<a href="https://laohu8.com/S/NIXX">Nixxy</a> Inc. Secures $2 Million Convertible Line of Credit from Siwatex OÜ
Nixxy Inc. has entered into a significant financial agreement with Siwatex OÜ, an Estonian company, establishing a convertible revolving line of credit worth up to $2 million. Announced on September 4, 2025, and effective from September 2, 2025, this agreement aims to support Nixxy Inc.'s working capital and general corporate needs. The contract includes customary representations and conditions, and the securities involved are issued under an exemption from registration, in line with the Securities Act regulations. The arrangement allows for a potential extension of the maturity date by one year, subject to an extension fee. This development marks a strategic financial move for Nixxy Inc., enhancing its operational funding flexibility.
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