Company: ORBS
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004802
Chunk: 14

Company: Eightco Holdings Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 14
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 more competitive. Any substantial shift in demand from wood and paper
products to competing technologies or materials could result in a material decrease in sales of our products and could adversely affect
our results of operations, cash flows, and financial position. We cannot ensure that any efforts we might undertake to adapt our product
offerings to such changes would be successful or sufficient.

14

Because
we service customers in a variety of industries, we may be particularly impacted by general economic downturns.

Our
Corrugated Packaging Business provides packaging for third-party customers in a variety of industries, including pharmaceutical and
e-commerce companies. Certain of our Corrugated Packaging Business customers provide goods that are discretionary items for
consumers. Therefore, their business, and in turn our Corrugated Packaging Business, depends on the strength of the retail,
commercial, and industrial sectors of the economy in various parts of the world, and trends therein. During a downturn in the
economy, consumer purchases of discretionary items are affected, which could materially lower our customers’ demand for our
packaging products, and negatively affect our profitability and financial condition.

We
incur significant expenses to maintain our manufacturing equipment and any interruption in the operations of our facilities may harm
our operating performance.

We
regularly incur significant expenses to maintain our manufacturing equipment and facilities. The machines and equipment that we use to
produce our products are complex, interdependent, and have many parts. We must perform routine maintenance on our equipment and will
have to periodically replace a variety of parts.

Disruptions
to our Corrugated Packaging Business could occur due to any number of circumstances, including prolonged power outages, mechanical
or process failures, shortages of raw materials, natural catastrophes, disruptions in the availability of transportation, labor
disputes, terrorism, changes in or non-compliance with environmental or safety laws, and the lack of availability of services from
any of our facilities’ key suppliers. Any facility shutdowns may be followed by prolonged startup periods, regardless of the
reason for the shutdown. Any prolonged disruption in operations at any of our facilities could cause significant lost production,
which would have a material adverse effect on our results of operations.

We
rely on a limited number of third-party suppliers for certain raw materials required for the production of our products.

Our
dependence on a limited number of third-party suppliers, and the challenges we may face in obtaining adequate supplies of raw materials,
involve several risks, including limited control over pricing, availability, quality and delivery