Summary by Futu AI
ShiftPixy, Inc., a company listed under the stock code PIXY.US, has taken a significant step towards its capital raising efforts. On August 15, 2024, A.G.P./Alliance Global Partners, acting as the Sole Placement Agent, formally requested the U.S. Securities and Exchange Commission (SEC) to declare ShiftPixy's Registration Statement on Form S-1 effective by 5:00 p.m. Eastern Time on the same day or as soon as possible thereafter. This request, made in accordance with Rule 461 of the Securities Act of 1933, is a critical move in the process of ShiftPixy's public offering. The company, along with its outside counsel Lowenstein Sandler LLP, reserves the right to request the effective time of the Registration Statement by telephone. Additionally, in...Show More