Nixxy Signs Infrastructure Services Contract with Telforge, Inc. to Manage an Estimated $60,000,000 in Telecommunications Traffic

Rhea-AI Summary

Nixxy (NASDAQ:NIXX) signed a 12-month infrastructure services agreement with Telforge, a new wholly owned subsidiary of FingerMotion (NASDAQ:FNGR), potentially managing up to $60,000,000 of FNGR's 2026 revenues. The deal includes a fixed monthly service fee and is expected to yield an estimated incremental operational benefit of about $20,000 per month to Nixxy's telecom business. All traffic will run on Telforge's internal switching platform, scaled to Nixxy traffic levels for the contract term. The Telforge acquisition closed March 18, 2026, enabling this commercial engagement.

Positive

• Potentially manage $60,000,000 of FNGR 2026 revenues
• Adds recurring fixed monthly service fees
• Estimated operational benefit of $20,000/month

Negative

• Agreement term limited to 12 months
• Managed revenue described as potential (uncertain realization)

News Market Reaction – NIXX

+18.48% 4.2x vol

26 alerts

+18.48% News Effect

+22.8% Peak in 25 hr 20 min

+$3M Valuation Impact

$20M Market Cap

4.2x Rel. Volume

On the day this news was published, NIXX gained 18.48%, reflecting a significant positive market reaction. Argus tracked a peak move of +22.8% during that session. Our momentum scanner triggered 26 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $3M to the company's valuation, bringing the market cap to $20M at that time. Trading volume was very high at 4.2x the daily average, suggesting strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Telecom traffic under contract: $60,000,000 Contract term: 12 months Incremental operational benefit: $20,000 per month +2 more

5 metrics

Telecom traffic under contract $60,000,000 Potential 2026 revenues managed via Telforge twelve-month agreement

Contract term 12 months Duration of Nixxy–Telforge infrastructure services agreement

Incremental operational benefit $20,000 per month Estimated additional monthly benefit to existing telecom business

Agreement announcement date March 19, 2026 Press release date for Nixxy–Telforge contract

Telforge acquisition date March 18, 2026 Date FingerMotion signed Telforge acquisition

Market Reality Check

Price: $0.8000 Vol: Volume 634,245 is about 1...

normal vol

$0.8000 Last Close

Volume Volume 634,245 is about 1.15x the 20-day average of 550,265, showing slightly elevated trading interest before this announcement. normal

Technical Shares at $0.67 are trading below the $1.38 200-day MA and sit 72.87% under the 52-week high, though still 41.38% above the 52-week low.

Peers on Argus

NIXX fell 6.7% while sector peers were mixed: JOB rose 5.74%, IPDN declined 2.49...

1 Up

NIXX fell 6.7% while sector peers were mixed: JOB rose 5.74%, IPDN declined 2.49%, and others were modestly down, pointing to stock-specific trading rather than a broad sector move.

Historical Context

5 past events · Latest: Feb 24 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 24	Platform & partnership	Positive	+4.9%	Adopted Workiva platform and expanded AI-fintech ecosystem via PayToMe.co.
Feb 12	Fintech partnership	Positive	-9.3%	Announced PayToMe.co partnership to integrate embedded payments and AI compliance.
Jan 26	Execution outlook	Positive	-6.2%	Provided 2025 execution update and 2026 outlook on scaling AI communications.
Jan 5	Business separation	Positive	+3.9%	Completed CognoGroup spin-out to increase focus and reduce operating complexity.
Dec 4	CFO appointment	Positive	+0.9%	Appointed experienced CFO to support scaling and larger transactions.

Pattern Detected

News has generally been positive, but price reactions have been mixed, with both rallies and selloffs following constructive strategic updates.

Recent Company History

Over the past several months, Nixxy has focused on telecom- and AI-driven infrastructure scale-up. A January 2026 outlook detailed wholesale voice and messaging expansion, index inclusion, asset acquisitions, and a credit facility. The CognoGroup separation on Jan 5, 2026 aimed to sharpen strategic focus, while a December 2025 CFO hire strengthened finance capabilities. February 2026 brought AI–fintech partnerships with PayToMe.co and Workiva adoption. Today’s contract news extends this infrastructure and partnership-led growth trajectory.

Market Pulse Summary

The stock surged +18.5% in the session following this news. A strong positive reaction aligns with N...

Analysis

The stock surged +18.5% in the session following this news. A strong positive reaction aligns with Nixxy’s strategy of scaling telecom infrastructure through third-party contracts. Managing up to $60,000,000 in traffic and an estimated $20,000 in monthly operational benefit could be seen as incremental validation of its AI-native communications model. Investors have previously shown mixed responses to positive news, so contract execution, customer concentration, and margin trends would remain critical watchpoints.

Key Terms

wholesale voice, routing management, settlement reconciliation

3 terms

wholesale voice technical

"focused on strong commercial outcomes for wholesale voice performance, switch and routing"

Wholesale voice is the bulk sale and routing of telephone calls between telecommunications companies and service providers rather than to end customers. Think of it as selling large blocks of calling minutes to other carriers the way a wholesaler sells pallets of goods to retailers; it matters to investors because it is a volume-driven revenue stream that can be steady but low-margin, and is sensitive to traffic patterns, pricing competition, regulation and fraud risks that affect profitability.

routing management technical

"wholesale voice performance, switch and routing management, wholesale rate negotiations,"

Routing management is the process brokers and trading systems use to decide where to send buy or sell orders—such as different stock exchanges, dark pools, or internal matching systems—to be executed. It matters to investors because those routing choices affect how quickly trades are completed, the price you receive, and the fees you pay; think of it like choosing the best checkout lane at a busy store to save time and money.

settlement reconciliation financial

"wholesale rate negotiations, settlement reconciliation and third-party invoice validation."

Settlement reconciliation is the process of checking that the lists of trades, cash movements and ownership records held by different parties match up so that each trade is correctly completed and everyone gets the right money or shares. Like comparing receipts and your bank balance after shopping, it finds and fixes mismatches that could cause failed trades, unexpected losses, or delays — risks that can affect an investor’s access to funds or holdings.

AI-generated analysis. Not financial advice.

NEW YORK, NY / ACCESS Newswire / March 19, 2026 / Nixxy, Inc. (NASDAQ:NIXX) ("Nixxy" or the "Company"), an AI infrastructure company advancing telecom and fintech convergence, today announced the signing of an infrastructure services agreement with Telforge, Inc, a wholly owned subsidiary of FingerMotion, Inc. (NASDAQ:FNGR).

The twelve-month contract is for Nixxy to potentially manage up to $60,000,000 of FingerMotion's 2026 revenues through FNGR's new subsidiary, Telforge, Inc., an acquisition that was signed on March 18, 2026. As part of the engagement, Nixxy will provide the backend operational support, focused on strong commercial outcomes for wholesale voice performance, switch and routing management, wholesale rate negotiations, settlement reconciliation and third-party invoice validation. All traffic will be run on Telforge's internal switching platform which will be scaled to the same traffic levels of Nixxy over the term of the contract.

Under the agreement, Nixxy will receive a fixed monthly service fee. In addition, the Company expects the engagement to generate an estimated incremental operational benefit of approximately $20,000 per month to its existing telecom business, driven by enhanced routing performance and related operating efficiencies.

Mike Schmidt, CEO of Nixxy, Inc. stated "this services agreement proves the robust nature of Nixxy's software and ability to outsource its infrastructure to other global companies who desire efficiencies and access to our data services. It also adds recurring services revenue, supports further scale in our wholesale operations, and is aligned with our focus on building a more efficient, higher-performing communications infrastructure business."

Martin Shen, CEO of FingerMotion, states "by combining Nixxy's seasoned operations with the Telforge team and adding Telforge's US customer base to our access to customers in Asia, we are positioned to grow our telecom division to significant revenue milestones in 2026. Nixxy's alignment with FingerMotion allows us to achieve this without additional capital and high operating costs, which should result in a win-win for both parties."

About FingerMotion, Inc.

FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the Company is developing additional value-added technologies to market to its users. The vision of the Company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the Company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets.

About Nixxy, Inc. (NASDAQ:NIXX) is a communications and data infrastructure company focused on scaling carrier-grade telecom rails spanning messaging, voice, and automation-enabled workflows. The Company is focused on executing disciplined growth across communications and adjacent ecosystems where infrastructure, identity, and transaction workflows converge.

Filings and press releases can be found at https://nixxy.com/investor-relations

Contact Information:

Investor Contact: Nixxy, Inc.
Investor Relations Email: IR@nixxy.com
Phone: (877) 708-8868

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the expected benefits, integration outcomes, commercialization, revenue opportunities, margin impacts, customer adoption, and future plans related to the partnership. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could cause actual results to differ materially, including but not limited to: integration and implementation risks, customer demand and adoption, regulatory and compliance requirements, competitive dynamics, operational execution, and other risks described in the Company's filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made, and the Company undertakes no obligation to update these statements except as required by law.

SOURCE: Nixxy, Inc.

View the original press release on ACCESS Newswire

FAQ

What does the Nixxy (NIXX) contract with Telforge announced March 19, 2026 cover?

It is a 12-month services agreement to manage telecom traffic and operations for Telforge. According to the company, services include routing, switch management, rate negotiations, settlement reconciliation and invoice validation.

How much revenue could Nixxy (NIXX) manage under the Telforge deal with FNGR?

Nixxy could potentially manage up to $60,000,000 of FingerMotion's 2026 revenues. According to the company, the figure is an upper-bound estimate tied to Telforge's traffic over the contract term.

What financial benefit does Nixxy (NIXX) expect from the Telforge engagement?

Nixxy expects an estimated incremental operational benefit of about $20,000 per month. According to the company, this comes from improved routing performance and related operating efficiencies.

Will Nixxy (NIXX) operate Telforge traffic on its own platform after the deal?

All traffic will run on Telforge's internal switching platform, scaled to Nixxy levels for the contract. According to the company, Nixxy provides backend operational support rather than hosting the traffic on its own switches.

When did FingerMotion complete the Telforge acquisition linked to the Nixxy contract?

The Telforge acquisition was signed on March 18, 2026. According to the company, the subsidiary relationship enables the immediate commercial services engagement with Nixxy.

How does the Telforge services deal affect Nixxy's revenue mix for investors?

The deal adds recurring services revenue via a fixed monthly fee and potential managed revenue exposure. According to the company, it supports scale in wholesale operations and recurring commercial services.