Profile
Sector:
IndustrialsIndustry:
Staffing & Employment ServicesCountry:
United StatesIPO:
25 September 2012Website:
http://www.recruiter.comNext earnings report:
20 November 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | Tue, 19 Nov 2024 21:00:00 GMTDividend
Analysts recommendations
Institutional Ownership
Included in screeners
NIXX Latest News
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.
CognoGroup Spin-Off Update NEW YORK, NY / ACCESSWIRE / October 18, 2024 / Nixxy (NASDAQ:NIXX) is moving forward with its previously announced plans to consolidate several of its assets and liabilities into Atlantic Energy Solutions (OTC:AESO), which is planned to be renamed CognoGroup ("CognoGroup"). As part of this restructuring, Nixxy will distribute shares of CognoGroup to eligible shareholders, aligning with its strategy to streamline operations and potentially unlock shareholder value.
The preliminary target valuation is estimated at $6 million. The transaction would be executed simultaneously with Nixxy's pending Spin-off of CognoGroup (Remaining Legacy Assets from Recruiter) The target company's Gross Merchandise Volume is projected to reach $66 million with $10 million in net revenues for 2024, pending its successful acquisition and integration.
What type of business is Nixxy?
Nixxy, Inc. operates an on-demand recruiting platform in the United States and internationally. It offers consulting and staffing services for the placement of professional recruiters; and consulting and staffing personnel services to employers. The company also provides referrals of qualified candidates to employers; and subscription to its web-based platforms that help employers recruit talent. In addition, it offers sponsorship of digital newsletters, online content promotion, social media distribution, banner advertising, and other branded electronic communications services for businesses; and resume distribution services, which involve promoting these job seekers' profiles and resumes to assist with their procuring employment, and upskilling and training for individuals to assist with career development and advancement. The company was formerly known as Recruiter.com Group, Inc. and changed its name to Nixxy, Inc. in October 2024. The company is based in Bristol, Connecticut.
What sector is Nixxy in?
Nixxy is in the Industrials sector
What industry is Nixxy in?
Nixxy is in the Staffing & Employment Services industry
What country is Nixxy from?
Nixxy is headquartered in United States
When did Nixxy go public?
Nixxy initial public offering (IPO) was on 25 September 2012
What is Nixxy website?
https://www.recruiter.com
Is Nixxy in the S&P 500?
No, Nixxy is not included in the S&P 500 index
Is Nixxy in the NASDAQ 100?
No, Nixxy is not included in the NASDAQ 100 index
Is Nixxy in the Dow Jones?
No, Nixxy is not included in the Dow Jones index
When was Nixxy the previous earnings report?
No data
When does Nixxy earnings report?
The next expected earnings date for Nixxy is 20 November 2024