Company: ORBS
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004802
Chunk: 887

Company: Eightco Holdings Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 5
Chunk 887
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,” “could,” “estimates,” “expects,”
“intends,” “may,” “plans,” “potential,” “predict,” “should” or
“will” or the negative of these terms or other comparable terminology. These statements are only predictions; uncertainties
and other factors may cause our actual results, levels of activity, performance or achievements to be materially different from any future
results, levels or activity, performance or achievements expressed or implied by these forward-looking statements. Although we believe
that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity,
performance or achievements. You should not place undue reliance on forward-looking statements.

25

Overview

As
used herein, “Eightco” and the “Company” refer to Eightco Holdings Inc., a Delaware corporation originally
incorporated on September 21, 2021 (date of inception) under the laws of the State of Nevada, and its subsidiaries. On March 9,
2022, the Company converted to a Delaware corporation pursuant to a plan of conversion entered into with the Former Parent. On April
3, 2023, the Company changed its name to Eightco Holdings Inc. from Cryptyde, Inc. and its stock symbol to “OCTO.” The
Company is comprised of two main businesses, Forever 8’s Inventory Cash Flow Solution and the Corrugated Packaging Business of
Ferguson Containers. We acquired Forever 8 in October 2022 and it is focused on purchasing inventory and becoming the supplier for
e-commerce retailers. We no longer intend to generate revenue from our Web 3 Business. Our Corrugated Packaging Business
manufactures and sells custom packaging for a wide variety of products and through packaging helps customers generate brand
awareness and promote brand image.

On June 29, 2022, the Company separated from the Former Parent, Vinco
Ventures Inc. (“Vinco”). As previously announced, we concluded a spin-off from Vinco in May 2022 (the “Separation”).
Following the Separation, we are an independent, publicly traded company, and Vinco retains no ownership interest in our Company.

In connection with the Separation, we entered into a Separation and
Distribution Agreement and other agreements with Vinco to effect the Separation and provide a framework for our relationship with Vinco
after the Separation. These agreements provide for the allocation between us and our subsidiaries, on the one hand, and Vinco and its