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.
NEW YORK, NY / ACCESSWIRE / December 4, 2024 / Nixxy, Inc. (NASDAQ:NIXX), 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. Key Details Original Announcement Original Record Date: November 15, 2024 Originally Announced Spin-Off Date: TBD Original Distribution Ratio: TBD Reason for Withdrawal The decision to withdraw the record date is based on: Ongoing strategic evaluation of the corporate structure Pending additional regulatory reviews Optimization of shareholder value Alignment with broader strategic objectives Next Steps The company will provide an updated timeline in a subsequent announcement Shareholders are advised to await further communication All previously disclosed information remains subject to review Management Commentary "The Company believes that the withdrawal of the record date for the CognoGroup spinoff will afford the Company with the additional time to better align with its corporate aims, allow for the orderly distribution of the CognoGroup shares and maximize shareholder value.
NEW YORK, NY / ACCESSWIRE / November 1, 2024 / Nixxy, Inc, (NASDAQ:NIXX), 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. Strategic Acquisition Approach The Letter of Intent aligns with Nixxy's strategic focus on acquiring businesses positioned for digital transformation.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BM Bert Miller Miller Wealth Advisors LLC | 2,000 | $1,921.2 | $1,800 | -$121.2 | -6.31% |
| Professional Services Industry | Industrials Sector | Michael Schmidt CEO | NASDAQ (CM) Exchange | 75630B402 CUSIP |
| US Country | 3 Employees | - Last Dividend | 25 Aug 2023 Last Split | 20 Nov 2008 IPO Date |
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