[144] Eightco Holdings Inc. SEC Filing
Eightco Holdings Inc. (OCTO) filed a Form 144 notifying the proposed sale of 14,813 common shares through Morgan Stanley Smith Barney LLC at an aggregate market value of $164,653.80, with an approximate sale date of 09/16/2025 on NASDAQ. The shares were acquired from the issuer on 03/27/2024 in a private acquisition recorded as payment in lieu of debt. The filing reports that 208,483 OCTO shares were sold on 09/08/2025 by Paul Vassilakos, generating gross proceeds of $10,094,955.34. The filing includes the outstanding share count of 181,329,397, and a representation that the seller is unaware of undisclosed material adverse information.
- Form 144 filed publicly, providing transparency about proposed insider-related sales
- Acquisition source disclosed: shares to be sold were acquired from the issuer in lieu of debt payment
- Broker-dealer identified (Morgan Stanley Smith Barney LLC) indicating an organized market execution plan
- Recent large sale of 208,483 shares on 09/08/2025 for $10,094,955.34, which may be viewed negatively by some investors
- Insider-originated issuance and subsequent sales could raise questions about issuer-side debt arrangements and related-party transactions
Insights
TL;DR: Insider-related sales disclosed; planned sale is small relative to outstanding shares, but recent large sale generated significant proceeds.
The Form 144 shows a planned sale of 14,813 shares valued at $164,653.80 and a prior sale of 208,483 shares for $10,094,955.34. Compared with the reported 181,329,397 shares outstanding, the planned sale represents a de minimis percentage, while the prior sale represents a larger but still modest fraction of outstanding stock. The acquisition of the planned-sale shares was a private transaction with the issuer on 03/27/2024, recorded as payment in lieu of debt, which is relevant for tracing the economic rationale behind the holding. For investors, these disclosures provide liquidity and insider activity context but do not, by themselves, indicate a material change in company fundamentals.
TL;DR: The filing documents insider-originated securities and substantial recent dispositions; disclosure compliance appears intact.
The notice documents the origin of the shares (private acquisition from the issuer in lieu of debt) and reports both the planned 14,813-share sale and a recent 208,483-share disposal with $10.09 million gross proceeds. The inclusion of the representation about absence of undisclosed material adverse information and the use of a registered broker suggest procedural compliance. Stakeholders may want to monitor further insider transactions or company disclosures to understand whether sales reflect liquidity needs or other governance considerations.