Company: ORBS
Filing Date: 2025-09-11
Form Type: S-3ASR
Source: 0001493152-25-013022
Chunk: 12

Company: Eightco Holdings Inc.
Filing Date: 2025-09-11
Form: S-3ASR
Chunk 12
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, at any time and from time to time, for a period of seven years from the date of issuance. The Strategic Advisor Agreement also contains customary representations and warranties, confidentiality provisions and limitations on liability.

Placement Agent Agreement

On September 8, 2025, the Company entered into a letter agreement with R.F. Lafferty & Co., Inc. (the “Placement Agent Agreement”) for provision of certain placement agency services. Pursuant to the terms of the Placement Agent Agreement, R.F. Lafferty & Co., Inc. is acting as the sole placement agent in connection with the sale of the Securities and will receive, (i) a cash fee equal to two and one-half percent (2.5%) of the aggregate gross proceeds of the offering; and (ii) warrants to purchase a number of shares of Common Stock up to to two and one-half percent (2.5%) of the aggregate number of Securities sold in this offering, subject to certain exclusions as set forth in the Placement Agent Agreement (the “Placement Agent Warrants”) with such Placement Agent Warrants having an exercise price of $1.752 per share. On the Closing Date, the Company issued to the Placement Agent and representatives of the Placement Agent, Placement Agent Warrants which may be exercised for the purchase of up to 3,855,821 shares of Common Stock, with an exercise price per share equal to $1.752. The Placement Agent Warrants are exercisable for cash or pursuant to a cashless exercise, in whole or in part, at any time and from time to time, for a period of five years from the date of issuance.

Seller Note Termination Agreement

In connection with the Purchase Agreement, the Company entered into an agreement (“Seller Note Termination Agreement”) with the holders of the convertible promissory notes (the “Seller Notes”) issued in connection with the Company’s acquisition of Forever 8 Fund, LLC in September 2022. Pursuant to the Seller Note Termination Agreement, the Sellers converted all remaining outstanding principal and accrued interest obligations of the Company under the Seller Notes, aggregating $23,580,108, into an aggregate of 800,000 shares of Common Stock. Upon execution of the Seller Note Termination Agreement and issuance of such shares, the Seller Notes were deemed fully satisfied, discharged, and extinguished, and are of no further force or effect without any further liability on the part of the Company.

The offer and sale to the Purchasers of the Securities, the issuance of shares