Nixxy completes separation of CognoGroup subsidiary
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Nixxy Completes Separation of CognoGroup, Increasing Strategic Focus, Reducing Operating Costs, and Unlocking Shareholder Value as AI Infrastructure Platform Scales Into 2026
January 5, 2026 8:45 AM ESTNEW YORK, NY / ACCESS Newswire / January 5, 2026 / Nixxy, Inc. (NASDAQ: NIXX) ("Nixxy" or the "Company"), an AI-driven communications and data infrastructure company, today announced the completion of its previously disclosed separation of its legacy Marketplace line of business into CognoGroup, Inc. (OTC Markets: CGNO) ("CognoGroup"). Following several actions, Nixxy now holds an ownership percentage of approximately 19.99% of CognoGroup's fully diluted equity. The transaction creates two independent public companies and is intended to enhance strategic focus, improve operating efficiency, and support long-term shareholder value.
As part of the... More
