Company: ORBS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023549
Chunk: 231

Company: Eightco Holdings Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 1A
Chunk 231
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assets generally will not be reversible, and we may not be capable of seeking compensation for any such transfer or theft.

Although
we plan to regularly transfer digital assets to or from vendors, consultants and services providers, it is possible that, through computer
or human error, or through theft or criminal action, such assets could be transferred in incorrect amounts or to unauthorized third parties.

To
the extent we are unable to seek a corrective transaction to identify the third party which has received our digital assets through error
or theft, we will be unable to revert or otherwise recover the impacted digital assets, and any such loss could adversely affect our
business, results of operations and financial condition.

43

We
are subject to significant competition in the growing digital asset industry and the Company’s business, operating results, and
financial condition may be adversely affected if the Company is unable to compete effectively.

Following
the launch of the Company’s digital asset treasury strategy, the Company operates in a competitive environment and will compete
against other companies and other entities with similar strategies, including companies that may have significant holdings in WLD and
other digital assets, and the Company’s business, operating results, and financial condition may be adversely affected if the Company
is unable to compete effectively.

Our
dependence on a strategic advisor exposes us to significant risks regarding the operation of our business.

We
rely on Worldcoin Tower Instance LLC to provide guidance on our treasury management with respect to operational, strategic, capital deployment,
and other advice, including the overall business, operations, strategic planning, growth initiatives, and industry trends in the digital
asset and technology sectors. Our dependence on this advisor exposes us to significant risks regarding the operation of our business.
If the advisor engages in fraudulent, negligent, or otherwise improper conduct, including regulatory violations, or suffers reputational
harm from unrelated activities, our business and the market perception of the Company could be materially and adversely affected. Further,
the advisor’s own operational, financial, and technological competencies will directly reflect on the operation of our business.
There may be key employees or key service providers that have a significant impact on our business that the advisor no longer employs
or has a relationship with, which could have a material and adverse impact on the operation of our business. Because certain decisions
may be influenced by this advisor’s recommendations, its misjudgments or conflicts of interest could lead to losses, strategic
errors, delays and loss of investment opportunities that may negatively impact our operations, token economics, and growth. We may have