Company: ORBS
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004802
Chunk: 149

Company: Eightco Holdings Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 149
---
 We will need to
make significant investments to develop and operate the Company and expect to incur significant expenses in connection with
operating components, including costs for developing technology, talent fees, marketing, and salaries. We expect to incur
significant capital, operational and marketing expenses for a few years in connection with our strategy and growth plan. Any failure
to achieve or sustain profitability may have a material adverse impact on the value of the shares of our common stock.

The
Company has limited financial resources. 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