secwatch.observer — SEC 8-K summary
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Issuer:     Eightco Holdings Inc. (ORBS)
CIK:        0001892492
Form:       8-K
Filed at:   2023-01-20T23:59:59+00:00
Accession:  0001493152-23-002053
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cryptyde declares Series A Preferred Stock dividend with voting rights on reverse split and share increase
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- Dividend of 1/1,000th of a share of Series A Preferred Stock per common share; record date Jan 27, 2023, payable Jan 30, 2023.
- Each Series A share has 1,000,000 votes (1,000 per 1/1,000th share), voting only on reverse stock split, share increase to 500M, and adjournment.
- Preferred shares cannot be transferred except together with common stock; uncertificated book-entry form.
- Shares not present at the meeting automatically redeemed; remaining redeemed upon stockholder approval of proposals, with limited cash consideration.
- Liquidation preference of $0.001 per share, senior to common; no dividend rights or conversion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1892492/000149315223002053/0001493152-23-002053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1892492/000149315223002053/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-002053

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