Company Satisfies Nasdaq Listing Rule 5550(a)(2); Compliance Matter Officially Closed
NEW YORK--(BUSINESS WIRE)--Nixxy, Inc. (Nasdaq: NIXX) (“Nixxy” or the “Company”), an AI communications and data infrastructure company focused on next-generation digital infrastructure platforms, today announced that on July 2, 2026, the Company received a formal written notification (the “Compliance notification”) from the Nasdaq Stock Market LLC (“Nasdaq”) confirming that the Company has regained compliance with Nasdaq’s minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2). As a result, the matter has been closed.
According to the notification, Nasdaq determined that for the ten consecutive business days from June 17, 2026, through July 1, 2026, the closing bid price of Nixxy's common stock remained at or above the required minimum of $1.00 per share. As a result, Nasdaq has concluded that the Company has satisfied the requirements for continued listing, and the matter is now closed.
“We are pleased to have quickly resolved this matter and to have regained full compliance with Nasdaq’s listing requirements,” said David Kratochvil, Chairman of Nixxy, Inc. “We remain deeply focused on executing our strategic initiatives and driving long-term value for our shareholders.”
The Company believes that maintaining its Nasdaq listing supports continued access to capital markets, enhances visibility among institutional and retail investors, and strengthens its position as it pursues strategic growth opportunities.
About Nixxy, Inc.
Nixxy, Inc. (Nasdaq: NIXX) is an AI communications and data infrastructure company focused on next-generation digital infrastructure platforms positioned at the intersection of artificial intelligence, high-performance compute, energy, and data center infrastructure. Through its evolving strategic platform, the Company is pursuing large-scale opportunities supporting the rapidly growing global demand for AI compute capacity, sovereign AI initiatives, and next-generation energy-backed digital infrastructure.
Nixxy’s strategy includes the development and acquisition of AI data center assets, power infrastructure, communications technologies, and scalable digital infrastructure platforms designed to support the future of enterprise and hyperscale artificial intelligence deployment.
For more information, visit www.nixxy.com.
Contacts
Investor Relations Nixxy Inc. ir@nixxy.com
