The Board of Recruiter.com Group, Inc. (NasdaqCM:RCRT) announced the spin-off of Operating Business and Assets on June 6, 2023. As per the transaction, the  newly created company would be publicly traded on the OTC Markets and for every share held of Recruiter.com, Recruiter shareholders will receive via a special distribution a to-be-determined number of shares of the spin-out company.