SEC Form SC 13G/A filed by ShiftPixy, Inc. (Amendment)
$PIXY
Diversified Commercial Services
Consumer Discretionary
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This press release is issued to update and clarify statements made in the previous release dated October 17, 2024. ShiftPixy, Inc. (NASDAQ:PIXY) ("ShiftPixy" or the "Company"), a Florida-based national staffing enterprise which designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, announced that on October 16, 2024, it entered into a non-binding Letter of Intent ("LOI") to acquire TurboScale, a cutting-edge AI technology company specializing in scalable GPU cloud infrastructure and AI model deployment, for a purchase price of $150 million. The deal, structured as $75 million in stock and $75 million in debt
ShiftPixy, Inc. (NASDAQ:PIXY) ("ShiftPixy" or the "Company"), a Florida-based national staffing enterprise which designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announced its acquisition of TurboScale, a cutting-edge AI technology company specializing in scalable GPU cloud infrastructure and AI model deployment, in a $150 million transaction. The deal, which was structured with $75 million in stock and $75 million in debt underscores ShiftPixy's commitment to accelerating innovation through artificial intelligence and enhancing its platform capabilities with TurboScale's advanced AI solutions.
ShiftPixy, Inc. (NASDAQ:PIXY) ("ShiftPixy" or the "Company"), a Florida-based national staffing enterprise which designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announced a one-for-fifteen (1:15) reverse split of the Company's issued and outstanding shares of Common Stock, which will be effective at market open on Nasdaq on October 14, 2024. About ShiftPixy ShiftPixy is a disruptive human capital services enterprise, revolutionizing employment in the Gig Economy by delivering a next-gen platform for workforce management that helps businesses with shift-based employees navigate regulatory manda
ShiftPixy, Inc. (NASDAQ:PIXY) ("ShiftPixy" or "the Company"), a Florida-based national staffing enterprise which designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announced the appointment of John Bissell as Chief Operating Officer of ShiftPixy Labs, an innovative new suite of marketing and support services for quick service restaurant operators (QSRs). "John's multi-unit operator experience with national brands is a key ingredient for the successful launch of the brands we are incubating within ShiftPixy Labs," said ShiftPixy Co-Founder and CEO, Scott Absher. "His talent and vision are a rare fi
ShiftPixy, Inc. (NASDAQ:PIXY) ("ShiftPixy" or "the Company"), a Florida-based national staffing enterprise which designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announced the appointments of Rodney Diekema as Chief Sales Officer for the Company's QSR (Quick Service Restaurants) markets, and Eduardo J. Dominguez as Chief Sales Officer for ShiftPixy's staffing initiatives. "Rod has built national direct sales teams for decades, and his plan for rapid sales growth includes connecting with the many QSR operators who went quiet during COVID," said ShiftPixy Co-Founder and CEO, Scott Absher. "We had
4 - ShiftPixy, Inc. (0001675634) (Issuer)
4 - ShiftPixy, Inc. (0001675634) (Issuer)
3 - ShiftPixy, Inc. (0001675634) (Issuer)
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SC 13G - ShiftPixy, Inc. (0001675634) (Subject)
SC 13G - ShiftPixy, Inc. (0001675634) (Subject)
SC 13G - ShiftPixy, Inc. (0001675634) (Subject)
8-K - ShiftPixy, Inc. (0001675634) (Filer)
8-K - ShiftPixy, Inc. (0001675634) (Filer)
8-K - ShiftPixy, Inc. (0001675634) (Filer)