ShiftPixy Helping Restaurants Build Digital Life Boats with Paycheck Protection Program
ShiftPixy, Inc. (PIXY)
Last shiftpixy, inc. earnings: 1/21 04:21 pm
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US:NASDAQ Investor Relations:
ir.shiftpixy.com/investor-relations
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Source: GlobeNewswire
IRVINE, Calif., April 15, 2020 (GLOBE NEWSWIRE) -- ShiftPixy (NASDAQ: PIXY), a California-based gig engagement platform provider, today announced the company’s initiative to catalyze digital infrastructure reinforcement and human capital management repurposing for multi-unit restaurant operators during the COVID-19 pandemic by leveraging the new Paycheck Protection Program (PPP) small business loans. As some of the hardest hit businesses by the global pandemic, restaurants across the country have been forced to furlough or lay off most, if not all, of their employees in addition to closing their dining rooms. Further, many restaurants lack the proper delivery infrastructure to adapt to the current environment. The rollout of the PPP, offering two-year, forgivable loans, has created a unique opportunity – a life boat of sorts – for restaurants to invest in repurposing their staff to better serve delivery demand, which ShiftPixy is uniquely positioned to immediately assist in implemen
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News
- ShiftPixy jumps 25% on TurboScale acquisition for $150M [Seeking Alpha]Seeking Alpha
- ShiftPixy, Inc. Announces Signed LOI to Acquire TurboScale [Yahoo! Finance]Yahoo! Finance
- ShiftPixy, Inc. Announces Signed LOI to Acquire TurboScaleBusiness Wire
- ShiftPixy's Big AI Move: Supercharges Workforce Management With $150M TurboScale Deal [Yahoo! Finance]Yahoo! Finance
- ShiftPixy acquires TurboScale in $150M deal [Seeking Alpha]Seeking Alpha
PIXY
Sec Filings
- 10/28/24 - Form 8-K
- 10/22/24 - Form 8-K
- 10/18/24 - Form 8-K
- PIXY's page on the SEC website