Company: ORBS
Filing Date: 2025-09-11
Form Type: S-3ASR
Source: 0001493152-25-013022
Chunk: 59

Company: Eightco Holdings Inc.
Filing Date: 2025-09-11
Form: S-3ASR
Chunk 59
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arrants”) with such Placement Agent Warrants having an exercise price of $1.752 per share. On the Closing Date, the Company issued to the Placement Agent and representatives of the Placement Agent, Placement Agent Warrants which may be exercised for the purchase of up to 3,855,821 shares of Common Stock, with an exercise price per share equal to $1.752. The Placement Agent Warrants are exercisable for cash or pursuant to a cashless exercise, in whole or in part, at any time and from time to time, for a period of five years from the date of issuance.

| S-8 |

Seller Note Termination Agreement

The offer and sale to the Purchasers of the Securities,
the issuance of shares of Common Stock pursuant to the Seller Note Termination Agreement, and the issuance of the Placement Agent Warrants
and Strategic Advisor Warrants are made in reliance upon Section 4(a)(2) under the Securities Act), or upon such other exemption or exclusion
from the registration requirements of the Securities Act as may be available with respect to any or all of the transactions with the
Purchasers to be made under the Purchase Agreement.

Expansion of Board of Directors and Appointment of New Chairman

In connection with the PIPE Offering, on September 8, 2025, the Board of Directors approved, elected Daniel Ives, as Chairman of the Board. The Board believes that Mr. Ives is qualified to serve as a director and Chairman of the Board due to his extensive experience as an equity research analyst on Wall Street. With the consummation of the PIPE Offering on September 8, 2025, Mr. Ive’s appointment was confirmed by the Board of Directors.

Worldcoin and the Worldcoin Ecosystem

Worldcoin is a decentralized, open-source digital identity and cryptocurrency platform designed to establish a universal, privacy-preserving proof of personhood and to serve as a foundational layer for digital trust in the age of artificial intelligence. WLD is the native cryptocurrency of the Worldcoin network and is used to incentivize participation, facilitate transactions, and support the network’s operations. Launched with the mission to create a global network of verified humans, Worldcoin leverages proprietary biometric technology, most notably the Orb, a device that verifies unique human identity through iris scanning, to enable secure, privacy-centric digital identity verification.

Worldcoin is rapidly emerging as a leading platform for digital identity and authentication, aiming to address the growing challenges of distinguishing humans from bots and artificial intelligence agents online. As of 2025