secwatch.observer — SEC 8-K summary
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Issuer:     Nixxy, Inc. (NIXX)
CIK:        0001462223
Form:       8-K
Filed at:   2026-09-03T22:17:28+00:00
Accession:  0001683168-26-006941
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462223/000168316826006941/0001683168-26-006941-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462223/000168316826006941/nixxy_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-006941

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