Company: ORBS
Filing Date: 2025-09-10
Form Type: 8-K
Source: 0001493152-25-013003
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Company: Eightco Holdings Inc.
Filing Date: 2025-09-10
Form: 8-K
Item: Item 3.02
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Item
3.02 Unregistered Sales of Equity Securities.

Information
regarding unregistered sales of securities set forth under Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.

Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.

In
connection with entering into the Purchase Agreement, on September 8, 2025, Paul Vassilakos resigned as an officer and director of the
Company. Mr. Vassilakos’ resignation was not the result of any disagreement with the Company on any matter relating to the Company’s
operations, policies, or practices. On the same date, Daniel “ Dan” Ives was appointed to serve as the Company’s Chairman
of the Company’s Board of Directors (the “ Board”).

Daniel
Ives (Chairman)

Daniel
Ives, age 61, is a seasoned financial executive and technology sector specialist with over two decades of experience as an equity research
analyst on Wall Street. Mr. Ives currently serves as Managing Director and Senior Equity Research Analyst at Wedbush Securities, where
he has led the firm’s technology research efforts since 2018 and holds the position of Global Head of Technology Research. Throughout
his career, Mr. Ives has developed deep expertise in the enterprise software and hardware sectors, including cybersecurity, cloud computing,
big data, mobile technologies, and, more recently, electric vehicles and other disruptive technologies. Prior to joining Wedbush, Mr.
Ives spent 16 years as a Managing Director at FBR Capital Markets, where he focused on technology research and analysis. He began his
professional career as a financial analyst at HBO before earning his MBA in Finance. Mr. Ives is recognized for his comprehensive understanding
of the technology industry and its evolving landscape, providing strategic insights to institutional investors and corporate clients.
He holds a Bachelor of Science in Finance from Penn State University and a Master of Business Administration from the University of Maryland.

In
connection with his appointment and service as Chairman of the Board, Mr. Ives will be entitled to receive (i) an annual cash fee of
$100,000, (ii) up to $200,000 in aggregate value per year in the form of shares of the Company’s common stock or restricted stock units
(subject to vesting), and (iii) an inducement grant award comprised of (A) 4