---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-030253"
form_type: "8-K"
ticker: "ORBS"
cik: "0001892492"
company_name: "Eightco Holdings Inc."
filed_at: "2023-08-25T23:59:59+00:00"
generated_at: "2026-06-11T03:42:17.641998+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Eightco subsidiary receives $100K loan from new lender Todd Kuimjian under existing facility

## Summary
- Forever 8 Fund, LLC, wholly owned subsidiary of Eightco, entered into Loan and Security Agreement with Todd Kuimjian on August 23, 2023.
- Kuimjian advanced $100,000 to the Borrower under same terms as original June 5, 2023 facility.
- Borrower issued a $100,000 promissory note to Kuimjian on same date.
- Original facility had $500,000 aggregate commitment; facility can be increased up to $5,000,000 with board approval.

## SEC filing metadata
- accession: 0001493152-23-030253
- form_type: 8-K
- ticker: ORBS
- cik: 0001892492
- company_name: Eightco Holdings Inc.
- filed_at: 2023-08-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1892492/000149315223030253/0001493152-23-030253-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1892492/000149315223030253/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-030253
- JSON: https://secwatch.observer/filing/0001493152-23-030253.json
- Plain text: https://secwatch.observer/filing/0001493152-23-030253.txt

## Key facts
- Debt Financings
  Eightco Holdings Inc. incurred loan of $100,000 with Todd Kuimjian.
  - Instrument: loan
  - Principal: $100,000
  - Counterparty: Todd Kuimjian
  - Event: incurrence
  source text: On August 23, 2023, Todd Kuimjian entered into the Agreement and advanced the Borrower $100,000 under the same terms. The Borrower issued Mr. Kuimjian a Promissory Note in the amount of $100,000 on this same date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892492/000149315223030253/0001493152-23-030253-index.htm
- Material Agreements
  Eightco Holdings Inc. entered into Loan and Security Agreement with Todd Kuimjian valued at $100,000 (effective 2023-08-23).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Todd Kuimjian
  - Value: $100,000
  - Effective: 2023-08-23
  source text: Borrower”), entered into a Loan and Security Agreement (the “Agreement”) with several individuals, financial institutions and entities (collectively, the “Lenders”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892492/000149315223030253/0001493152-23-030253-index.htm

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