Nixxy gets Nasdaq delisting notice; appoints new CFO and audit chair

Nixxy, Inc.

Nasdaq notified Nixxy Sept 1, 2026 that bid price closed below $1.00 for 30 straight days; gets 180-day grace period, may seek second period.
Ashissh Raichura resigned director; Elsa Sung resigned Audit Committee chair; Joe Conlon appointed director and Audit Committee chair, effective Aug 31, 2026.
Elsa Sung appointed CFO effective Aug 31, 2026; base salary $169,800, 100,000 stock units (50k vest immediately), employment agreement filed.
Joe Conlon receives 50,000 shares under 2024 Equity Incentive Plan, 50,000 annual shares vesting quarterly, plus $3,000/month.

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