Eightco Holdings Inc. Signs Material Definitive Agreement
Ticker: ORBS · Form: 8-K · Filed: 2024-06-21T00:00:00.000Z
Sentiment: neutral
Topics: material-agreement, corporate-action
TL;DR
Eightco (fka Cryptyde) signed a big deal on 6/14. Details TBD.
AI Summary
Eightco Holdings Inc. (formerly Cryptyde, Inc.) entered into a material definitive agreement on June 14, 2024. The filing does not disclose specific details of the agreement or any associated dollar amounts. The company is incorporated in Delaware and its principal executive offices are located in Easton, PA.
Why It Matters
This filing indicates a significant new development for Eightco Holdings Inc., potentially impacting its business operations and future strategy.
Risk Assessment
Risk Level: medium — The lack of specific details regarding the material definitive agreement introduces uncertainty about the nature and potential impact of the transaction.
Key Players & Entities
- Eightco Holdings Inc. (company) — Registrant
- Cryptyde, Inc. (company) — Former name of Registrant
- June 14, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- Easton, PA (location) — Address of principal executive offices
FAQ
What is the nature of the material definitive agreement entered into by Eightco Holdings Inc.?
The filing does not specify the details of the material definitive agreement.
When was the material definitive agreement entered into?
The material definitive agreement was entered into on June 14, 2024.
What was Eightco Holdings Inc. formerly known as?
Eightco Holdings Inc. was formerly known as Cryptyde, Inc.
In which state is Eightco Holdings Inc. incorporated?
Eightco Holdings Inc. is incorporated in Delaware.
What is the principal executive office address for Eightco Holdings Inc.?
The principal executive office address is 101 Larry Holmes Drive, Suite 313, Easton, PA 18042.
Filing Stats: 1,191 words · 5 min read · ~4 pages · Grade level 12.1 · Accepted 2024-06-21 08:00:33
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value OCTO The Nasdaq Stock Mar
- $12.9 million — ' equity has increased by approximately $12.9 million. Debt Forgiveness Agreement On June
- $5.4 million — d by the MIPA in an aggregate amount of $5.4 million. The Note Amendment is attached heret
- $120,000 b — he Landlord agreed to accept payment of $120,000 by December 31, 2025 and in return agreed
- $930,000 — e right it had to receive an additional $930,000 of owed rent. The Lease Agreement is
- $6,977,193 — mpany's currently liability to Vinco is $6,977,193 representing amounts paid by Vinco for
- $15,000 — 2024, the Company will deliver to Vinco $15,000, or an aggregate of $45,000; On the f
- $45,000 — er to Vinco $15,000, or an aggregate of $45,000; On the first of each month starting
- $25,000 — 2024, the Company will deliver to Vinco $25,000, or an aggregate of $75,000; and On t
- $75,000 — er to Vinco $25,000, or an aggregate of $75,000; and On the first of each month start
- $30,000 — 2025, the Company will deliver to Vinco $30,000, or an aggregate of $360,000; provided
- $360,000 — er to Vinco $30,000, or an aggregate of $360,000; provided that, in the Company's sole d
Filing Documents
- form8-k.htm (8-K) — 57KB
- ex10-1.htm (EX-10.1) — 6KB
- ex10-2.htm (EX-10.2) — 10KB
- ex10-3.htm (EX-10.3) — 11KB
- ex10-4.htm (EX-10.4) — 17KB
- 0001493152-24-024627.txt ( ) — 282KB
- octo-20240614.xsd (EX-101.SCH) — 3KB
- octo-20240614_lab.xml (EX-101.LAB) — 33KB
- octo-20240614_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: June 21, 2024 Eightco Holdings Inc. By: /s/ Paul Vassilakos Name: Paul Vassilakos Title: Chief Executive Officer