Nixxy, Inc. is a technology-driven company focused on developing innovative digital solutions that enhance user experiences across various platforms
The company specializes in creating software applications and tools that integrate seamlessly into everyday life, offering services in areas such as communication, productivity, and entertainment. With a commitment to leveraging cutting-edge technology, Nixxy aims to empower individuals and businesses alike, fostering connectivity and efficiency in a rapidly evolving digital landscape. Through strategic partnerships and continuous research, Nixxy seeks to stay at the forefront of industry trends, delivering value and engagement to its diverse customer base.
NEW YORK, NY / ACCESS Newswire / January 21, 2025 / Nixxy, Inc, (NASDAQNIXX), or "Nixxy" or the "Company," today announced it has commenced a private offering (the "Offering"), subject to market and other conditions, of up to $50 million aggregate principal amount of its zero-coupon convertible notes to certain accredited investors, with a maturity date on the one year anniversary date of the date of issuance (the "notes"). The notes will have a conversion price of $7.50 per share of common stock of the Company (the "Common Stock"), with the aggregate principal amount of such notes that can be converted at such conversion price being determined based on a historical volume weighted average price of Bitcoin. The notes will be purchased with Bitcoin, and such Bitcoin will also secure the notes.
NEW YORK, NY / ACCESSWIRE / January 3, 2025 / Nixxy, Inc, (Nasdaq:NIXX), or "the Company," today announced the appointment of Debra Chen Volpone as Chief Executive Officer and a member of the Board, effective immediately. This marks a pivotal step in the Company's growth strategy where she will lead the company forward through the acquisition, adoption, and development of consumer-facing AI & data-driven technologies. As a first step, Ms. Volpone will spearhead the recapitalization, consolidation, and digital transformation of the $11 billion global gift retailing industry, as it advances discussions to acquire wholesale gift agency JustGot2HaveIt, Inc. ("JG"), previously announced on November 1, 2024.
NEW YORK, NY / ACCESSWIRE / December 23, 2024 / Nixxy.com is pleased to announce the successful completion of its restructuring process, a pivotal step in enhancing shareholder value and positioning the organization for future growth. The company, threatened with Nasdaq delisting earlier in 2024, has eliminated onerous debt, resulting in increased shareholder equity and value through strategic partnerships with fresh and supportive investor groups, and is now is good standing with Nasdaq, and remains current in its SEC reporting. This restructuring has paved the way for the introduction of a new USA-based CEO, whose operational expertise will drive the company's strategic direction moving forward.
NEW YORK, NY / ACCESSWIRE / December 4, 2024 / Nixxy, Inc. (NASDAQNIXX), or "the Company", today announced that it is withdrawing the previously announced record date for its planned spin-off of its subsidiary, Atlantic Energy Solutions (OTC:AESO) ("AESO"), or CognoGroup, the anticipated future name of the Company following the spinoff.
NEW YORK, NY / ACCESSWIRE / November 1, 2024 / Nixxy, Inc, (NASDAQNIXX), or the Company, today provided an update to its previously announced letter of intent to acquire the wholesale gifts business JustGot2HaveIt, Inc. ("JG"), as filed on Form 8-K on October 24, 2024 (the "Letter of Intent"), further detailing strategic elements of this acquisition and clarifying its plans for an impending spin-off.
As industries across the globe continue to evolve and innovate, these five companies are leading the charge with cutting-edge strategies, groundbreaking technologies, and strategic acquisitions, each poised to make a lasting impact in their respective fields.
NEW YORK, NY / ACCESSWIRE / October 17, 2024 / Nixxy (NASDAQNIXX), the "Company," today provided an update on its strategy to acquire businesses in traditional markets and enhance their operations with state-of-the-art technology and data analytics.
