Nixxy, Inc.

Nixxy, Inc. has entered into an amended and restated binding Letter of Intent with Tachyon 9 Corporation for a multi-step business combination. The proposed merger aims to create a publicly traded digital infrastructure platform company focused on artificial intelligence and high-performance computing workloads. Tachyon's capital stock is estimated to be valued at approximately $1 billion, and its shareholders are expected to hold at least 90% of the combined company. The deal includes a 620-acre hyperscale development campus in North Dakota with up to 1 gigawatt of power capacity. Tachyon will also raise up to $75 million through a PIPE investment, with up to $25 million potentially loaned to Nixxy for working capital.

Nixxy, Inc. announced a binding Letter of Intent with Tachyon9 Corporation to create a NASDAQ-listed AI Hyperscale Infrastructure and Energy Platform. This transformative deal includes a planned $1 billion investment into power and energy infrastructure for the 1 GW Nakota Project in North Dakota, with the first 150 MW expected operational by Q2 2027. The transaction also involves a planned $5 billion in GPU financing and a $75 million private placement, positioning Nixxy to focus on AI data centers and energy development.

Nixxy, Inc. reported a significant financial turnaround for the first quarter ended March 31, 2026, with revenue soaring to $29.09 million and a net income of $0.54 million, compared to a net loss of $4.54 million in the prior year. This performance follows the company's strategic transformation from a recruitment and staffing business to a wholesale telecommunications services provider, primarily through its Auralink AI subsidiary. The company also saw a substantial increase in cash and marketable securities, reflecting improved financial health.

Nixxy, Inc. filed its annual Form 10-K for the fiscal year ended December 31, 2025, with the SEC. The company is designated as a non-accelerated filer, a smaller reporting company, and an emerging growth company. As of June 30, 2025, the market value of common stock held by non-affiliates was approximately $41.37 million.