Company: ORBS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023549
Chunk: 226

Company: Eightco Holdings Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 1A
Chunk 226
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 and the Orb hardware network) is built entirely off-chain.
This business requires specialized employee skillsets and operational, technical and compliance infrastructure to support WLD and identity-layer
activities. This also requires the implementation of different security protocols and treasury management practices and adherence to
privacy laws. Further, there is ongoing scrutiny and limited formal guidance from regulatory agencies, including Nasdaq and the Securities
and Exchange Commission (the “SEC”), with respect to the treatment of public company cryptocurrency strategies. There is
no assurance that we will be able to execute this strategy by building out the needed infrastructure within the timeframe that we currently
anticipate. Errors by key management could result in significant loss of funds and reduced rewards. As a result, our shift towards WLD
could have a material adverse effect on our business and financial condition.

Our
shift towards a Worldcoin-focused treasury strategy requires substantial changes in our day-to-day operations and may expose us to significant
operational risks.

Our
shift towards a WLD treasury-focused strategy, including decentralized finance activities, exposes us to significant operational risks.
The Worldcoin ecosystem rapidly evolves. The upgrades may require that we incur unanticipated costs and could cause temporary service
disruptions to the Worldcoin network. We may also need to employ third-party service providers in our operations, which may introduce
risks outside of our control, including significant cybersecurity risks. Any of these operational risks could materially and adversely
affect our ability to execute our WLD treasury strategy and may prevent us from realizing positive returns and could severely hurt our
financial condition.

We
intend to purchase more WLD, the price of which has been, and will likely continue to be, highly volatile. Our operating results and
share price may significantly fluctuate, including due to the highly volatile nature of the price of such digital assets and erratic
market movements.

We
intend to purchase or otherwise acquire more WLD for the furtherance of our digital asset treasury operations. Digital assets, such as
WLD, generally are highly volatile assets, including as a result of shifts in market sentiment, speculative trading, macroeconomic trends,
technology-related disruptions and regulatory announcements. Our operating results and share price may significantly fluctuate, including
due to the highly volatile nature of the price of such digital assets and erratic market movements. In addition, digital assets do not
pay interest or other returns, unless utilized in financial applications, and so the ability to generate a return on investment from
the net proceeds of any capital raising activities will depend on