Nixxy (NIXX) Announces CognoGroup Spin-Off Plans

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Nixxy Announces CognoGroup Spin-Off Plans

October 18, 2024 7:41 AM EDT

CognoGroup Spin-Off Update

NEW YORK, NY / ACCESSWIRE / October 18, 2024 / Nixxy (NASDAQ: NIXX) is moving forward with its previously announced plans to consolidate several of its assets and liabilities into Atlantic Energy Solutions (OTC:AESO), which is planned to be renamed CognoGroup ("CognoGroup"). As part of this restructuring, Nixxy will distribute shares of CognoGroup to eligible shareholders, aligning with its strategy to streamline operations and potentially unlock shareholder value.

CognoGroup will focus on AI-driven projects aimed at enhancing human... More