Mike Schmidt
Effective as of May 7, 2025, Nixxy, Inc. (the “Company”) appointed Mike Schmidt as Chief Executive Officer of the Company pursuant to an employment agreement entered into on the same date.
Highest-materiality recent filing
Nixzy raises $1M via stock sale at $0.675/share; dismisses auditor HTL, hires KG CPA
Sold 1,481,481 common shares to five investors at $0.675/share, total proceeds $1M.
Nixxy receives Nasdaq notice for bid price below $1.00; 180-day cure period
Received Nasdaq notice on Feb 20, 2026, for minimum bid price non-compliance.
Nixxy completes spin-out of CognoGroup, retains ~19.99% ownership
Nixxy separated its legacy Marketplace business into CognoGroup (OTC: CGNO); Nixxy holds ~19.99% fully diluted equity.
All six director nominees elected; Miles Jennings received 1.55M for, 12.17M against, 21.7K abstentions.
Nixyy board members Evan Sohn and Miles Jennings resign effective Jan 1, 2026
Evan Sohn resigns from Board and all committees, effective Jan 1, 2026; no disagreement cited.
Nixxy achieves $180M annualized revenue run-rate, appoints Julia Yu as CFO
Monthly revenue run-rate rose from ~$1M (Feb 2025) to >$15M (Nov 2025), implying $180M annualized.
Nixxy CFO Xuqiang Yang departs; MeiLin Yu appointed as CFO and Treasurer
CFO Xuqiang (Adam) Yang's consulting agreement ended Nov 30, 2025; departure not due to any disagreement.
Nixxy signs $12M annual contract increase with Sky PLL, adding $1M/month revenue from Jan 2026
$12M/yr contract expansion with Sky PLL Data Center OU; ~$1M/month revenue lift beginning January 2026.
Nixxy enters $2M convertible credit line with Siwatex OÜ at 8.25%, $2.00 floor conversion price
Up to $2M revolving convertible line; monthly drawdown cap of $500K, minimum $50K.
Nixxy to acquire EDGE data center and AI software assets for $3.65M in stock and cash
Consideration: 2,000,000 restricted NIXX shares at $1.75/share ($3.5M) plus $150,000 cash due when cash exceeds $1.3M or upon financing within 90 days.
Nixxy reports Q2 revenue $13.47M and acquires EDGE data center assets for $3.65M
Q2 2025 revenue of $13.47M, primarily from telecom services; year-to-date revenue $14.86M through June 30, 2025.
Nixxy appoints CEO Mike Schmidt to Board of Directors
Mike Schmidt appointed director on July 23, 2025; has served as CEO since May 7, 2025.
Nixxy added to Russell 3000E Index and closes $1.27M public offering
Added to the Russell 3000E Index effective at annual reconstitution, increasing institutional visibility.
Nixxy engages HTL International as new auditor for FY2025; no prior disagreements
Audit Committee recommended HTL International as new independent registered public accounting firm effective June 11, 2025, for fiscal year ending Dec 31, 2025.
Nixxy acquires NexGenAI assets for $2.25M in restricted stock; also raises $400.5K private placement
Acquired generative AI technology stack and IP for $2.25M payable in four restricted stock tranches over 9 months based on VWAP.
Nixxy acquires Leadnova.ai, reports $5.2M May revenue, prices 846,667-share offering
Acquired Leadnova.ai platform assets from NexGenAI; includes domain, software, automation engines, data, and API infrastructure.
Nixxy's auditor Salberg & Co. resigns; no disagreements but going concern noted
Salberg & Company P.A. resigned as independent auditor on June 2, 2025.
Nixxy reports Q1 revenue >$1.39M, April ~$1.4M, May could double
Q1 revenue over $1.39M under new AI communications strategy (ended March 31, 2025).
Nixxy names Mike Schmidt CEO, reports prelim April revenue $1.4M, targeting $200M+ run rate
Mike Schmidt appointed CEO effective May 7, 2025; Jennings continues as director and subsidiary president.
Nixxy regains Nasdaq compliance by adopting compensation clawback policy
Received Nasdaq deficiency letter on April 23, 2025, for missing mandatory compensation recovery policy and disclosure.
Nixxy appoints Ashissh Raichura to board; grants 50K restricted shares and quarterly $7.5K cash
Ashissh Raichura appointed to Board of Directors effective April 8, 2025.
Nixxy acquires billing and AI assets from Aqua Software for $3.9M in stock and cash
Total consideration of $3.9M: $3.8M in restricted common shares (2,087,912 shares at $1.82/share based on March 28 close) plus $100K cash.
Nixxy sub AESO buys Ava AI platform; consideration 16.7M shares plus 20M advisory shares
AESO to issue 16,666,667 shares to Wizco stockholders for Ava assets; downside protection floor $250k.
Nixxy signs $120M telecom contract with Mexedia, outlines growth strategy, authorizes $10M buyback
Secured 12-month contract with Mexedia (ALMEX.PA) for SMS services; supports up to $10M monthly revenue ($120M max).
Nixxy acquires AI telecom assets, appoints interim CEO, withdraws note offering
Acquired TKOS Systems from Savitr Tech OU for $300,000 cash and up to 9.8% of common shares contingent on revenue milestones.
Director Christopher Mann appointed Jan 24 then resigns Jan 28, citing personal obligations
Appointed to Board on January 24, 2025; no committee assignment.
Nixxy launches $50M zero-coupon convertible note offering, convertible at $7.50, secured by Bitcoin
Private offering of up to $50M aggregate principal zero-coupon convertible notes to accredited investors.
Nixxy appoints Debra Chen Volpone as CEO; three directors resign, two new directors join board
Debra Chen Volpone appointed CEO effective Jan 1, 2025; salary $350k with target bonus up to 100% of salary.
Nixxy CEO Granger Whitelaw resigns; Board seat vacated effective Dec 12, CEO role Dec 31, 2024
Granger Whitelaw resigned as Board member on Dec 12, 2024, and as CEO effective Dec 31, 2024.
Nixxy withdraws CognoGroup spin-off record date, delaying separation
Withdraws prior November 15, 2024 record date for planned spin-off of Atlantic Energy Solutions (CognoGroup).
Nixxy raises ~$2.1M in registered direct offering of 1.42M shares at $1.50/share
Sold 1,416,665 shares of common stock at $1.50 per share for gross proceeds of approximately $2.1 million.
Nixxy appoints new CFO, updates on JustGot2HaveIt acquisition and CognoGroup spin-off
CFO Miles Jennings resigned effective Nov 1, 2024; Xuqiang (Adam) Yang appointed CFO with $8,666 monthly compensation.
Nixxy signs LOI to acquire Just Got 2 Have It for ~$6M; plans CognoGroup spin-off
LOI for $6M cash, 600k restricted shares, and 600k options at $1.50; closing by Dec 31, 2024.
Recruiter.com rebrands as Nixxy, Inc.; new Nasdaq ticker NIXX effective Oct 1, 2024
Name changed to Nixxy, Inc.; common stock trades under new ticker NIXX on Nasdaq effective Oct 1, 2024; warrants under NIXXW.
Recruiter.com closes sale of website to Job Mobz for $1.39M; settles $720K debt with 720K shares
Completed sale of www.recruiter.com and associated IP to Job Mobz for total cash consideration of $1,393,430.
Recruiter.com settles ~$999K debt with shares, raises $1.75M in PIPE, ups authorized shares to 200M
Issued 3.97M shares to settle August 2022 notes (~$999K principal, interest & penalties); 1.39M more shares pending blocker resolution.
Amendment extends closing to 5pm PT on Sept 2, 2024 from prior deadline.
Recruiter.com settles ~$999K debt with 5.36M shares; raises up to $5.5M via $1/share offering
Issued 5,358,569 shares to settle ~$999,253 in debt (principal+interest) and penalties; gain on extinguishment of $594,936.
Recruiter.com regains Nasdaq listing compliance; exploring up to $6.5M private placement
Formally notified by Nasdaq on June 6, 2024 of full compliance with Minimum Stockholders' Equity Requirement (≥$2.5M).
Recruiter.com closes $481K direct offering; explores debt swap and $6.5M private placement
Closed registered direct offering of 481,000 shares at $1.00/share for $481,000 gross proceeds; no placement fees.
Issued a warrant to GoLogiq (GOLQ) to purchase 292,000 shares of RCRT common stock at $0.01 per share on April 18, 2024.
Recruiter.com amends GoLogiq license; issues 292K warrants at $0.01/share
Amended royalty from 8% to 5% on GoLogiq technology license; effective March 28, 2024.
Recruiter.com amends 8-K to correct item from 4.02 to 3.01 (delisting notice)
Correction of item number in Feb 13, 2024 8-K: changed from Item 4.02 (non-reliance) to Item 3.01 (delisting/listing standard).
Recruiter.com appoints Granger Whitelaw as CEO; base salary $10K/month plus discretionary bonus
Granger Whitelaw appointed CEO effective March 7, 2024; compensation letter approved April 3, 2024.
Recruiter.com converts $245,884 note into stock; amends GoLogiq license, adds warrant
Converted $245,884.53 of Parrut promissory note into 168,414 shares at $1.46/share, satisfying all amounts.
Recruiter.com shareholders elect seven directors and ratify auditor at 2023 annual meeting
All seven director nominees elected: Sohn (481,418 for), Jennings (485,924), Whitelaw (489,654), Leff (488,442), Mbreki (489,612), Pemberton (487,485), Ruiz (487,191).
Recruiter.com CEO replaced by Granger Whitelaw; Job Mobz deal extended to June 30, 2024
Miles Jennings resigns as CEO/President effective March 7, 2024; stays as director and interim CFO.
Recruiter.com corrects proxy statement date; shareholder vote cancelled
Proxy statement filing date corrected from Sept 15, 2024 to Sept 15, 2023.
Recruiter.com gets Nasdaq delisting notice; enters GoLogiq licensing deal to cure equity shortfall
Nasdaq issued delisting determination on Feb 16, 2024 for failing to meet $2.5M stockholders' equity requirement; company believes it had $2.5M on that date but Nasdaq concerned about losses.
Effective as of May 7, 2025, Nixxy, Inc. (the “Company”) appointed Mike Schmidt as Chief Executive Officer of the Company pursuant to an employment agreement entered into on the same date.
On April 8, 2025, Nixxy, Inc. (the “Company”) appointed Ashissh Raichura as a member of the Company’s Board of Directors (the “Board”).
Ms. Volpone resigned as member of the Board of Directors of the Company, effective February 20, 2025.
Effective February 18, 2025, the Company appointed Miles Jennings as the Interim Chief Executive Officer of the Company until such time as the Company completes its process of hiring a permanent replacement.
on February 14, 2025, Yu-san “Debra” Chen Volpone resigned from her position as Chief Executive Officer of the Company, effective on that date.
On January 28, 2025, Mr. Mann resigned as a member of the Board.
Effective January 24, 2025, Nixxy, Inc. (the “Company”) appointed Christopher Mann as a member of the Board of Directors (the “Board”).
Effective, January 1, 2025, the Company appointed Elsa Sung as a member of the Board, and as chairwoman of the Company’s Audit Committee.
Effective January 1, 2025, Nixxy, Inc. (the “Company”) appointed Yu-san “Debra” Chen Volpone as the Chief Executive Officer of the Company and as a member of the Company’s board of directors (the “Board”).
Effective December 31, 2024, each of Wallace D. Ruiz, Deborah Leff and Steve Pemberton (collectively, the “Resigning Directors”) resigned as members of the Board.
Effective January 1, 2025, Nixxy, Inc. (the “Company”) appointed Yu-san “Debra” Chen Volpone as the Chief Executive Officer of the Company and as a member of the Company’s board of directors (the “Board”).
Effective December 31, 2024, each of Wallace D. Ruiz, Deborah Leff and Steve Pemberton (collectively, the “Resigning Directors”) resigned as members of the Board.
Max materiality 0.90 · Median 0.65 · Most common event other_material