{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-043733","form_type":"8-K","ticker":"ORBS","cik":"0001892492","company_name":"Eightco Holdings Inc.","filed_at":"2023-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.322532+00:00","generated_at":"2026-06-07T18:18:15.181418+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Eightco subsidiary Forever 8 Fund closes $2M Series C and $50K Series B advances, subordination agreement executed","bullets":["Forever 8 Fund received $50,000 advance under Series B from a subsequent lender on October 24, 2023.","Between October 25 and November 22, 2023, five lenders advanced $2,000,000 total under the Series C loan agreement.","Series B lenders subordinated their debt, security interests, and payment rights to the Series C lenders via a Subordination Agreement.","The Subordination Agreement restricts any payment or enforcement on Series B until all Series C senior debt (including interest, premiums) is fully repaid."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-043733","json":"https://secwatch.observer/filing/0001493152-23-043733.json","markdown":"https://secwatch.observer/filing/0001493152-23-043733.md","text":"https://secwatch.observer/filing/0001493152-23-043733.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1892492/000149315223043733/0001493152-23-043733-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1892492/000149315223043733/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T18:18:15.181418+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":"a9090658f99176179611fe6b07b57e223fe3463c","claim":"Eightco Holdings Inc. incurred loan of $2,000,000.","evidence_excerpt":"The Subsequent Lenders advanced the Borrower a total of $2,000,000 in loan advances under the Series C Agreement.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1892492/000149315223043733/0001493152-23-043733-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$2,000,000"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}