Eightco HoldingsOCTO
OCTO
About: Eightco Holdings Inc operates in Forever 8 Inventory Cash Flow Solution. The company is a dynamic technology-focused company committed to driving growth and innovation through strategic acquisitions and management. Forever 8 focuses on purchasing inventory for e-commerce retailers and is part of its Inventory Solution Business.
Employees: 23
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
0.34% more ownership
Funds ownership: 1.9% [Q4 2024] → 2.24% (+0.34%) [Q1 2025]
0% more funds holding
Funds holding: 11 [Q4 2024] → 11 (+0) [Q1 2025]
42% less capital invested
Capital invested by funds: $101K [Q4 2024] → $58.5K (-$42.9K) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for OCTO.
Financial journalist opinion
Neutral
GlobeNewsWire
1 month ago
Eightco Announces First Quarter 2025 Financial Results
Quarter Driven by Focus on Deploying Capital into the Refurbished Apple Products Business and Prioritizing Financial Stability for Long-Term Growth
Neutral
GlobeNewsWire
2 months ago
Eightco Announces the Completion of the sale of Fergueson Containers, Inc.
Strategic Divestiture Continues Focus on Core Forever 8 Business' Long-Term Growth Easton, PA, April 11, 2025 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) today announced that it has completed the sale of its subsidiary, Ferguson Containers, Inc., to Reichard Corrugated Products, LLC, an entity controlled by the existing management of Ferguson Containers. “We are pleased to announce the sale of Ferguson Containers.
Neutral
GlobeNewsWire
5 months ago
Eightco Completes Non-Dilutive Capital Raise and Second Debt Extension
$7.2 Million Debt Extension and $3.1 Million New Financing to Fuel Expansion Plans for 2025 Easton, PA, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) today announced that its wholly-owned subsidiary, Forever 8 Fund, LLC (“ Forever 8 ”), completed a series of transactions with respect to its outstanding Series A, Series B, Series C and Series D promissory notes (the “Old Debt”) to create new Series A and Series C promissory notes (the “New Debt”) and retire the Old Debt. The transactions resulted in an extension of $7.2 million of existing debt and the raising of an incremental $3.1 million of debt to fund growth through the end of the fourth quarter of 2024 and into 2025.
Neutral
GlobeNewsWire
7 months ago
Eightco Announces Third Quarter 2024 Financial Results
Quarter Driven by Corporate Actions for NASDAQ Compliance and Building Operational Foundation for Long Term Growth Third quarter 2024 net loss of ($3.2) million compared to net loss of ($3.5) million for the prior year quarter, due to better gross margins Third quarter 2024 revenues of $7.7 million compared to $23.3 million for the prior year quarter, driven by reduction in capital available for cell phone sales after repayment of the previously outstanding convertible note Successfully Met NASDAQ Compliance requirements to maintain NASDAQ listing Easton, PA, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) today announced financial results for the three months ended September 30, 2024. Paul Vassilakos, CEO of Eightco and President of Forever 8 Fund, LLC (“Forever 8”), the Company's largest subsidiary, said “The Company continues to focus on prioritizing the Forever 8 business in providing inventory capital for e-commerce sellers and refurbished Apple product sellers.
Neutral
Newsfile Corp
8 months ago
CEO Spotlight: Eightco Holdings Inc. CEO Discusses His Company's Innovative E-Commerce Solutions
Miami, Florida--(Newsfile Corp. - October 8, 2024) - Eightco Holdings Inc. (NASDAQ: OCTO) provides complete inventory funding and management solutions for e-commerce businesses in consumer goods and refurbished Apple products. Through its wholly owned subsidiary, Forever 8 Fund LLC ("Forever 8"), Eightco supports e-commerce sellers by purchasing inventory on their behalf, enabling them to use their capital to grow their brands without the financial strain of maintaining stock.
Neutral
GlobeNewsWire
8 months ago
Eightco Announces $100 million Revenue Forecast – Releases 2025 Strategic Plan
Improved Financial Condition Allows Focus on Revenue Growth & Profitability Easton, PA, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) is pleased to provide an update to its shareholders regarding its achievements year to date and 2025 initiatives.
Neutral
GlobeNewsWire
8 months ago
Eightco Regains Compliance with Nasdaq Listing Requirements
Easton, PA, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) today announced that the Company received formal notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Nasdaq's minimum bid price requirement (the “Bid Price Requirement”) set forth in Nasdaq Listing Rule 5550(a)(2), as well as Nasdaq's stockholders' equity requirement (“Equity Requirement”) set forth in Nasdaq Listing Rule 5550(b)(1).
Neutral
GlobeNewsWire
1 year ago
Eightco's Forever 8 to attend ITC Malta 2024
Easton, PA, June 04, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) today announced that Forever 8 Fund, LLC (“Forever 8”), a subsidiary of Eightco, will attend ITC Malta 2024, the premier global networking event for the new and used mobile devices and accessories industry.
Neutral
GlobeNewsWire
1 year ago
Eightco Announces First Quarter 2024 Financial Results
Quarter Driven by Capital Restructuring to Prioritize Financial Stability for Long-Term Revenue Growth. First quarter 2024 net income of $4.9mn versus net loss of $49.9mn for the prior year quarter, due to better operating performance and elimination of warrant losses related to a retired convertible note First quarter 2024 revenues of $9.6mn versus $15.9mn for the prior year quarter, driven by reduction in capital available for cell phone sales after repayment of the convertible note Easton, PA, May 16, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) today announced financial results for the three months ended March 31, 2024.
Neutral
GlobeNewsWire
1 year ago
Eightco Announces the Cancellation of the Forever 8 2022 Merger Earnout Consideration
Easton, PA, May 07, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) today announced that the former owners (“F8 Members”) of Forever 8 Fund, LLC (“Forever 8”) have agreed, effective as of March 17, 2024, to cancel their right to receive certain earnout consideration provided for under the September 2022 Membership Interest Purchase Agreement between the Company and Forever 8 (“Earnout”) whereby the Company acquired Forever 8. The Earnout was fair valued at $6.1 million and had a potential cash value of up to $37 million.
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