ShiftPixy Inc (PIXY)

[Phaedrus77]

I'm not a member, so can't reply to messages. You can email me at kobrien2001 at yahoo if you want though.

[Phaedrus77]

EI, if you're into the reverse split game, you might want to look at AMMJ. Don't know if it'll work out, but it is potentially interesting.

[Enterprising Investor]

Not exactly.

Investors who owned one old share will receive one new share.

If you review today’s trading action, you will notice a large number of 1-share trades.

[Enterprising Investor]

ShiftPixy, Inc. Announces $2.5 Million Registered Direct Offering and Concurrent Private Placement (10/06/23)

MIAMI--(BUSINESS WIRE)--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.

The closing of the Offering is expected to occur on or about October 10, 2023, subject to the satisfaction of customary closing conditions. The gross proceeds from the Offering are expected to be approximately $2.5 million. The Company intends to use the net proceeds from the Offering for general corporate purposes.

A.G.P./Alliance Global Partners is acting as the exclusive financial advisor for the Offering.

The securities issued in the registered direct offering were offered pursuant to an effective shelf registration statement on Form S-3 (File No. 333-269477) previously filed with the U.S. Securities and Exchange Commission (the “SEC”) under the Securities Act of 1933 (the “Securities Act”), which was declared effective by the SEC on February 13, 2023. A prospectus supplement describing the terms of the proposed Offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Electronic copies of the prospectus supplement may be obtained, when available, from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at [phone], or by email at [e-mail].

The private placement of the warrants will be made in reliance on an exemption from registration under Section 4(a)(2) of the Securities Act and/or Regulation D thereunder. Accordingly, the securities issued in the concurrent private placement may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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 mandates, minimize administrative burdens and better connect with a ready-for-hire workforce. With expertise rooted in management’s more than 25 years of workers’ compensation and compliance programs experience, ShiftPixy adds a needed layer for addressing compliance and continued demands for equitable employment practices in the growing Gig Economy.

https://www.businesswire.com/news/home/20231006399910/en/ShiftPixy-Inc.-Announces-2.5-Million-Registered-Direct-Offering-and-Concurrent-Private-Placement

[ttottip]

Yes.

[Tom turtles]

Post RS = O/S will be 124,000 ? That's insane.

[ttottip]

<$1 again!

[BoilerRoom]

$AXLO in at $7.55

[BoilerRoom]

$PIXY going run again imo

[subslover]

Exactly Tom. Nice trade man! Very sweet!

[Tom turtles]

Just don't hold overnight. Flipped for $9K just today. TY PIXY stix

[subslover]

Thank you Aw, I'm sure that we will run into each other all the time!!!

[Awl416]

Joy of trading. No one is investing in these volatile stinkers

Pay to play….

Good luck!

[richme]

I think you missed the point of my post but that is great. Let's not make recommendations to each other again.

[subslover]

I spent my adult life reading balance sheets. LOL That came to an end 2 years ago. I may take a peak but it's not serious ha

[subslover]

If you're not in and out of these then it's all over. Yes, I gave you 2 stinky pinky stocks. The 1st one was DPLS at 0014 now 0021. You sold on a bad day. I'm doing fine there. The other one is AITX at 0046 now 0036. So I'm 50/50 or 50% on too. And don't forget about that POS bio tech you gave me at.11 but I didn't buy it because it looked like a Company printing press is involved!

[Awl416]

Trading against algorithms…. Entertainment

[Awl416]

Correct. No one reads a balance sheet. I bet you 80% don’t even know what this company does

[subslover]

Everything is a gamble now. Wall Street is no longer a place where the economy is being gauged. Its now a day traders Casino delight! Makes no difference if a Company is a POS in fact it's a better avenue to make big-day gains.

[richme]

You are so very considerate of the plight of others. Is that really you or someone else. You did recommend two previous losers so it must be you.

[Awl416]

L2 once again went from having 50k bid ask to barely a hundred bucks….

Don’t mess with algo’s

[Awl416]

Lotta money made lotta money lost yet lotta red flags…..

[subslover]

This stock is a travesty. It's a travesty of a mockery of a sham of a mockery of two mockeries of a sham

[richme]

He probably wants the charities to dump the shares before the reverse stock split. I finally bought in at a most stupid moment. Down considerably since. Oh well, it is only money!

[subslover]

ShiftPixy, Inc. Announces Delay of Reverse Stock Split Effective Date
MIAMI--(BUSINESS WIRE)-- 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.

[richme]

As flipping continues interest wanes. The one take made out well lose interest and those waiting on the sidelines also lose interest.

[bluebird50]

What happened here?

[stock1ace1]

Quit pumping your bags of lifw on other boards .. thanks

[Biorat]

Read about this here ad it's soon to act just like PIXY https://investorshub.advfn.com/CNVX-and-other-Bio-techs-cnvx-3716

[Triple nickle]

Yeah it is

[Tom turtles]

I'm not donating my shares

[Tom turtles]

Just play it baby ..damn...this is fun !

[Awl416]

Too funny

[Awl416]

180m yesterday….Can’t even get 1m in PM

Scary

[Anite]

The highest volume in 18 months was 46.673.000M on 22 Jun 2023. Today,s volume was incl PM 183M.....

[Anite]

We are able to track trading activity in real time with Level ll data and DTC weekly reporting, and can now track the registered market makers conducting these trades, either as a proprietary transaction, on behalf of a client, or via a sponsored or market access agreement.” Mr. Absher went on to say, “We will be among the first to correlate monthly market maker share volume, daily short volume and share imbalance data within this legal framework strategy to identify and uncover suspicious trading activity on which we can follow up with appropriate legal action.”

[Invest-in-America]

PIXY: Many folks flipped this 2-times today and, as such, DOUBLED their money TWO TIMES today!! (Impossible, implausible, irrational, MARKETS --- forever now, or merely 'TRENDING' now????)

[Awl416]

10m shares moved this from .77 to 1.12

125m-136m now

[Awl416]

Hence the term naked shorting

Wait till retail who hold through RS… wouldn’t surprise me they run it up before retail gets their shares cleared and those offshore thugs will short this back to a buck in 7 months

[Anite]

With fewer shares available, it can become more difficult for investors to buy or sell the stock, potentially creating scarcity and increased demand for the remaining shares.

[Awl416]

Truly is laughable

[MiamiGent]

PIXY Let's get au current with today's runner. Ok, we're not exactly ahead of this play but we can review it to learn.

PIXY made a splash this morning, hitting #1 on three of our five positive scans; Most Active #1, Highest Volume #1 and Highest % Gain #1. Not bad!

Here was the news: Why ShiftPixy Stock (PIXY) Is Exploding 150% Higher

BENZINGA 10:31 AM ET Sep-27-2023

ShiftPixy Inc (NASDAQ:PIXY) shares are trading higher by 157% to $1.12 Wednesday morning after the company announced its 1-for-24 reverse stock split effective date.

ShiftPixy announced on Tuesday said that it will implement a one-for-twenty-four reverse stock split on September 30, in accordance with the company's shareholder vote on August 21.

The newly reversed shares will be tradable on Nasdaq starting October 2, 2023. Shares have otherwise fallen some 94% on a year-to-date basis.

A reverse stock split reduces the number of outstanding shares in the market, effectively decreasing the stock's float (the number of shares available for trading).

With fewer shares available, it can become more difficult for investors to buy or sell the stock, potentially creating scarcity and increased demand for the remaining shares.

According to data from Benzinga Pro, PIXY has a 52-week high of $24.97 and a 52-week low of $0.36.

Nothingburger news- an exceedingly dangerous play, bordering on insane

PIXY is presently trading near the LOD: https://stockcharts.com/h-sc/ui?s=PIXY

SHIFTPIXY INC $0.7857 +0.3507 (+80.62%) BUT DOWN 44% from the HOD
As of Sep-27-20232:07:02 PM ET

Volume
124,352,902

Day range
$0.7700 - $1.38

In PIXY we see a return to form, whereby the Runner is a POS company. And out of South Florida, for good measure.

MG
$Stock*Shop*Charts*News*Option$

[Awl416]

1.5m just moved it .08 LOL

[Awl416]

Fascinating this opened with about 40m pre market volume

65m traded within first 3 hours most likely thugs naked shorting a position

20m traded since about noon and down .40 and about .60 from high

Sounds legal….

[Awl416]

100m million dollar volume and they have a whopping $1500 on the bid

[Awl416]

Went from 16mm on bid ask with size to one on one now

SEC where you at?

[Awl416]

This was at about 105m trading at 1.15ish

15m shares brought it down .35+ LOL

[Awl416]

Off shore thugs making 7 figures off retail today with their eyes closed

[Invest-in-America]

L.M.M.F.A.O.!!!

[subslover]

Your really doing GREAT my friend! Just keep buying these scams and you will retire in Tahiti.