Easton, PA, April 28, 2025 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ:OCTO) (the "Company" or "Eightco") today announced the appointment of Nicola Caiano to its Board of Directors. Mr. Caiano brings over three decades of expertise in financial strategy, capital markets, and investment management, further strengthening Eightco's strategic vision and growth trajectory. Mr. Caiano currently serves as Chief Financial Officer at Cytometric Therapeutics, where he leads capital formation strategies to fund clinical trials for groundbreaking cancer therapies. He is also the Founding Partner of Olea Management LLC, where he advises family offices and early-stage companies across diverse ind

SAFETY HARBOR, Florida, April 06, 2023 (GLOBE NEWSWIRE) -- Eightco Holdings Inc., a publicly-traded company listed on NASDAQ under the ticker symbol OCTO, is pleased to announce that it will be releasing its comprehensive annual financial results and operational update for the year 2022. This eagerly-anticipated release is scheduled to take place on or before Monday, April 17, 2023 and will provide a comprehensive overview of the company's financial performance and operational activities throughout the previous year. About Eightco Holdings Inc. Eightco Holdings Inc. (NASDAQ:OCTO) is committed to growth focused around its existing subsidiaries, Forever 8, an inventory management platform

Easton, PA, April 28, 2025 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ:OCTO) (the "Company" or "Eightco") today announced the appointment of Nicola Caiano to its Board of Directors. Mr. Caiano brings over three decades of expertise in financial strategy, capital markets, and investment management, further strengthening Eightco's strategic vision and growth trajectory. Mr. Caiano currently serves as Chief Financial Officer at Cytometric Therapeutics, where he leads capital formation strategies to fund clinical trials for groundbreaking cancer therapies. He is also the Founding Partner of Olea Management LLC, where he advises family offices and early-stage companies across diverse ind

2024 revenues of $39.6 million down from $67.6 million, driven by reduction in capital available for cell phone sales after repayment of the previously outstanding convertible note2024 Gross Profit of $6.0 million, down from $6.2mn Easton, PA, April 15, 2025 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ:OCTO) (the "Company" or "Eightco"), today announced financial results for the fiscal year ended December 31, 2024. Paul Vassilakos, CEO of Eightco and President of Forever 8 Fund, LLC ("Forever 8"), the Company's largest subsidiary, said "We continue to improve all aspects of our cost structure and focus on our highest growth priorities to deliver long-term value to shareholders. In t

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. This planned divestiture is a milestone that will allow both companies to better position themselves for long-term success and aligns with our focus on our core business," said Paul Vassilakos, CEO of Eightco and President of Forever 8 F

$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 fou

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 marginsThird 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 noteSuccessfully 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

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. 2024 Achievements The Company has made significant progress in 2024 by improving its balance sheet, most notably through the elimination of $5.4 million in convertible notes and increasing shareholder equity by $23 million. An aggregate of 5,846,627 dilutive shares related to warrants and convertible securities were cancelled in connection therewith, as well as several one-time

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). To regain compliance with the Bid Price Requirement, the Company's Common Stock was required to maintain a minimum closing bid price of $1.00 or more for a minimum of 10 consecutive trading days. The No

Quarter Driven by Capital Restructuring to Prioritize Financial Stability Second quarter 2024 net income of $4.4 million versus net loss of ($8.9) million for the prior year quarter, due to better operating performance and elimination of warrant losses related to a retired convertible noteSecond quarter 2024 revenues of $7.0 million versus $20.5 million for the prior year quarter, driven by reduction in capital available for cell phone sales after repayment of the convertible note Easton, PA, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ:OCTO) (the "Company" or "Eightco") today announced financial results for the three months ended June 30, 2024. Paul

Easton, PA, July 23, 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"), has reached $100 million in revenues from its refurbished Apple smartphone division since launching in April 2021. "We are excited to have reached this milestone of $100 million in revenue from our refurbished Apple smartphone division," said Paul Vassilakos, CEO of Eightco and President of Forever 8. "Continued growth in the refurbished market for Apple products, combined with Forever 8's unique offering, is driving strong growth for our Company in this sector. We continue to see significant

Significant Improvement in Financial Condition Allows Renewed Focus on Revenue Growth 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

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