other material
confidence high
sentiment positive
materiality 0.65
Eightco Holdings signs 5-year advisory deal with ARK Capital; warrants for 2.2M shares at $1.01
Eightco Holdings Inc.
- Management fee of 1.00% per annum on treasury assets under management; MSA term at least five years.
- ARK receives warrants to purchase 2,200,000 shares of common stock at $1.01, vesting quarterly over five years.
- Brett Winton, ARK Chief Futurist, to serve as strategic advisor to the Board; annual cash $250,000 plus 2,200,000 restricted shares vesting quarterly over five years.
- Capitalization milestone bonuses of up to three separate payments upon reaching $1B, $5B, and $10B in capitalization.