---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-048011"
form_type: "8-K"
ticker: "ORBS"
cik: "0001892492"
company_name: "Eightco Holdings Inc."
filed_at: "2024-11-27T23:59:59+00:00"
generated_at: "2026-05-29T15:29:56.626799+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Eightco to sell Ferguson Containers assets for $3.058M cash & note; needs shareholder OK

## Summary
- Asset sale of Eightco subsidiary Ferguson Containers to Ferguson Containers LLC for $557,835 cash and a $2.5M seller note at 9.75%.
- Seller note due Dec 31, 2034; monthly installments of $32,692.56 begin Jan 1, 2025.
- Earnout of up to $250k each for achieving $1M EBITDA in 2024 and 2025; prorated between $900k and $1M.
- Transaction conditioned on stockholder approval and a fairness opinion; closing expected by year-end 2024.
- Buying parties include Edward Reichard and Derick Reichard; review period of 5 business days.

## SEC filing metadata
- accession: 0001493152-24-048011
- form_type: 8-K
- ticker: ORBS
- cik: 0001892492
- company_name: Eightco Holdings Inc.
- filed_at: 2024-11-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1892492/000149315224048011/0001493152-24-048011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1892492/000149315224048011/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-048011
- JSON: https://secwatch.observer/filing/0001493152-24-048011.json
- Plain text: https://secwatch.observer/filing/0001493152-24-048011.txt

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