[144] Eightco Holdings Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 notice for Eightco Holdings Inc. (symbol ORBS) reports a proposed sale of 60,000 common shares with an aggregate market value of $806,711.50, intended to be sold on 09/18/2025 on NASDAQ. The shares were acquired on 03/27/2024 in a private acquisition from the issuer as payment in lieu of debt. The filing also discloses multiple sales by the same person during the prior three months: 30,000 common shares sold on 09/17/2025 for $325,614.00, 14,813 common shares sold on 09/16/2025 for $164,653.80, and 208,483 OCTO units sold on 09/08/2025 for $10,094,955.34. The filer certifies no undisclosed material adverse information and includes the standard attestation language.
Positive
- Required disclosures provided: The filing includes class, broker, quantities, market value, acquisition date, and recent sales, meeting Rule 144 notice elements
- Acquisition context disclosed: The 60,000 shares were acquired from the issuer on 03/27/2024 in lieu of debt payment, which clarifies consideration
Negative
- Substantial recent insider sales: Prior three months include sales totaling 252,296 units with aggregate gross proceeds of approximately $10,585,223.14, which represent significant insider dispositions
- Concentration of sales in a short period: Reported sales on 09/08/2025, 09/16/2025 and 09/17/2025 occur close in time to the proposed 09/18/2025 sale
Insights
TL;DR Significant insider dispositions disclosed: 60,000 shares proposed and substantial recent sales, including a large OCTO sale.
The Form 144 shows a planned sale of 60,000 common shares valued at $806,711.50 to occur on 09/18/2025, with acquisition dated 03/27/2024 noted as a private issuance in lieu of debt. The filing also documents three executed sales in the prior three months totaling 252,296 common/OCTO units with aggregate gross proceeds of approximately $10.59 million. From a market perspective, these are sizeable insider liquidity events explicitly disclosed for compliance with Rule 144. The filing is procedural and does not include operational or financial performance details.
TL;DR Disclosure aligns with Rule 144 requirements; multiple close-dated insider sales are evident.
The notice provides required information: class, broker, quantity, market value, acquisition details and recent dispositions. The 60,000-share lot was acquired from the issuer and paid in lieu of debt on 03/27/2024, which is clearly stated. Recent sales on 09/08/2025, 09/16/2025 and 09/17/2025 are reported with precise proceeds, supporting transparency about insider selling activity. The form contains the standard signature attestation regarding material non-public information. No governance violations or additional explanatory detail are provided in the filing.