Company: ORBS
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004802
Chunk: 8

Company: Eightco Holdings Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 8
---
. Our auditors have expressed in the report of independent registered public accounting firm that
there is substantial doubt about our ability to continue as a going concern.

The
report of our independent registered accounting firm expresses substantial doubt about our ability to continue as a going concern based
on the absence of our significant losses from operations and our need for additional financing to fund all of our operations. It is not
possible at this time for us to predict with assurance the potential success of our business. The revenue and income potential of our
proposed business and operations are unknown. If we cannot continue as a viable entity, we may be unable to continue our operations and
you may lose some or all of your investment in our common stock.

Loss
of any or all of our key management personnel may present challenges.

We
aim to recruit the most qualified candidates and strive for a diverse and well-balanced workforce. While we expect to reward and support
employees through competitive pay, benefits, and perquisite programs that allow employees to thrive, due to our size we may not be able
to provide compensation equal to our more established competitors and may not be able to attract qualified management personnel. If we
are unable to retain the key management personnel at our Company, the underlying business could suffer.

We
could be adversely affected by declines in discretionary consumer spending, consumer confidence and general and regional economic conditions.

Our
success depends to a significant extent on discretionary consumer spending, which is heavily influenced by general economic conditions
and the availability of discretionary income. We believe the markets that all of the Eightco businesses depend on are heavily reliant
on discretionary consumer spending. The current economic environment, coupled with high volatility and uncertainty as to the future global
economic landscape, may have an adverse effect on consumers’ discretionary income and consumer confidence. Future volatile, negative,
or uncertain economic conditions and recessionary periods or periods of significant inflation may adversely impact consumer spending
on our products and services, which would materially adversely affect our business, financial condition and results of operations. Such
effects can be especially pronounced during periods of economic contraction or slow economic growth.

We
operate in highly competitive industries and our revenues, profits or market share could be harmed if we are unable to compete effectively.

Each
of the Eightco businesses will face competition from existing competitors. Our competitors in the Inventory Management Solutions
business include Clearco and Payoneer. With respect to the Corrugated Packaging Business, our competitors include Sutherland
Packaging, Acme Corrugated Box Company, and Trent