Payward reports 11.96M-share stake in Eightco Holdings (OCTO)
Rhea-AI Filing Summary
Payward, Inc. reports beneficial ownership of 11,959,427 shares of Eightco Holdings Inc. That holding represents 3.6% of the common stock, calculated using 333,821,681 shares outstanding as of March 20, 2026. The Schedule 13G lists sole voting and dispositive power over all 11,959,427 shares. The filing is signed by Arjun Sethi, Co-CEO, on March 24, 2026.
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Insights
Small passive stake disclosed: 11,959,427 shares, 3.6%.
Payward, Inc. reports beneficial ownership of 11,959,427 shares, equating to 3.6% of the class using 333,821,681 shares outstanding as of March 20, 2026. The filing shows sole voting and dispositive power.
Because the stake is below 5% and filed on a Schedule 13G form, this disclosure is consistent with a passive institutional investor profile; subsequent filings would show changes in percentage or voting intent.
Disclosure signals non-activist position with clear voting authority recorded.
The filing specifies sole voting and sole dispositive power for all reported shares, which documents who can vote these shares at shareholder meetings. The percentage basis uses the issuer-provided outstanding share count as of March 20, 2026.
Stake size (3.6%) is below common reporting thresholds for activist intent; governance impact will depend on any future increases disclosed in amended filings.
FAQ
What stake did Payward, Inc. disclose in Eightco Holdings (OCTO)?
Which voting and dispositive powers does Payward report for OCTO shares?
When was the ownership figure for OCTO calculated and filed?
Does the filing indicate Payward is an activist investor in OCTO?
How is the percent ownership for OCTO calculated in the filing?