Company: ORBS
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004802
Chunk: 391

Company: Eightco Holdings Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1B
Chunk 391
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    (5%) of our voting stock, and any person (other than a tenant or employee) sharing the household of such director, executive officer,
    or beneficial owner of more than five percent (5%) of our voting stock;

    ●
    any
    of the foregoing persons that qualify as such at any time during the fiscal year in which a transaction that would otherwise be subject
    to this the policy occurs, even if such person has ceased to have such status during such fiscal year; and

    ●
    any
    firm, corporation, or other entity in which any of the foregoing persons is a partner or principal or in a similar position or in
    which such person has a ten percent (10%) or greater beneficial ownership interest.

In
addition, we will have in place policies and procedures designed to minimize potential conflicts of interest arising from any dealings
the Company may have with its affiliates and to provide appropriate procedures for the disclosure of any real or potential conflicts
of interest that may exist from time to time. Specifically, pursuant to the Audit Committee charter, the Audit Committee will have the
responsibility to review related party transactions.

Related
Party Transactions

On
February 29, 2024, Forever 8 and Mainspring, LLC, an entity controlled by the Company’s Former
Chief Executive Officer, entered into the Series B Loan and Security Agreement whereby Mainspring advanced Forever 8 $50,000. Forever 8 issued Mainspring, LLC a Promissory Note in the amount of $50,000 on this same date.

On
February 26, 2024, Mainspring, LLC, purchased 60,976 shares
of common stock though the Company’s February 2024 private placement.

On February 14, 2024, Forever 8 and Brett Vroman,
the Company’s Chief Financial Officer, entered into the Series B Loan and Security Agreement whereby Mr. Vroman advanced Forever 8
$100,000. Forever 8 issued Mr. Vroman a Promissory Note in the amount of $100,000 on this same date.

On August 29, 2023, Forever 8 and Frank Jennings,
a Company director, entered into the Series A Loan and Security Agreement whereby Mr. Jennings advanced Forever 8 $100,000. Forever 8
issued Mr. Jennings a Promissory Note in the amount of $100,000 on this same date.

On August 17, 2023, Forever