--- schema_version: "secwatch.filing_event.v1" accession: "0001493152-23-007966" form_type: "8-K" ticker: "ORBS" cik: "0001892492" company_name: "Eightco Holdings Inc." filed_at: "2023-03-16T23:59:59+00:00" generated_at: "2026-06-18T01:07:59.635094+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.6 calibrated_materiality_score: 0.6 confidence: "high" source: SEC EDGAR --- # Cryptyde stockholders approve doubling authorized shares to 500M and reverse stock split up to 1:50 ## Summary - Special meeting on March 15, 2023: authorized common shares increased from 250M to 500M. - Reverse stock split authorized at board's discretion; ratio range 1:2 to 1:50. - Share increase vote: 13.66B for, 11.38B against, 160M abstain. - Reverse split vote: 15.16B for, 9.77B against, 274M abstain. - Certificate of Amendment filed March 16, 2023; board immediately effected share increase. ## SEC filing metadata - accession: 0001493152-23-007966 - form_type: 8-K - ticker: ORBS - cik: 0001892492 - company_name: Eightco Holdings Inc. - filed_at: 2023-03-16T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.6 - calibrated_materiality_score: 0.6 - confidence: high - sec_items: 3.03, 5.03, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1892492/000149315223007966/0001493152-23-007966-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1892492/000149315223007966/form8-k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001493152-23-007966 - JSON: https://secwatch.observer/filing/0001493152-23-007966.json - Plain text: https://secwatch.observer/filing/0001493152-23-007966.txt ## Key facts - Governance Changes Eightco Holdings Inc.: Increased authorized shares of common stock from 250,000,000 to 500,000,000 and correspondingly increased total authorized capital stock (effective 2023-03-16). - Change: charter amendment - Effective: 2023-03-16 source text: filed a Certificate of Amendment (the “Certificate of Amendment”) to the Company’s Certificate of Incorporation (the “Certificate of Incorporation”) with the Secretary of State of Delaware to increase the number of authorized shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”) from 250,000,000 to 500,000,000 and to make a corresponding change to the number of authorized shares of capital stock, effective as of 4:05 p.m. (New York time) on March 16, 2023 (the “Increase of Authorized Shares”) evidence_url: https://www.sec.gov/Archives/edgar/data/1892492/000149315223007966/0001493152-23-007966-index.htm - Shareholder Votes Eightco Holdings Inc. shareholders approved approve an amendment to the Certificate of Incorporation to authorize the Board, at the Board's discretion, to increase the number of authorized shares of the Company's Common Stock from 250,000,000 to 500,000,000 and to make a corresponding change to the number of authorized shares of capital stock at the 2023-03-15 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-03-15 source text: 1. Proposal to approve an amendment to the Certificate of Incorporation to authorize the Board, at the Board's discretion, to increase the number of authorized shares of the Company's Common Stock from 250,000,000 to 500,000,000 and to make a corresponding change to the number of authorized shares of capital stock (the "Share Increase Proposal"): For Against Abstain 13,658,410,368 11,384,760,387 160,121,359 evidence_url: https://www.sec.gov/Archives/edgar/data/1892492/000149315223007966/0001493152-23-007966-index.htm - Shareholder Votes Eightco Holdings Inc. shareholders approved to adjourn the Special Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of the Share Increase Proposal or the Reverse Stock Split Proposa at the 2023-03-15 meeting. - Proposal: reverse split - Outcome: passed - Meeting: 2023-03-15 source text: 3. Proposal to adjourn the Special Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of the Share Increase Proposal or the Reverse Stock Split Proposal: For Against Abstain 13,799,069,540 11,012,882,227 391,340,347 evidence_url: https://www.sec.gov/Archives/edgar/data/1892492/000149315223007966/0001493152-23-007966-index.htm - Shareholder Votes Eightco Holdings Inc. shareholders approved approve an amendment to the Certificate of Incorporation to effect, at the discretion of the Board but prior to the one-year anniversary of the date on which the reverse stock split is approved by the Company's stockholders, a reverse stock split of all of the outstanding shares of Common Stock at a at the 2023-03-15 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-03-15 source text: 2. Proposal to approve an amendment to the Certificate of Incorporation to effect, at the discretion of the Board but prior to the one-year anniversary of the date on which the reverse stock split is approved by the Company's stockholders, a reverse stock split of all of the outstanding shares of Common Stock at a ratio in the range of 1-for-2 to 1-for-50, with such ratio to be determined by the Board in its discretion and included in a public announcement (the "Reverse Stock Split Proposal"): For Against Abstain 15,158,213,939 9,771,377,350 273,700,825 evidence_url: https://www.sec.gov/Archives/edgar/data/1892492/000149315223007966/0001493152-23-007966-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.