Company: ORBS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023549
Chunk: 49

Company: Eightco Holdings Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 49
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UM up to $1 billion,

●0.5% of AUM between $1–5 billion,

●0.25% of AUM above $5 billion,

●Milestone payments based on treasury AUM exceeding $2 billion and $20 billion,

●A $150,000 setup fee.

The agreement has a five-year initial term with
automatic five-year renewal. No equity awards were issued under this agreement. Consulting expense for the three and none months ended September 30, 2025 were $-.

Master Loan Agreement. On September 7,
2025, ORB Subsidiary One LLC, a wholly-owned subsidiary of the Company, entered into a Master Loan Agreement providing up to $200 million
in short-term financing to facilitate initial WLD purchases for the Company’s digital asset treasury strategy. The loan bears interest
at 8% per annum. The Company borrowed approximately $25 million and subsequently repaid the full amount and closed the facility. No equity
securities were issued under this agreement.

    27

EIGHTCO
HOLDINGS INC.

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

22.
SEGMENTING REPORTING

The
Company follows ASC 280, Segment Reporting, and determines its reportable segments based on the internal financial information reviewed
by the Chief Executive Officer, who serves as the Company’s Chief Operating Decision Maker (“CODM”). The CODM evaluates
the business on a consolidated basis for purposes of assessing performance, making operating decisions, allocating resources, and planning
for future periods.

Historically,
the Company operated two reportable segments: (i) Forever 8, its Inventory Management Solutions business, and (ii) the Corrugated Packaging
Business. On April 7, 2025, the Company completed the sale of the assets comprising the Corrugated Packaging Business. Following the
divestiture, the Company operates as one business segment, consistent with how the CODM evaluates financial performance and manages resources.

On
September 8, 2025, the Company initiated digital asset treasury management activities (“DAT Strategy”) as part of its broader
corporate strategy to diversify its cash and liquidity management. These digital asset activities do not constitute a separate operating
segment under ASC 280 because:

●They
                                            are not managed as a distinct business unit.

●No
                                            discrete financial information is prepared or reviewed by the CODM for purposes of performance
                                            assessment.

●The