---
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"
generated_at: "2026-06-07T18:18:15.181418+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Eightco subsidiary Forever 8 Fund closes $2M Series C and $50K Series B advances, subordination agreement executed

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-043733
- JSON: https://secwatch.observer/filing/0001493152-23-043733.json
- Plain text: https://secwatch.observer/filing/0001493152-23-043733.txt

## Key facts
- Debt Financings
  Eightco Holdings Inc. incurred loan of $2,000,000.
  - Instrument: loan
  - Principal: $2,000,000
  - Event: incurrence
  source text: The Subsequent Lenders advanced the Borrower a total of $2,000,000 in loan advances under the Series C Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892492/000149315223043733/0001493152-23-043733-index.htm

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