Company: ORBS
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004802
Chunk: 165

Company: Eightco Holdings Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 165
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 reporting company until the last day of any fiscal year for so long as either (1) the market value of our shares
of common stock held by non-affiliates did not equal or exceed $250 million as of the prior June 30, or (2) our annual revenues did not
equal or exceed $100 million during such completed fiscal year and the market value of our shares of common stock held by non-affiliates
did not equal or exceed $700 million as of the prior December 31.

Because
we subject the above listed reduced reporting requirements, investors may not be able to compare us to other companies, this could make
our securities less attractive to investors and may make it more difficult to compare our performance with other public companies.

We
may not receive the desired benefits of selling Ferguson Containers.

We
have entered into the APA to sell Ferguson Containers. If we consummate the sale of Ferguson Containers pursuant to the APA, we may not
achieve the expected benefits of such sale and may incur additional expenses related thereto. This may have a negative impact on our
business and results of operations. It could also cause the market price of our securities to decline.

Your
percentage ownership in our company may be diluted in the future.

In
the future, your percentage ownership in our company may be diluted because of equity issuances for warrant exercises, acquisitions,
strategic investments, capital market transactions, or otherwise, including equity compensation awards that we grant to our directors,
officers and employees. These awards would have a dilutive effect on our earnings per
share, which could adversely affect the market price of our common stock. From time to time, we may issue additional equity compensation
awards to our employees under our employee benefits plans.

21

In
addition, our Certificate of Incorporation authorizes our board of directors to create and issue, without the approval of our stockholders,
one or more series of preferred stock having such powers, preferences, and rights, if any, and such qualifications, limitations, and
restrictions, if any, as established by our board of directors. The terms of one or more series of preferred stock that is created and
issued by our board of directors may dilute the voting power or reduce the value of our common stock. For example, our board of directors
could create and issue one or more series of preferred stock having the right to elect one or more of our directors (in all events or
on the happening of specified events) and/or the right to