Company: ORBS
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004802
Chunk: 12

Company: Eightco Holdings Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 12
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 resources that might not be available on terms that are favorable to us, or
at all.

We
currently obtain a portion of the capital required for the development and operations of the Company from various forms of public and
private financing. We may require additional capital and/or cash flow from future operations to fund the Company, our debt service obligations
and our ongoing business. There is no assurance that we will be able to raise sufficient additional capital or generate sufficient future
cash flow from our future operations to fund our ongoing business. If the amount of capital we are able to raise, together with any income
from future operations, is not sufficient to satisfy our liquidity and capital needs, including funding our current debt obligations,
we may be required to abandon or alter our plans for the Company. The Company may also have to raise additional capital through the equity
market, which could result in substantial dilution to existing stockholders.

Our
ability to obtain necessary financing may be impaired by factors such as the health of and access to capital markets, our limited track
record and the limited historical financial information available, or the substantial doubt about our ability to continue as a going
concern. Any additional capital raised through the sale of additional shares of our capital stock, convertible debt or other equity may
dilute the ownership percentage of our stockholders.

13

Risks
Related to Our Corrugated Packaging Business

An
increase in the cost or a reduction in the availability of wood fiber, other raw materials, energy and transportation may have an adverse
effect on our profitability and results of operations.

Wood
fiber, including old corrugated containers (“OCC”), is the principal raw material in many parts of the paper and
packaging industry, including the corrugated cardboard on which our Corrugated Packaging Business relies. Wood fiber is a commodity,
and prices historically have been cyclical and have varied on a regional basis. Environmental litigation and regulatory developments
have caused, and may cause in the future, significant reductions in the amount of timber available for commercial harvest in the
United States. In addition, future domestic or foreign legislation and litigation concerning the use of timberlands, the protection
of endangered species, the promotion of forest health and the response to and prevention of catastrophic wildfires could also affect
timber supplies. Availability of harvested timber may further be limited by fire, insect infestation, disease, ice storms,
windstorms, flooding and other causes, thereby reducing supply and increasing prices. Demand for OCC, especially from China, could