{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-007844","form_type":"8-K","ticker":"ORBS","cik":"0001892492","company_name":"Eightco Holdings Inc.","filed_at":"2023-03-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.390170+00:00","generated_at":"2026-06-18T01:07:22.272122+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Cryptyde raises $5M via senior secured convertible note and warrants; conversion price $0.1249","bullets":["Issued $5,555,000 senior secured convertible note (purchase price $5M) convertible at $0.1249/share; matures Jan 15, 2024; 18% interest on default.","Issued warrant to purchase 44,475,581 shares at $0.1249/share; 5-year term; cashless exercise option.","Placement agent receives $400,000 cash and warrant for 3,558,047 shares.","Closing requires stockholder approval to increase authorized shares and amendment to existing subordination agreement.","Note ranks senior to all other debt; covenants restrict additional debt, dividends, and share repurchases."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-007844","json":"https://secwatch.observer/filing/0001493152-23-007844.json","markdown":"https://secwatch.observer/filing/0001493152-23-007844.md","text":"https://secwatch.observer/filing/0001493152-23-007844.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1892492/000149315223007844/0001493152-23-007844-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1892492/000149315223007844/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T01:07:22.272122+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a4c16ea03f59434ff5803131746298195f998df2","claim":"Eightco Holdings Inc. incurred convertible notes of $5,555,000 with accredited investor at 18% per annum upon the occurrence of an event of default maturing January 15, 2024.","evidence_excerpt":"On March 15, 2023, Cryptyde, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with an accredited investor (the “Investor”) for the issuance and sale of a Senior Secured Convertible Note with an initial principal amount of $5,555,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1892492/000149315223007844/0001493152-23-007844-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$5,555,000"},{"label":"Counterparty","value":"accredited investor"},{"label":"Rate","value":"18% per annum upon the occurrence of an event of default"},{"label":"Maturity","value":"January 15, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"e4888fe80aa7605f4341389bc2860a4831c1ab32","claim":"Eightco Holdings Inc. entered into Securities Purchase Agreement with an accredited investor valued at $5,555,000 (effective 2023-03-15).","evidence_excerpt":"On March 15, 2023, Cryptyde, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with an accredited investor (the “Investor”) for the issuance and sale of a Senior Secured Convertible Note with an initial principal amount of $5,555,000","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1892492/000149315223007844/0001493152-23-007844-index.htm","confidence":0.98,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"an accredited investor"},{"label":"Value","value":"$5,555,000"},{"label":"Effective","value":"2023-03-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}