EX-99.1 2 nixx_ex991.htm PRESS RELEASE nixx_ex991.htm EXHIBIT 99.1 Nixxy Commences Private Offering of up to $50 million of Bitcoin Secured Convertible Notes NEW YORK, NY - January 21, 2025 - Nixxy, Inc, (Nasdaq: NIXX), 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. In addition, Nixxy plans to grant the noteholders certain customary registration rights with respect to the shares of Common Stock issuable upon conversion of the notes. The offer and sale of the notes and the shares of Common Stock issuable upo…
Open exhibit ↗Current Report · Items 8.01, 9.01 · 8-K
NIXXY INC
Other Events
Item 8.01. Other Events. On January 21, 2025, Nixxy, Inc. (the “Company”) announced the commencement of a private offering, which is subject to market conditions, of its zero-coupon convertible promissory notes in an aggregate principal amount of up to $50 million (the “Convertible Notes”) to certain accredited investors (the “Purchasers”) in a transaction exempt from registration under the Securi…
Company context
Nixxy, Inc. (NASDAQ:NIXX) is committed to transforming traditional markets through cutting-edge technology and data-driven insights. By acquiring cornerstone businesses in established industries and evolving their operations with innovation, Nixxy unlocks new potential and creates opportunities for transformative growth. The company focuses on sectors poised for digital innovation, leveraging data and technology to disrupt conventional business models and drive progress.
Current securities
Recent company filings
- Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsSep 4, 2026
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- SCHEDULE 13G filingAug 25, 2026
- 10-Q filingAug 12, 2026
- Termination of a Material Definitive Agreement · Regulation FD DisclosureJul 31, 2026