Company: ORBS
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004802
Chunk: 154

Company: Eightco Holdings Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 154
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 commercial harvest in the
United States. In addition, future domestic or foreign legislation and litigation concerning the use of timberlands, the protection
of endangered species, the promotion of forest health and the response to and prevention of catastrophic wildfires could also affect
timber supplies. Availability of harvested timber may further be limited by fire, insect infestation, disease, ice storms,
windstorms, flooding and other causes, thereby reducing supply and increasing prices. Demand for OCC, especially from China, could
result in shortages or spikes in the cost of OCC.

Industry
supply of commodity paper and wood products is also subject to fluctuation, as changing industry conditions can influence producers to
idle or permanently close individual machines or entire mills. Oversupply in these markets can also result from producers introducing
new capacity in response to favorable short-term pricing trends. Industry supply of commodity papers and wood products is also influenced
by overseas production capacity, which has grown in recent years and is expected to continue to grow. Wood fiber pricing is subject to
regional market influences, and the cost of wood fiber may increase in particular regions due to market shifts in those regions. In addition,
the ability to obtain wood fiber from foreign countries may be impacted by economic, legal and political conditions in those countries
as well as transportation difficulties.

Energy
is a significant input cost for the paper and packaging industry. Increases in energy prices can be expected to adversely impact businesses.

Because
we rely on a supply of corrugated sheets of cardboard to produce packaging, these uncertainties in the supply and cost of raw materials
used to produce paper products could affect the availability of the corrugated sheets of cardboard we rely on. Increases in costs may
need to be passed on to our customers, and ultimately may negatively affect our business.

Disruptions
in transportation could adversely affect our supply of raw materials and could have an adverse effect on our results of operations, profitability,
and liquidity.

Since
we receive our supply of raw material from suppliers that use third-party shippers that rely on truck, rail, and other forms of transportation,
the reduced availability of those modes of transportation could limit our ability to promptly produce products for our customers, which
could have an adverse effect on our operations, financial condition, and liquidity. In addition, the increased cost of transportation
of raw material from our suppliers may reduce our profitability if we are not able to recover those costs through price increases for
our products.

Paper
and packaging companies face strong competition.

We
face competition from numerous competitors, domestic as