Company: ORBS
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004802
Chunk: 160

Company: Eightco Holdings Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 160
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 depth, liquidity and orderliness depends
upon the existence of willing buyers and sellers at any given time, such existence being dependent upon the individual decisions of buyers
and sellers over which neither we nor any market maker has control. The failure of an active and liquid trading market to develop and
continue would likely have a material adverse effect on the value of our common stock, and you may not be able to sell your shares of
our common stock.

We
may issue shares of preferred stock in the future, which could make it difficult for another company to acquire us or could otherwise
adversely affect holders of our common stock, which could depress the price of our common stock.

Our
Certificate of Incorporation authorizes us to issue one or more series of preferred stock. Our board of directors has the authority to
determine the preferences, limitations and relative rights of the shares of preferred stock and to fix the number of shares constituting
any series and the designation of such series, without any further vote or action by our stockholders. Our preferred stock could be issued
with voting, liquidation, dividend and other rights superior to the rights of our common stock. The potential issuance of preferred stock
may delay or prevent a change in control of us, discouraging bids for our common stock at a premium to the market price, and materially
adversely affect the market price and the voting and other rights of the holders of our common stock.

On
January 19, 2023, the Company filed a Certificate of Designation with the Delaware Secretary of
State for its Series A Preferred Stock. The number of shares designated is three hundred thousand (300,000).

The
trading price of our securities will likely be, and continue to be, volatile and you could lose all or part of your investment.

The
trading price of our securities could be volatile and subject to wide fluctuations in response to various factors, some of which are
beyond our control, including but not limited to our general business condition, the release of our financial reports and general economic
conditions and forecasts. Broad market and industry factors may materially harm the market price of our securities irrespective of our
operating performance. The stock market in general, and Nasdaq, have experienced price and volume fluctuations that have often been unrelated
or disproportionate to the operating performance of the particular companies affected. The trading prices and valuations of these stocks,
and of our securities, may not be predictable. A loss of investor confidence in the market for the stocks of