8-K - Nixxy, Inc. | StockGist

AI Analysis

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Nixxy, Inc. entered into a $1 million private placement of common stock and dismissed its independent auditor, HTL International, LLC, replacing it with KG CPA LLP.

Key Takeaways

1The company sold 1,481,481 shares of common stock to five investors for $1 million in a private placement on March 30, 2026.

2The securities were sold without registration under the Securities Act, relying on an exemption under Section 4(a)(2).

3The company dismissed its independent registered public accounting firm, HTL International, LLC, on April 2, 2026.

4The company engaged KG CPA LLP as its new independent registered public accountant on March 30, 2026.

5There were no disagreements or reportable events with the dismissed auditor, HTL, during its engagement.

Current Report Details

Event Type

Material Agreement+3 More

Disclosure

Mandatory

Variant

8-K

Items Reported

1.01

| Entry into a Material Definitive Agreement. | |---|---| Securities Purchase Agreement On March 30, 2026, the Nixxy, Inc. (the “Company”) entered into share pu

Material Agreement

$1.0M

3.02

. The securities described above under Item 1.01 have not been registered under the Securities Act of 1933, as amended (“Securities Act”), or any state securiti

Securities Issuance

4.01

| Change in Registrant’s Certifying Accountant. | |---|---| **(a) Dismissal of Independent Registered Public Accounting Firm** ** ** On April 2, 2026, the Compa

Auditor Change

9.01

Financial Statements and Exhibits** ** ** (d) Exhibits | Exhibit No. | | Exhibit Description | |---|---|---| | | | | | 16.1 | | Letter from HTL International, L

Exhibits Only

Transaction Details

Material Agreement

Agreement: Securities Purchase Agreement
Parties: Nixxy, Inc. and several investors

•Sale of 1,481,481 shares of common stock
•Price per share of $0.675
•Total proceeds of $1,000,000
•Contains customary representations, warranties, and covenants

Exhibits (2)

16.1

LETTER FROM HTL INTERNATIONAL

8-K

CURRENT REPORT