---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-022621"
form_type: "8-K"
ticker: "ORBS"
cik: "0001892492"
company_name: "Eightco Holdings Inc."
filed_at: "2023-06-27T23:59:59+00:00"
generated_at: "2026-06-13T16:34:37.096098+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CEO Brian McFadden advances $100K to Eightco subsidiary under existing loan facility

## Summary
- CEO Brian McFadden advanced $100,000 to Eightco subsidiary Forever 8 Fund, LLC on June 21, 2023.
- The advance is under the same Loan and Security Agreement terms as the existing $500,000 facility.
- A promissory note was issued to McFadden for the $100,000.
- Loan matures June 30, 2024 (option to extend to Sept 30, 2024); interest rate 15% per annum.

## SEC filing metadata
- accession: 0001493152-23-022621
- form_type: 8-K
- ticker: ORBS
- cik: 0001892492
- company_name: Eightco Holdings Inc.
- filed_at: 2023-06-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1892492/000149315223022621/0001493152-23-022621-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1892492/000149315223022621/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-022621
- JSON: https://secwatch.observer/filing/0001493152-23-022621.json
- Plain text: https://secwatch.observer/filing/0001493152-23-022621.txt

## Key facts
- Debt Financings
  Eightco Holdings Inc. incurred loan of $100,000 with Brian McFadden.
  - Instrument: loan
  - Principal: $100,000
  - Counterparty: Brian McFadden
  - Event: incurrence
  source text: On June 21, 2023, the Company’s Chief Executive Officer, Brian McFadden, entered into the Agreement and advanced the Borrower $100,000 under the same terms. The Borrower issued Mr. McFadden a Promissory Note in the amount of $100,000 on this same date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892492/000149315223022621/0001493152-23-022621-index.htm
- Material Agreements
  Eightco Holdings Inc. entered into Loan and Security Agreement with Brian McFadden valued at $100,000 (effective 2023-06-21).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Brian McFadden
  - Value: $100,000
  - Effective: 2023-06-21
  source text: On June 21, 2023, the Company's Chief Executive Officer, Brian McFadden, entered into the Agreement and advanced the Borrower $100,000 under the same terms.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892492/000149315223022621/0001493152-23-022621-index.htm

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