
- Executive change
  David Kratochvil was appointed as Chief Executive Officer at Nixxy, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On July 2, 2026, the Board appointed David Kratochvil, age 60, who currently serves as a member of the Board, as the Company's Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1462223/000168316826005377/0001683168-26-005377-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.