On September 6, 2024, ShiftPixy, Inc., a company registered in Wyoming and listed on The Nasdaq Market LLC under the trading symbol PIXY, filed a Form 8-K with the United States Securities and Exchange Commission. The report disclosed that Scott Absher, the CEO and holder of a 63.3% majority of ShiftPixy's common stock, approved a grant of an Option Agreement to the company's CEO. This agreement provides a conditional right to receive 5,302,277 shares of ShiftPixy's Preferred Class A Stock, exercisable following a reverse stock split. The option is exercisable one time and requires a notice of exercise and payment of the par value per share. The reverse split and the effectiveness of the Option Agreement are anticipated to occur at least 20 days after a definitive information statement is sent to shareholders. The Form 8-K was officially signed by CEO Scott Absher on September 9, 2024.

On September 6, 2024, ShiftPixy, Inc., a company registered in Wyoming and listed on The Nasdaq Market LLC under the trading symbol PIXY, filed a Form 8-K with the United States Securities and Exchange Commission. The report disclosed that Scott Absher, the CEO and holder of a 63.3% majority of ShiftPixy's common stock, approved a grant of an Option Agreement to the company's CEO. This agreement provides a conditional right to receive 5,302,277 shares of ShiftPixy's Preferred Class A Stock, exercisable following a reverse stock split. The option is exercisable one time and requires a notice of exercise and payment of the par value per share. The reverse split and the effectiveness of the Option Agreement are anticipated to occur at least 20 days after a definitive information statement is sent to shareholders. The Form 8-K was officially signed by CEO Scott Absher on September 9, 2024.