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Nixxy spun off its Marketplace unit into CognoGroup, now focusing on AI communications while CognoGroup targets AI-powered talent tools.
Nixxy, Inc. (NASDAQ:NIXX) has completed the spin-off of its legacy Marketplace business into CognoGroup, Inc. (OTC: CGNO), creating two independent public companies.
Nixxy now holds about 19.99% of CognoGroup’s fully diluted equity and is focused solely on scaling its AI-native communications and data infrastructure platform.
The separation aims to improve strategic clarity, reduce costs, and enhance shareholder value.
Nixxy will prioritize expanding global voice and messaging systems, deploying AI across operations, and advancing toward profitability.
Shareholders received pro rata distributions of CognoGroup shares.
CognoGroup will concentrate on AI-driven tools for talent, learning, and professional development.
The restructure simplifies operations, improves financial transparency, and supports long-term growth for both companies.
Nixxy dividió su unidad Marketplace en CognoGroup, centrándose ahora en las comunicaciones de IA, mientras que CognoGroup apunta a herramientas de talento impulsadas por IA.