-
French hub monitors Hormuz tensions from afar
-
Flick happy Raphinha back for Barca with title in sight
-
UN troubled by rejected appeal of Cambodian opposition leader
-
Activists on Gaza aid flotilla detained by Israel disembark in Crete
-
Suspect appears in UK court charged with attacking two Jewish men
-
Oil steady after wild swing, stocks diverge in thin trading
-
Lufthansa says searching for Oscar lost after US airport security row
-
Howe says Saudi backers are fully behind Newcastle
-
Chinese swimmer Sun Yang reports cyberbullying to police
-
Salah 'deserves big send-off', says Liverpool boss Slot
-
UK police charge man with stabbing attack on two Jewish Londoners
-
Solomon Islands leader loses court appeal, must face no confidence vote
-
Former world skating champion Uno joins pro eSports team
-
Japan baseball umpire hit by bat still unconscious two weeks on
-
Nakatani says won't be intimidated in sold-out Inoue title clash
-
T-Wolves eliminate Nuggets as Knicks demolish Hawks in NBA playoffs
-
Timberwolves eliminate Jokic's Nuggets from NBA playoffs
-
Iran activates air defences as Trump faces congressional deadline
-
Arsenal seek to ramp up heat on Man City in title race
-
PSG closing in on another French title before Bayern second leg
-
Espanyol must stop rot against Real Madrid as Barca eye title
-
Leipzig can book return to Champions League as Bundesliga top-four rivals meet
-
Injuries add to Bath's challenge for Champions Cup semi in Bordeaux
-
Karius getting 'back to the top' with promotion-chasing Schalke
-
King Charles arrives in Bermuda after whirlwind US visit
-
Clashes erupt in Australian town over death of Indigenous girl
-
Iran war redraws sea routes with Africa as the pivot
-
India's cows offer biogas alternative to Mideast energy crunch
-
Afghans celebrate spring in bright red poppy fields
-
Finland's 'Flamethrower' and 4 other Eurovision favourites
-
Crude edges up after wild swing, stocks track Wall St rally
-
Eurovision: 70 years of geopolitics, patriotism, music and glitter
-
Knicks demolish Hawks to advance in NBA playoffs
-
Blockbuster EU-Mercosur trade deal enters into force
-
'Uncharted': US court ruling shakes up battle for Congress
-
Florida executes man who spent nearly 50 years on death row
-
Ace lifts rookie Green to share of LPGA lead as Korda lurks
-
Wear a bulletproof vest? I don't want to look fat, says Trump
-
SETO Holdings Subsidiary Shinju Japanese Whisky Joins FullScale Marketplace to Expand Creator-Led Commerce and Digital Distribution
-
CCL Industries Closing of ALT Technologies Acquisition
-
Securitas Healthcare Acquires ZulaFly(TM) to Advance Cloud-Based RTLS and Accelerate Innovation Across Healthcare
-
Marwynn Holdings Announces Strategic Expansion into Battery Recycling Infrastructure with Plans for EcoLoopX Black Mass Production Facility
-
Tenon Medical, Inc. Sets Date for First Quarter 2026 Earnings
-
Supreme Court Case Could Change How the IRS Collects Civil Penalties - Clear Start Tax Explains What Hirsch v. US Tax Court Means for Taxpayers
-
Datavault AI and CyberCatch Announce Signing of Binding Letter of Intent for Datavault AI to Acquire CyberCatch to Accelerate AI-Driven, Quantum-Resistant Cyber Risk Mitigation Solutions
-
GPOPlus+ Publishes Updated Investor Memorandum Detailing Three Year Operating History and Path to Scale
-
°MEQU Eliminates a Critical Break in Trauma Care with FDA Clearance of °M Station
-
BeMetals Announces Resumption of Trading on TSX Venture Exchange and Effective Date of Share Consolidation
-
Helio Lands on Wall Street With Participation at Market Movers Investor Summit in New York
-
Abasca Resources to Participate in Core Days 2026 and Closes $2.5 Million Private Placement
Nixxy Secures $2 Million Growth Facility at Premium Price, Signaling Confidence in Company's Future
NEW YORK, NY / ACCESS Newswire / September 4, 2025 / Nixxy, Inc. (NASDAQ:NIXX), or Nixxy, today announced it has secured a $2,000,000 revolving growth facility with what Nixxy believes are highly favorable terms that deliver new capital to accelerate expansion while protecting shareholders.
The facility carries a modest, industry-standard interest rate of 8.25% and allows Nixxy to draw up to $500,000 monthly, as needed, over a one-year period. Importantly, the lender may elect to convert principal and interest into Nixxy common stock at a fixed price of $2.00 per share, a premium above the current market price, underscoring confidence in Nixxy's long-term growth.
"This financing highlights strong confidence in Nixxy's future," said Mike Schmidt, CEO of Nixxy. "Unlike typical small-cap financings, this facility was deliberately structured to protect shareholders while giving us flexible, on-demand growth capital. The $2.00 conversion floor represents a premium to today's stock price and directly aligns the lender's upside with shareholder value creation. This win-win structure positions Nixxy to capture opportunities, accelerate innovation, and deliver long-term value to our investors."
The Company also reports preliminary, unaudited revenue for the month ended August 31, 2025, of over $10 million, reflecting continued month-over-month growth as it focuses on margin expansion and the rollout of new products and services.
About Nixxy, Inc. (NASDAQ:NIXX) a technology company at the forefront of AI-powered business services, powering the next generation of intelligent services across telecom, healthcare, and enterprise markets. Anchored by its proprietary AI Infrastructure platform, Nixxy provides scalable, secure, and LLM-agnostic infrastructure for deploying private AI at scale. From global voice and messaging to AI-enhanced diagnostics, Nixxy delivers solutions where infrastructure, intelligence, and monetizable data converge. With a strategy focused on platform extensibility, data monetization, and data access models, Nixxy is building the foundation for the future of enterprise AI deployment and private data economy.
Filings and press releases can be found at http://www.nixxy.com/investor-relations.
Contact Information
Investor Contact: Nixxy, Inc.
Investor Relations Email: [email protected]
Phone: (877) 708-8868
Forward-Looking Statements Disclaimer
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements, including those regarding the Company's business strategy, future operations, acquisition strategy, financial position, potential growth, spin-out transactions, and market opportunities. Words such as 'anticipates,' 'believes,' 'expects,' 'intends,' 'plans,' and 'will,' or similar expressions, are intended to identify forward-looking statements. These statements are based on the
Company's current expectations and beliefs and involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company disclaims any obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Preliminary Financial Information and Revenue Estimates.
Any references in this press release to billing activity, platform usage, or forecasted revenues are unaudited, provisional, and derived solely from internal system data, telemetry, and operational logs. These figures do not constitute earned, invoiced, or collectible revenue and may not result in future cash flow. They are operational estimates provided solely for contextual and informational purposes. The Company makes no representation that such activity will result in recognized revenue under GAAP or any applicable accounting standards. These internal models are based on usage metrics and port-level system outputs and, though supported by finalized contracts, invoicing, or payment, may not be recognized. As such, no assurance can be given that any portion of this activity will be billable, collected, or otherwise monetized. Investors should rely exclusively on the Company's audited financial statements and public filings with the SEC when evaluating its financial performance or making investment decisions.
No Offer or Solicitation Disclaimer
This communication is for informational purposes only and is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Risk Factors
Investors should carefully consider the risks associated with the Company's business and the spin-out transaction described herein, including but not limited to: the uncertainty surrounding the timing of the spin-out; the ability to successfully execute acquisitions and integrate acquired companies; the impact of technological changes on the Company's operations; and other risks detailed in the Company's filings with the Securities and Exchange Commission, including those risk factors contained in the Company's Form 10-K for the year ended December 31, 2024.
SOURCE: Nixxy, Inc.
View the original press release on ACCESS Newswire
A.Taylor--AT