Eightco Provides Shareholder Update [Yahoo! Finance]
Eightco Holdings Inc. (OCTO)
Company Research
Source: Yahoo! Finance
Easton, PA, July 16, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) is pleased to provide an update to its shareholders regarding recent activities and future initiatives for growth. The Company has made significant progress in the first half of 2024 improving its financial condition, most notably through the elimination of $5.4 million in convertible notes and increasing shareholder equity by over $23 million which allows a renewed focus on the growth of its subsidiary, Forever 8 Fund LLC (“Forever 8”.) Core Business During 2024, the Company eliminated significant costs and roles related to the management of various legacy businesses. The Company's primary focus now is the growth of Forever 8, which operates in two main areas: providing inventory solutions for small to mid-sized e-commerce sellers and supplying refurbished Apple products for sellers in the United Kingdom and European Union. Forever 8 supports e-commerce sellers by
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OCTO
News
- Eightco Announces Second Quarter 2024 Financial ResultsGlobeNewswire
- Eightco Achieves Revenues of $100mn in Mobile Phone BusinessGlobeNewswire
- Eightco Provides Shareholder UpdateGlobeNewswire
- NASDAQ Grants Eightco's Request for Continued Listing on The Nasdaq Capital Market [Yahoo! Finance]Yahoo! Finance
- NASDAQ Grants Eightco’s Request for Continued Listing on The Nasdaq Capital MarketGlobeNewswire
OCTO
Sec Filings
- 8/15/24 - Form 8-K
- 8/14/24 - Form 10-Q
- 8/14/24 - Form 10-Q/A
- OCTO's page on the SEC website