ShiftPixy Inc (PIXY) News

$PIXY news flash...old Shifty Pixy finally went bankrupt.

Item 1.03 Bankruptcy or Receivership.
On October 28, 2024, ShiftPixy, Inc. (the “Company”) filed a voluntary petition in the United States Bankruptcy Court for the Southern District of Florida seeking relief under Chapter 11 of Title 11 of the United States Code.


https://www.sec.gov/Archives/edgar/data/1675634/000147793224006731/pixy_8k.htm

PIXY: Only circa 76K Float???

The run is done until the LOI closes. Good luck everyone.

ShiftPixy, Inc. Announces Signed LOI to Acquire TurboScale
MIAMI--(BUSINESS WIRE)-- This press release is issued to update and clarify statements made in the previous release dated October 17, 2024. 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 that on October 16, 2024, it entered into a non-binding Letter of Intent (“LOI”) to acquire TurboScale, a cutting-edge AI technology company specializing in scalable GPU cloud infrastructure and AI model deployment, for a purchase price of $150 million. The deal, structured as $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. The completion of the acquisition is subject to the negotiation of definitive agreements and other customary closing conditions, including board and shareholder approval and completion of an examination period. There is no assurance the acquisition will be completed on the terms contemplated in the LOI, or at all.

TurboScale provides GPU-accelerated infrastructure, enabling businesses to deploy and scale AI models effortlessly. Their platform offers cost-efficient, highly configurable virtual machines and private cloud solutions, tailored to meet the diverse needs of enterprises, from small experiments to large-scale AI deployments. ShiftPixy believes that, if this acquisition is completed, by integrating TurboScale’s advanced GPU cloud and AI technology, ShiftPixy could potentially enhance its ability to optimize staffing efficiency, improve labor forecasting, and offer advanced AI-driven workforce solutions for clients across multiple industries.

That was rude

About to halt

You are a clown that is afraid of its own shadow. When one can't comprehend basic English reading, the only job they have is clown show at carny festival in Canada.

FUTURES FLYING,,,😭 GREAT CALL!!!!!! IRAN....🥵

Everyone knows, including your own family that you are a clown.

YEAH. I'M A FAKE CHARTIST....COMING FROM THE THE DUDE THAT CALLED THE MARKET CRASH LAST WEEK WHEN YOU HAVE THE MOST EXPLOSIVE WEEKLY CLOUD FORMATION...DO U EVEN KNOW WHAT THE ICHIMOKU CLOUD IS FAKE BOY

hiftPixy, Inc. Announces Acquisition of TurboScale
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 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.

TurboScale provides GPU-accelerated infrastructure, enabling businesses to deploy and scale AI models effortlessly. Their platform offers cost-efficient, highly configurable virtual machines and private cloud solutions, tailored to meet the diverse needs of enterprises, from small experiments to large-scale AI deployments. By integrating TurboScale’s advanced GPU cloud and AI technology, ShiftPixy will enhance its ability to optimize staffing efficiency, improve labor forecasting, and offer advanced AI-driven workforce solutions for clients across multiple industries.

“We are excited to welcome TurboScale into the ShiftPixy ecosystem. Their groundbreaking AI infrastructure will amplify our capabilities and unlock new possibilities for our clients,” said Scott Absher, CEO of ShiftPixy. “Together, we are set to bring cutting edge workforce management tools and provide innovative, AI-powered solutions to businesses looking to scale.”

“TurboScale is extremely excited to partner up with ShiftPixy. Ultimately, Artificial Intelligence has to work hand in hand with human intelligence to help assist and accelerate our workforce productivity. ShiftPixy provides a perfect platform for many use cases of AI to blossom. The two companies plan to build training and inference infrastructure for vertical AIs that include HR, Sales, Customer Services, and many more,” said Chandler Song, CEO of TurboScale.

This acquisition will allow ShiftPixy to introduce enhanced AI-powered features, such as real-time predictive analytics and machine learning-driven automation, to streamline workforce management. TurboScale’s scalable solutions ensure that businesses can leverage AI to its fullest potential, all while maintaining flexibility and cost-efficiency. ShiftPixy anticipates accelerated growth and innovation following the acquisition, with plans to roll out new AI-driven tools by early 2025. This partnership underscores ShiftPixy’s commitment to remaining at the forefront of workforce automation and technological innovation, creating more intelligent and agile staffing solutions for its clients.

About ShiftPixy

Shouldn't you be reading your fake technical analyst, instead you should get ready for your Cross Dressing gig for tonight.

SHOULDN'T YOU BE OUT THERE BS'ING FAKE MARKET GURU....HOWS THAT IRAN MARKET CRASH COMING ALONG 😂

That's because you are sore loser.

THE REVERSE SPLIT THAT GOT AWAY...FUC ME////

Just got in yesterday at 1pm. Holy cow!!

Thank stock expert pro for sure

https://x.com/READY_2_PROFIT/status/1846890134941102233

https://dilutiontracker.com/app/search/PIXY?a=dbb88c

good call

15.30 under your sell🤑

$150M deal https://www.businesswire.com/news/home/20241017922928/en/

CONGRAT$

Just sold all the $6-$8 bought at $15.80s

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175237731

No kidding

Doesn’t matter nowadays sold to early $19s lol. You know the government behind pumping small caps and issuing capital to them so why fight the government. Economy is great

https://www.turboscale.com

Someone explain how turbo scale is worth 150 million

News is here $$$$$$

Just sold all the $6-$8 bought at $15.80s winner winner lol

LOL - ShiftPixy, Inc. Announces Acquisition of TurboScale

PIXY new 52+week low

Added $7

Back in $8.08 -fifteen (1:15) reverse split of the Company’s issued and outstanding shares of Common Stock, which will be effective at market open on Nasdaq on October 14, 2024.

PIXY Should have News Soon on its Deal Company aquring a company that has over 58 Million in annual revenues and profitable with this 120k float could be another $SEZL

$14.48- $19.05 zone to flip

Flip back out )13.07 Pixelate

Flip 2 in progress $12.99

Flip 1 done. Let’s repeat

Hit the ask lol $11.15 + 15% is it pump time again for this low floater

Me too

Got a starter $1.00

Down this POS goes, unfortunate.

PIXY new 52 week low

Headed LOWER

Whoops, I did it, again

PIXY new 52 week low

PIXY new 52 week low

New lows?

PIXY new 52 lo

PIXY new 52 lo