Nixxy Enters Binding Deal to Merge with Tachyon 9 in AI Data Center Push
June 16, 2026
Nixxy Enters Binding Deal to Merge with Tachyon 9 in AI Data Center Push
Nixxy, Inc. (NASDAQ: NIXX) has signed a binding, amended and restated Letter of Intent (LOI) with Tachyon 9 Corporation, a Delaware entity, to pursue a multi-step business combination that would create a single publicly traded company focused on digital infrastructure for artificial intelligence. The agreement, announced in a regulatory filing on June 15, marks a significant step in Nixxy’s pivot toward AI-driven data center operations.
The transaction, which is subject to shareholder approval and Nasdaq listing requirements, is designed to merge the two companies into a unified platform targeting high-performance computing (HPC) data centers. Under the terms of the LOI, Nixxy will leverage its status as a Nasdaq-listed public company to access capital markets for funding joint data center projects with Tachyon. The Tachyon Group has indicated it can facilitate financing for Nixxy to purchase GPUs and other critical infrastructure, potentially attracting investment-grade tenants and boosting revenue opportunities.
In parallel, Nixxy has moved to strengthen its capital base. On June 9, 2026, the company entered into stock purchase agreements with three investors to sell 484,375 shares of common stock at $0.64 per share, generating gross proceeds of approximately $310,000 before expenses. The offering was conducted under an effective shelf registration statement (File No. 333-296322), declared effective by the SEC on June 2, 2026. Pearl Cohen Zedek Latzer Baratz LLP provided a legal opinion on the validity of the shares, filed as Exhibit 5.1.
The binding LOI is enforceable by law and is intended to serve as the basis for definitive agreements, though the companies acknowledged there is no guarantee such agreements will be executed as planned. Both parties retain the right to conduct comprehensive due diligence, including financial, legal, technical, and operational reviews. Tachyon has agreed to cooperate fully with Nixxy regarding SEC filings and disclosures. Public announcements about the combination will require mutual consent, except where disclosure is legally mandated, and Nixxy reserves the right to make required filings, including a Current Report on Form 8-K.
The proposed combination, if completed, would reshape Nixxy’s business profile by creating a single, publicly traded digital infrastructure platform focused on AI. The partnership aims to combine Nixxy’s access to capital markets with Tachyon’s industry connections to fund and expand HPC data centers. However, the transaction depends on successful shareholder votes and Nasdaq listing approvals, and any delay or failure to secure such approvals could impact share value. Management has made forward-looking statements about growth, revenue scale, and operating leverage, but these involve risks and uncertainties, and actual results could differ materially from projections.
Investors are advised to monitor the completion of definitive agreements, the timeline of regulatory filings, and shareholder approvals. Nixxy’s Annual Report on Form 10-K and other SEC filings contain detailed risk disclosures. The company expressly disclaims any obligation to update forward-looking statements except as required by law.
Source: minichart
