Articles from ShiftPixy, Inc.

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 the pricing of its "reasonable best efforts" offering of 2,403,847 common shares (or common share equivalents in lieu thereof) together with series A warrants to purchase up to 2,403,847 common shares and series B warrants to purchase up to 2,403,847 common shares at an offering price of $1.04 per common share and accompanying series A and B warrants. Each series A warrant is exercisable upon receipt of shareholder approval for one share of common stock at an exercise price of $1.04 per share and will expire five years from the effective date of shareholder approval. Each series B warrant is exercisable upon receipt of shareholder approval for one share of common stock at an exercise price of $1.04 per share and will expire two years from the effective date of shareholder approval. Gross proceeds from the offering, before deducting the placement agent’s fees and other offering expenses, are expected to be approximately $2.5 million.

ShiftPixy, Inc. (Nasdaq: PIXY) (“ShiftPixy” or the “Company”), a Florida-based national human capital provisioning enterprise which designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announces the execution of its second asset purchase agreement to acquire a leading provider of human capital across the Western U.S.

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 definitive agreement to acquire a leading provider of human capital in Northern California.

ShiftPixy, Inc. (Nasdaq: PIXY) (“ShiftPixy” or the “Company”), a Florida-based national human capital provisioning enterprise which designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announced a significant advance in its growth strategy with the receipt of terms for $100 million of commercial financing with Forstmann & Co. Inc., to initiate the first phase of the company’s human capital roll up. This substantial financial injection is earmarked to kick off the first round of strategic acquisitions slated for the first quarter of 2024, marking a significant step in ShiftPixy's national expansion plans.

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 pricing of its "reasonable best efforts" offering of 1,176,470 units at an offering price of $4.25 per unit (or $4.2499 with respect to units that include pre-funded warrants), priced at-the-market under Nasdaq rules. Each unit consists of one share of common stock (or a prefunded warrant in lieu thereof) and one common warrant. Each common warrant is immediately exercisable for one share of common stock at an exercise price of $4.25 per share and has a term of five years. Each pre-funded warrant is immediately exercisable for one share of common stock at an exercise price of $0.0001. The pre-funded warrants do not expire until exercised. Gross proceeds from the offering, before deducting the placement agent’s fees and other offering expenses, are expected to be approximately $5 million.

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 that it has entered into a definitive agreement with a single U.S. institutional investor for the purchase and sale of 2,265,000 shares of the Company’s common stock (or common stock equivalents in lieu thereof) in a registered direct offering and warrants to purchase up to 2,265,000 shares of common stock in a concurrent private placement (together with the registered direct offering, the "Offering") at a combined purchase price of $1.10 per share. The warrants issued pursuant to the concurrent private placement will have an exercise price of $1.10 per share, will be exercisable beginning six months after issuance and will expire 5 years from the initial exercise date.

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 today that its reverse stock split, scheduled for 11:59:59 p.m. on September 30, 2023, in Wyoming, will be postponed two weeks until 11:59:59 p.m. on October 14, 2023, in Wyoming. The delay is necessitated by the principal shareholder’s plans to effect charitable donations of his shares of the Company’s Common Stock and coordinating the donations with the recipient charities prior to the effectiveness of the reverse stock split. The Company anticipates that its common stock will begin trading on a post-reverse split basis on Nasdaq on October 16, 2023.

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 that at 11:59:59 p.m. on September 30, 2023, in Wyoming, pursuant to the vote of its shareholders on August 21, 2023, to effect a one-for-twenty-four (1:24) reverse split of the Company’s issued and outstanding shares of Common Stock, as further detailed in the Company’s definitive Schedule 14C Information Statement filed on September 1, 2023, Articles of Amendment of the Company’s Amended and Restated Articles of Incorporation will become effective as filed with the Secretary of State of Wyoming. The new reversed shares will begin trading on Nasdaq on October 2, 2023.

ShiftPixy, Inc. (Nasdaq: PIXY) ("ShiftPixy" or the "Company"), a Miami-based disruptive worker engagement and management platform, today announced the pricing of its "reasonable best efforts" public offering of 2,066,667 units at a public offering price of $1.50 per unit. Each unit consists of one share of common stock (or a prefunded warrant in lieu thereof) and one common warrant each exercisable for one share of common stock at an exercise price of $1.50 per share. The common warrants will be immediately exercisable and expire five years from the date of issuance. The pre-funded warrants and accompanying common warrants are identical to the units, except that each pre-funded warrant is immediately exercisable for one share of common stock at an exercise price of $0.0001, the purchase price for a pre-funded warrant and accompanying common warrants is $1.4999 and the pre-funded warrants do not expire until exercised. Gross proceeds from the offering, before deducting the placement agent’s fees and other offering expenses, are expected to be approximately $3.1 million.

ShiftPixy, Inc. (Nasdaq: PIXY) (“ShiftPixy” or the “Company”), a Miami-based disruptive worker engagement and management platform, today announced the launch of its game-changing “Instant Interview” feature, resolving a major roadblock to getting workers hired.

ShiftPixy, Inc. (Nasdaq: PIXY) (“ShiftPixy” or the “Company”), a Miami-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 it has engaged a registered broker dealer to review PIXY trading data and collaborate in filing FinCEN 314(b) suspicious activity reports (“SAR”) on its behalf. Section 314(b) of the USA Patriot Act provides financial institutions with the ability to share information with one another, under a safe harbor that offers protections from liability, in order to better identify and report activities that may involve money laundering or terrorist activities. Information sharing pursuant to Section 314(b) is voluntary, and FinCEN strongly encourages financial institutions to participate. The process can yield a number of useful outcomes:

ShiftPixy, Inc. (Nasdaq: PIXY) (“ShiftPixy” or the “Company”), a Miami-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 expanded on how its Fast Fill technology works. Designed to meet the needs of the modern workforce, by leveraging the power of mobile devices ShiftPixy is able to connect with the new part-time workers where they are – on their smartphones.

ShiftPixy, Inc. (Nasdaq: PIXY) (“ShiftPixy” or the “Company”), a Miami-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 successful beta implementation of its AI-powered recruitment system, leveraging ChatGPT’s open API, designed to address the growing gap in opportunity matching and recruitment efficiency.

ShiftPixy, Inc. (NASDAQPIXY), a Florida-based national staffing enterprise that is facilitating employment in the rapidly growing Gig Economy with a revolutionary technology platform, today announced it has selected Allied Sports as its agency of record for influencer marketing and brand partnerships aimed at promoting the new Digital Food Brands of ShiftPixy Labs.

ShiftPixy, Inc. (Nasdaq: PIXY) (“ShiftPixy” or “the Company”), a Miami-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 involvement in integrating OpenAI technology Davinci into Quelliv's Ask Dr. A Chatbot. The chatbot assists customers in answering their queries about the technology used and services offered by ShiftPixy customer Quelliv, a wellness company using laser biomodulation as an alternative approach to promoting healing.

ShiftPixy, Inc. (Nasdaq: PIXY) (“ShiftPixy” or “the Company”), a Miami-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 plans for the integration of OpenAI's powerful language model, ChatGPT, into its platform to streamline recruiting and opportunity matching for staffing efforts, a move that is set to revolutionize the way ShiftPixy finds, hires, and retains its national workforce.

ShiftPixy, Inc. (Nasdaq: PIXY) (“ShiftPixy” or “the Company”), a Miami-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 first round of the expansion of its national sales team into several major metropolitan markets including:

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 development of ordering apps designed to elevate customer engagement with Digital Food Brands (DFBs) – online-only restaurants that deliver to the customer doorstep. The ShiftPixy Labs apps will be uniquely branded for each DFB, and through the use of cutting-edge technology will allow customers with just a few clicks to easily browse menus, customize orders, add special instructions, track their delivery status in real time, pay for their meals and earn loyalty points all from their mobile devices. The new apps will be available for download on both iOS and Android devices. For additional online viewing of our app development video, please visit our YouTube channel here.

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 released a video further detailing its new “Fast Fill” recruiting technology first announced December 13, 2022. As reported at the time, many of the multi-unit fast food operators that endured the pandemic are now seeing activity pick up, but finding themselves unable to fill open positions, often due to weaker than ever “bench strength”. Fast Fill, which ShiftPixy is launching with a “Need Workers?” marketing campaign aimed at restaurant operators, is designed to directly reach available workers through mobile technology, encouraging immediate sign up for available QSR (quick service restaurant) shifts.

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 it will host a webinar titled How to Build a Bulletproof Bench by Rethinking Human Capital in a Post-COVID Era. This complimentary, hour-long event will take place on Thursday, December 22, 2022 at 2 PM ET, and feature ShiftPixy Co-Founder and CEO, Scott Absher. Topics of discussion will include:

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 that it will be presenting at the Emerging Growth Conference today, Wednesday December 14, 2022. The company’s virtual presentation will take place at 11:25 - 11:55 Eastern time and can be accessed here (pre-registration recommended).

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 introduction of “Fast Fill” recruiting technology. Many of the multi-unit fast food operators that have endured the pandemic are now seeing activity pick up and are finding themselves unable to fill open positions, often with “bench strength” weaker than ever. Fast Fill, which is being launched with a “Need Workers?” marketing campaign, is designed to directly reach available workers through mobile technology, encouraging them to immediately sign up for available QSR (quick service restaurant) shifts.

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).

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.

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 it is withdrawing the company’s application to list its securities or the securities of ShiftPixy Labs, Inc. on Upstream.

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 discusses the Quelliv incubation process at ShiftPixy and ShiftPixy Labs. As announced on October 4, 2022, through ShiftPixy Labs which is designed to take a unique business idea from concept through to mass commercialization, the Company completed the successful incubation launch of Quelliv Inc. low level laser centers.

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 successful incubation launch of Quelliv Inc. low level laser centers which provide an effective, non-invasive therapeutic alternative to ease pain, reduce inflammation, enhance skin health, and activate personal well-being. Quelliv laser centers are powered by industry leader Genesis One Lasers to ensure effective sessions with long-lasting results.

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 that it has entered into a securities purchase agreement with a single U.S. institutional investor for a private placement of common stock and warrants exercisable for common stock expected to result in gross proceeds to the Company of approximately $5 million before deducting placement agent commissions and other transaction-related expenses payable by the Company. In the private placement, the Company has agreed to sell 416,667 shares of its common stock together with common warrants to purchase up to 833,334 shares of common stock. Each share of common stock and two accompanying common warrants are being sold together at a combined purchase price of $12.00. The common warrants will have an exercise price of $12.00 per share, will be exercisable immediately and will expire seven years from the date of issuance. In connection with the private placement, the Company will reduce the exercise price of 124,194 outstanding warrants to purchase shares of common stock to $0.01 per share, effective upon the closing of the private placement.

ShiftPixy, Inc. (NASDAQPIXY) (“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 plans to transfer the Virtual Brand development pipeline and technology stack of ShiftPixy Labs (labs.shiftpixy.com) to a wholly-owned subsidiary, ShiftPixy Labs, Inc., which will then be dividended to ShiftPixy shareholders, using a record date of September 8, 2022. The spin-off transaction will be subject to various conditions, including the Company’s ability at the time of distribution to comply with applicable Wyoming law, and ShiftPixy Labs, Inc.’s meeting the qualifications for future listing on the Blockchain-powered Securities Exchange Upstream, and if successful, would eventually result in two standalone public companies. Management’s intention is to publicly list ShiftPixy Labs, Inc. via an initial public offering on both NASDAQ and Upstream during October 2022.

ShiftPixy, Inc. (NASDAQPIXY) (“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 that it has begun the application process to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”).

ShiftPixy, Inc. (NASDAQPIXY) (“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 at the close of business today in Wyoming, pursuant to the vote of its shareholders on July 19, 2022, to effect a one-for-one hundred (1:100) reverse split of the Company’s issued and outstanding shares of Common Stock, as further detailed in the Company’s definitive Schedule 14C Information Statement filed on August 2, 2022, Articles of Amendment of the Company’s Amended and Restated Articles of Incorporation will become effective as filed with the Secretary of State of Wyoming. The new reversed shares will begin trading on Nasdaq on September 1, 2022, the start of the Company’s new fiscal year.

ShiftPixy, Inc. (NASDAQPIXY) (“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 that its Board of Directors (the “Board”) approved a special distribution to ShiftPixy shareholders in the form of shares of common stock of Industrial Human Capital, Inc. NYSE: AXHNYSEAXH)

ShiftPixy, Inc. (NASDAQPIXY), 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 withdrawal of registration statements on Form S-1 previously filed with the Securities and Exchange Commission relating to three special purpose acquisition companies (“SPACs”) for which its wholly owned subsidiary, ShiftPixy Investments, Inc., had previously been identified as the Sponsor: Vital Human Capital, Inc.; TechStackery, Inc.; and Firemark Global Capital, Inc. Instead, ShiftPixy is devoting its resources to assisting its other sponsored SPAC, Industrial Human Capital, Inc. NYSE: AXHNYSEAXH)

ShiftPixy, Inc. (NASDAQPIXY) (the “Company”), a Florida-based national staffing enterprise that designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announced the development of a robust non-fungible token (NFT) gamification loyalty program, with plans to release it in 2022 as the Company prepares for the launch of its Ghost Kitchen food brands.

ShiftPixy, Inc. (NASDAQPIXY), a Florida-based national staffing enterprise that designs, manages, and sells access to a disruptive, revolutionary platform, today announced that on Tuesday, December 14 it will be hosting meetings and participating in a panel discussion entitled, “Shifting Consumer Behaviors - Stay at Home or On the Road?” at the Wolfe Consumer Growth Conference.

ShiftPixy, Inc. (NASDAQPIXY), 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 operating results for its fiscal year ended August 31, 2021 (“2021”).

ShiftPixy, Inc. (NASDAQPIXY), a Florida-based national staffing enterprise that designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announced that it will be presenting at the Sidoti Virtual Conference on Wednesday, December 8, 2021. The company’s virtual presentation will take place at 1:45 pm ET and can be accessed here.

ShiftPixy, Inc. (NASDAQPIXY), 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 promotion of Amanda Murphy to the post of Chief Operating Officer, effective January 1, 2022. Ms. Murphy has served as the Company’s Director of Operations since January 2016, and has been a member of the Board of Directors since April 2020.

ShiftPixy, Inc. (NASDAQPIXY), 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 successful completion of the initial public offering (“IPO”) of the common stock of Industrial Human Capital, Inc. (“IHC”), a Special Purpose Acquisition Companies (SPAC) sponsored by ShiftPixy through its wholly-owned subsidiary, ShiftPixy Investments, Inc. Pursuant to the IPO, IHC sold 11,500,000 units to the public at a price of $10 per unit, with each unit consisting of one share of IHC common stock and one redeemable warrant, with each whole warrant exercisable to purchase one share of IHC common stock at a price of $11.50 per share, subject to adjustment. This includes the exercise in full by the underwriters of their over-allotment option to purchase up to an additional 1,500,000 units. The units are listed on the New York Stock Exchange (“NYSE”) and began trading under the ticker symbol “AXHU” on October 20, 2021.

ShiftPixy, Inc. (the “Company”) (Nasdaq:PIXY), 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 that it has entered into a securities purchase agreement with a large institutional investor for a private placement of common stock and warrants exercisable for common stock expected to result in gross proceeds to the Company of approximately $12 million before deducting placement agent commissions and other transaction-related expenses payable by the Company. In the private placement, the Company has agreed to sell (i) 2,850,000 shares of its common stock together with warrants to purchase up to 2,850,000 shares of common stock, and (ii) 4,673,511 pre-funded warrants with each pre-funded warrant exercisable for one share of common stock, together with common warrants to purchase up to 4,673,511 shares of common stock. Each share of common stock and accompanying common warrant are being sold together at a combined offering price of $1.595, and each pre-funded warrant and accompanying common warrant are being sold together at a combined offering price of $1.5949. The pre-funded warrants will be immediately exercisable, at a nominal exercise price of $0.0001, and may be exercised at any time until all of the pre-funded warrants are exercised in full. The common warrants will have an exercise price of $1.595 per share, will be exercisable upon issuance and will expire five years from the date of an effective registration statement covering the shares underlying the warrants.

ShiftPixy, Inc. (NASDAQPIXY), a Florida-based national staffing enterprise that designs, manages, and sells access to a disruptive, revolutionary platform, today announced that it will be presenting at the Sidoti August Microcap Conference on Thursday, August 19, 2021. The company’s virtual presentation will take place at 9:15 am ET and can be accessed here.

ShiftPixy, Inc. (NASDAQPIXY), a Florida-based national staffing enterprise that designs, manages, and sells access to a disruptive, revolutionary platform, today announced that it will be presenting at the D.A. Davidson Bison Select Conference on Wednesday, August 4, 2021. The company’s virtual presentation will take place at 11:00 am ET and can be accessed here.

ShiftPixy, Inc. (NASDAQPIXY), a Florida-based national staffing enterprise that designs, manages, and sells access to a disruptive, revolutionary platform, today announced that it will be presenting at the Emerging Growth Conference on Wednesday, July 21, 2021. The company’s virtual presentation will take place at 12:30 ET and can be accessed here (pre-registration recommended).

ShiftPixy, Inc. (NASDAQPIXY), a Florida-based national staffing enterprise that designs, manages, and sells access to a disruptive, revolutionary platform, today announced the launch of MIAMI WORKS, a staffing and recruiting campaign designed to help the restaurant and hospitality industry navigate the staffing shortage induced by the pandemic. In collaboration with local universities and community development groups, ShiftPixy will host the first in a series of recruiting events this Saturday, June 26, 2021, to help shift workers easily find job opportunities that offer living wages, a sign-up bonus, and flexible schedules, as well as healthcare, workers’ compensation and 401K benefits.

ShiftPixy, Inc. (the “Company”) (Nasdaq: PIXY), a Florida-based staffing enterprise, which designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announced that it has entered into a securities purchase agreement with a large institutional investor for a private placement of common stock and warrants exercisable for common stock expected to result in gross proceeds to the Company of approximately $12 million before deducting placement agent commissions and other transaction-related expenses payable by the Company. In the private placement, the Company has agreed to sell (i) 2,320,000 shares of its common stock together with warrants to purchase up to 2,320,000 shares of common stock, and (ii) 2,628,453 pre-funded warrants with each pre-funded warrant exercisable for one share of common stock, together with common warrants to purchase up to 2,628,453 shares of common stock. Each share of common stock and accompanying common warrant are being sold together at a combined offering price of $2.425, and each pre-funded warrant and accompanying common warrant are being sold together at a combined offering price of $2.4249. The pre-funded warrants will be immediately exercisable, at a nominal exercise price of $0.0001, and may be exercised at any time until all of the pre-funded warrants are exercised in full. The common warrants will have an exercise price of $2.425 per share, will be exercisable upon issuance and will expire five years from the date of an effective registration statement covering the shares underlying the warrants.

ShiftPixy, Inc. (NASDAQPIXY), a Florida-based staffing enterprise, which designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announced that the Company, through a newly formed wholly-owned subsidiary, has been identified as the sponsor in registration statements on Form S-1 filed with the Securities and Exchange Commission (“SEC”) relating to proposed initial public offerings of the following four Special Purpose Acquisition Companies (SPACs):