Company: ORBS
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004802
Chunk: 235

Company: Eightco Holdings Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 235
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 $48,050 to satisfy a portion of the outstanding severance
due to the former employee.

On
March 6, 2024, the Company issued 25,779 shares of common stock fair valued at $105,693 to satisfy outstanding fees for services
performed due to the consultant.

On
March 19, 2024, the Company issued 60,000 shares
of common stock fair valued at the time it was granted of $171,000 to
a consultant for services performed related to investor relations. The Company recorded the fair value as prepaid expenses on
balance sheet and will amortize the expense ratably over 6 months. The Company recorded stock-based compensation expense for the
year ended December 31, 2024 of $171,000.

On
March 27, 2024, the Company issued 279,999 shares of common stock fair valued at $1,147,995 to satisfy a portion of the convertible notes
payable due to the sellers of Forever 8.

On
March 27, 2024, the Company issued 60,000 shares of common stock fair valued at the time it was granted of $216,000 to a consultant for
services performed related to Forever 8. The Company recorded the fair value as prepaid expenses on balance sheet and will amortize the
expense ratably over 12 months. The Company recorded stock-based compensation expense for the year ended December 31, 2024 $108,000, respectively.

On
March 27, 2024, the Company issued 51,220 shares of common stock fair valued at $216,000 to the independent board of directors to satisfy
deferred amounts due for services performed.

    F-25

EIGHTCO
HOLDINGS INC.

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

For
the Years ended December 31, 2024 and 2023

19.
STOCKHOLDERS’ EQUITY (continued)

On
March 27, 2024, the Company issued 173,171 shares of common stock fair valued at $710,000 to investors related to proceeds received in
a private investment in a public entity.

On
March 27, 2024, the Company issued 50,434 shares of common stock fair valued at $206,799 to satisfy the cash settlement warrants assumed
in the Forever 8 acquisition.

On
March 27, 2024, the Company