{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-029843","form_type":"8-K","ticker":"ORBS","cik":"0001892492","company_name":"Eightco Holdings Inc.","filed_at":"2023-08-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.012425+00:00","generated_at":"2026-06-11T05:48:00.032190+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Eightco Holdings subsidiary borrows $200k from director Kevin O'Donnell and Joseph Johnston","bullets":["Forever 8 Fund subsidiary borrowed $100k each from director Kevin O'Donnell and Joseph Johnston under existing Loan and Security Agreement.","Loans made on Aug 16-17, 2023; bear 15% annual interest; due June 30, 2024 (extendable to Sept 30, 2024).","Each lender received a Promissory Note for the $100k principal amount.","Aggregate facility can increase to $5M with board and Eightco board approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-029843","json":"https://secwatch.observer/filing/0001493152-23-029843.json","markdown":"https://secwatch.observer/filing/0001493152-23-029843.md","text":"https://secwatch.observer/filing/0001493152-23-029843.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1892492/000149315223029843/0001493152-23-029843-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1892492/000149315223029843/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T05:48:00.032190+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":"0cb896574c8499554298be96be9866054ae9f6d2","claim":"Eightco Holdings Inc. incurred loan of $100,000 with Kevin O’Donnell at same terms (as previously reported Agreement) maturing same terms (as previously reported Agreement).","evidence_excerpt":"On August 17, 2023, Kevin O’Donnell, a Company director, entered into the Agreement and advanced the Borrower $100,000 under the same terms.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1892492/000149315223029843/0001493152-23-029843-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$100,000"},{"label":"Counterparty","value":"Kevin O’Donnell"},{"label":"Rate","value":"same terms (as previously reported Agreement)"},{"label":"Maturity","value":"same terms (as previously reported Agreement)"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"50ceef0eb912fd535b3a4d00a1722fae30466994","claim":"Eightco Holdings Inc. incurred loan of $100,000 with Joseph Johnston at same terms (as previously reported Agreement) maturing same terms (as previously reported Agreement).","evidence_excerpt":"On August 16, 2023, Joseph Johnston entered into the Agreement and advanced the Borrower $100,000 under the same terms.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1892492/000149315223029843/0001493152-23-029843-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$100,000"},{"label":"Counterparty","value":"Joseph Johnston"},{"label":"Rate","value":"same terms (as previously reported Agreement)"},{"label":"Maturity","value":"same terms (as previously reported Agreement)"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"8fc929947ce6ef16d5af44886571de30a90fec7c","claim":"Eightco Holdings Inc. entered into Agreement with Joseph Johnston valued at $100,000 (effective 2023-08-16).","evidence_excerpt":".01 Entry into a Material Definitive Agreement As previously reported on the Company’s Current Report on Form 8-K as filed with the Securities and Exchange Commission on June 5,","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1892492/000149315223029843/0001493152-23-029843-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Joseph Johnston"},{"label":"Value","value":"$100,000"},{"label":"Effective","value":"2023-08-16"}],"fact_type":"material_agreement"},{"claim_id":"d257eb9052109fb417a69e2a8e47d7da5791b63c","claim":"Eightco Holdings Inc. entered into Agreement with Kevin O’Donnell valued at $100,000 (effective 2023-08-17).","evidence_excerpt":"On August 17, 2023, Kevin O’Donnell, a Company director, entered into the Agreement and advanced the Borrower $100,000 under the same terms.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1892492/000149315223029843/0001493152-23-029843-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Kevin O’Donnell"},{"label":"Value","value":"$100,000"},{"label":"Effective","value":"2023-08-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}