Company: ORBS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023549
Chunk: 160

Company: Eightco Holdings Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 3
Chunk 160
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 could materially impact the price of WLD or the ability of individuals or institutions
such as us to own or transfer WLD and utilize blockchain-based applications on networks such as Worldcoin. For example, the U.S. executive
branch, the SEC, the European Union’s Markets in Crypto Assets Regulation, among others, have been active in recent years, and
in the United Kingdom, the Financial Services and Markets Act 2023, or FSMA 2023, became law. It is not possible to predict whether,
or when, any of these developments will lead to Congress granting additional authorities to the SEC, Commodity Futures Trading Commission
(“CFTC”), or other regulators, or whether, or when, any other federal, state or foreign legislative bodies will take any
similar actions. It is also not possible to predict the nature of any such additional authorities, how additional legislation or regulatory
oversight might impact the ability of digital asset markets to function or the willingness of financial and other institutions to continue
to provide services to the digital assets industry, nor how any new regulations or changes to existing regulations might impact the value
of digital assets generally and WLD specifically. The consequences of increased regulation of digital assets and digital asset activities
could adversely affect the market price of WLD and in turn adversely affect the market price of our common stock.

49

Moreover,
the risks of engaging in a digital asset treasury strategy are relatively novel and have created, and could continue to create, complications
due to the lack of experience that third parties have with companies engaging in such a strategy, such as increased costs of director
and officer liability insurance or the potential inability to obtain such coverage on acceptable terms in the future.

The
growth of the digital assets industry in general, and the use and acceptance of WLD in particular, may also impact the price of WLD and
is subject to a high degree of uncertainty. The pace of worldwide growth in the adoption and use of the Worldcoin network and WLD may
depend, for instance, on public familiarity with digital assets, ease of buying, accessing or gaining exposure to WLD, institutional
demand for WLD as an investment asset, the participation of traditional financial institutions in the digital assets industry, consumer
demand for WLD as a means of payment, and the availability and popularity of alternatives to WLD. Even if growth in WLD adoption occurs
in the near or medium-term, there is no assurance that WLD and Worldcoin network usage will continue to grow over the