Company: ORBS
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004802
Chunk: 841

Company: Eightco Holdings Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 4
Chunk 841
---
     -  
     2,409,913 
  
    Total segment and consolidated capital expenditures  
    $70,098  
    $57,300,394 

    Segment total assets:  

    Inventory Management Solutions  
    $46,533,449  
    $50,023,910 
  
    Corrugated Packaging (Discontinued
    Operations)  
     1,798,239 
     2,967,629 
  
    Corporate  
     2,516,667  
     2,419,904 
  
    Total segment and consolidated assets  
    $50,848,355 
    $55,411,443 

22.
SUBSEQUENT EVENTS

Issuance
of Common Stock

On
January 21, 2025, the Company issued 485,381
shares of common stock fair valued at $825,148
to satisfy a portion of accrued interest owed to convertible note holders.

On March 25, 2025, Forever 8 Fund, LLC, a wholly-owned subsidiary of
the Company, entered into Amendment No. 1 to the Loan and Security Agreement originally dated May 25, 2023, with certain Series C lenders.
The amendment modified the maturity terms for the outstanding note and related advances as follows:

    ●
    The
    maturity date remains February 28, 2025, for the Initial Loan Advance and all subsequent draws.

    ●
    The
    Lenders have the unilateral right to extend the maturity date to June 30, 2025, by providing written notice to the Borrower on or
    before January 10, 2025.

    ●
    If
    the maturity is extended to June 30, 2025, the Borrower then has the right to further extend the maturity date to September 30, 2025,
    by providing written notice to the Lenders on or before September 15, 2025.

On April 7, 2025, the
Company completed the sale of the Packaging Business to Reichard Corrugated Products LLC and its principals pursuant to the Asset Purchase
Agreement dated November 22, 2024. The total consideration includes:

●$557,835
                                            in cash paid at closing,

●$2,500,000
                                            million senior secured promissory note issued by the buyer,

●and potential earnout
                         payments of up to $