---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-038158"
form_type: "8-K"
ticker: "ORBS"
cik: "0001892492"
company_name: "Eightco Holdings Inc."
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T14:46:58.918918+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Eightco subsidiary receives $650,000 in debt advances from Series B and C loan agreements

## Summary
- Forever 8 Fund received $50,000 on Oct 6 and $50,000 on Oct 12 from Series B at 15% interest.
- A subsequent lender advanced $50,000 on Oct 17 under the Series B joinder agreement.
- Series C lender advanced $500,000 on Oct 19 at 18% interest.
- Series B aggregate commitments can reach $5M; unused commitment fee is 5% per annum.

## SEC filing metadata
- accession: 0001493152-23-038158
- form_type: 8-K
- ticker: ORBS
- cik: 0001892492
- company_name: Eightco Holdings Inc.
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1892492/000149315223038158/0001493152-23-038158-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1892492/000149315223038158/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-038158
- JSON: https://secwatch.observer/filing/0001493152-23-038158.json
- Plain text: https://secwatch.observer/filing/0001493152-23-038158.txt

## Key facts
- Material Agreements
  Eightco Holdings Inc. entered into Series B Loan and Security Agreement with an individual (effective 2023-10-06).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: an individual
  - Effective: 2023-10-06
  source text: On October 6, 2023, the Company’s wholly owned subsidiary, Forever 8 Fund, LLC (the “Borrower”), entered into a Series B Loan and Security Agreement (the “Series B Agreement”) with an individual (the “Lender”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892492/000149315223038158/0001493152-23-038158-index.htm
- Material Agreements
  Eightco Holdings Inc. entered into Series C Loan and Security Agreement with an individual (effective 2023-10-19).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: an individual
  - Effective: 2023-10-19
  source text: On October 19, 2023, the Company’s wholly owned subsidiary, Forever 8 Fund, LLC (the “Borrower”), entered into a Series C Loan and Security Agreement (the “Series C Agreement”) with an individual (the “Lender”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892492/000149315223038158/0001493152-23-038158-index.htm

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