---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-000761"
form_type: "8-K"
ticker: "ORBS"
cik: "0001892492"
company_name: "Eightco Holdings Inc."
filed_at: "2023-01-06T23:59:59+00:00"
generated_at: "2026-06-20T19:01:48.876497+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Cryptyde amends convertible note and warrants; conversion price set to $0.20, warrant exercise price to $0.001

## Summary
- Conversion price of remaining note voluntarily adjusted to $0.20 per share.
- Warrant exercise price adjusted to $0.001; warrant shares increased to 166,666,650 but waived above 111,000,000.
- Holder agrees not to exercise over 75M warrants until March 2, 2023, unless VWAP falls below $0.22.
- Company granted optional redemption right on note subject to no Equity Conditions Failure and sufficient resources.
- Company must hold stockholder meeting by April 1, 2023 to increase authorized shares from 250M to 500M.

## SEC filing metadata
- accession: 0001493152-23-000761
- form_type: 8-K
- ticker: ORBS
- cik: 0001892492
- company_name: Eightco Holdings Inc.
- filed_at: 2023-01-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1892492/000149315223000761/0001493152-23-000761-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1892492/000149315223000761/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-000761
- JSON: https://secwatch.observer/filing/0001493152-23-000761.json
- Plain text: https://secwatch.observer/filing/0001493152-23-000761.txt

## Key facts
- Debt Financings
  Eightco Holdings Inc. amended senior notes with an accredited investor.
  - Instrument: senior notes
  - Counterparty: an accredited investor
  - Event: amendment
  source text: On January 6, 2023, Cryptyde, Inc. (the “Company”) entered into a Second Amendment Agreement (the “Amendment Agreement”) with an accredited investor (the “Investor”) to amend (i) that certain Securities Purchase Agreement dated as of January 26, 2022, as previously amended on July 28, 2022, by and between the Company and the Investor (the “SPA”), (ii) that certain Senior Secured Convertible Note, as previously amended on July 28, 2022 (the “Note”), issued pursuant to the SPA
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892492/000149315223000761/0001493152-23-000761-index.htm
- Material Agreements
  Eightco Holdings Inc. amended Second Amendment Agreement with an accredited investor (the "Investor") (effective 2023-01-06).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: an accredited investor (the "Investor")
  - Effective: 2023-01-06
  source text: On January 6, 2023, Cryptyde, Inc. (the “Company”) entered into a Second Amendment Agreement (the “Amendment Agreement”) with an accredited investor (the “Investor”) to amend (i) that certain Securities Purchase Agreement dated as of January 26, 2022, as previously amended on July 28, 2022, by and between the Company and the Investor (the “SPA”), (ii) that certain Senior Secured Convertible Note, as previously amended on July 28, 2022 (the “Note”), issued pursuant to the SPA, (iii) that certain Registration Rights Agreement dated as of January 26, 2022, as previously amended on July 28, 2022, by and between the Company and the Investor (the “RRA”), and (iv) those certain warrants to purchase shares of the Company’s common stock (“Common Stock”) issued to the Investor pursuant to the SPA, as previously amended on July 28, 2022 (the “Warrants”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892492/000149315223000761/0001493152-23-000761-index.htm
- Material Agreements
  Eightco Holdings Inc. entered into Waiver Agreement with BHP Capital NY, Inc. ("BHP") (effective 2023-01-06).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: BHP Capital NY, Inc. ("BHP")
  - Effective: 2023-01-06
  source text: mendment Agreement requires the Company to enter into a waiver agreement (the “Waiver Agreement”) with BHP Capital NY, Inc. (“BHP”). Pursuant to the Amendment Agreement, the Waiver Agreement must limit (i) limit the number of shares of Common Stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892492/000149315223000761/0001493152-23-000761-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.