Company: ORBS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023549
Chunk: 44

Company: Eightco Holdings Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 44
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 issuance of the shares, the Seller Notes were fully extinguished with no further obligations. The Company recognized a gain of $22,789,599 within additional paid in capital due to the related party nature of
the Seller Note.

Warrant Exercises

During the nine months ended September 30, 2025,
holders exercised warrants for 146,600 shares of common stock, generating proceeds of $36,400.

ATM Agreement - R.F. Lafferty & Co.

On September 10, 2025, the Company entered into a new At-The-Market
Issuance Sales Agreement (the “Lafferty ATM Agreement”) with R.F. Lafferty & Co., Inc. as sales agent, providing for the
offer and sale of shares of Common Stock from time to time.

During the three months ended September 30, 2025 (the period the new
Lafferty ATM was active), the Company sold 4,985,974 shares of Common Stock for net proceeds of $68,944,330 under the Lafferty ATM Agreement.

The Company pays R.F. Lafferty a commission equal to 2.5% of the gross
proceeds, consistent with the Placement Agent Agreement.

2024 ATM Agreement – Univest

On
April 25, 2024, the Company entered into an At-The-Market Issuance Sales Agreement (the “2024 ATM Agreement”) with
Univest Securities, LLC, as the sales agent (the “Agent”), pursuant to which the Company was able to offer and sell, from time
to time through or to the Agent, as sales agent or principal, shares of common stock having an aggregate offering price of up to
$2,000,000.
On September 25, 2024, the Company entered into an amendment to this agreement which increased the aggregate offering amount to
$2,750,000.

    25

EIGHTCO
HOLDINGS INC.

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

20. STOCKHOLDERS’ EQUITY (continued)

Under the 2024 ATM Agreement, the Agent received a commission of 3% of
the aggregate gross sales prices of the shares of common stock. The Company also reimbursed the Agent for fees and disbursements of counsel
to the Agent in the amount of approximately $37,000 in connection
with the signing of the 2024 ATM Agreement