secwatch.observer — SEC 8-K summary
======================================

Issuer:     Eightco Holdings Inc. (ORBS)
CIK:        0001892492
Form:       8-K
Filed at:   2023-01-06T23:59:59+00:00
Accession:  0001493152-23-000761
Event type: debt
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1892492/000149315223000761/0001493152-23-000761-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1892492/000149315223000761/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-000761

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer