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Eightco Holdings Inc. logo
ORBS$0.7217+2.84%

Eightco Holdings Inc.

Sector: Finance ServicesIndustry: Financial - Credit ServicesCountry: USExchange: Nasdaq

Mkt Cap$310.17M
Float & O/S
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DilutionScan read 41 of Eightco Holdings Inc.'s SEC filings and found 4 warrant series, 1 convertible, 2 ATM programs, 4 shelf registrations and 2 completed offerings on file for ORBS. The latest dilution event on file is a registration statement on Sep 11, 2026. Analysis updated Oct 24, 2026.

Signal8 Summary

ORBS

Legacy business collapsing, crypto treasury pivot

Snapshot

ORBS has pivoted from a small e-commerce funding business into a crypto and AI treasury vehicle holding OpenAI equity, Worldcoin tokens, and Ethereum worth roughly $380M.

What's Happening Right Now

  • : As of Sep 16, 2026, Eightco disclosed roughly $380M in total holdings (OpenAI equity, Beast Industries stake, ETH, and Worldcoin tokens) and said it has repurchased more than 26 million shares this quarter under a $125M buyback program.
  • : Q2 2026 revenue fell 72.7% YoY to $2.1M after Eightco's dominant customer's credit collapsed, forcing it to suspend orders and write off receivables; the company still posted net income only because of a fair-value gain on its crypto holdings.
  • : On Aug 5, 2026, Eightco received a Nasdaq notice for trading below $1.00 for 30 straight business days, giving it until Feb 1, 2027 to regain compliance or possibly face a reverse split.
  • : On Aug 6, 2026, Eightco reported total holdings of about $378M spanning OpenAI equity, Beast Industries equity, ETH, and Worldcoin tokens, alongside $142M in cash.
  • : On Jul 27, 2026, Eightco announced it joined World Foundation's $52.5M funding round as part of its buildout of a crypto and AI-linked treasury.

Raise routes on file: active ATM + effective shelf · latest dilution event 53 days ago

Overall Risk
Offering Ability
Overhead Supply
Historical
Cash Need

AI dilution summary

The dominant contractual driver and its mechanism, then each further driver ranked.

Latest dilution event

Sep 11, 2026 · Registration

How we read filings

Every warrant, convertible, ATM and shelf, cited to the filing

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Share count and cash history

Shares outstanding, potential dilution and cash over time

Warrants · 4

What is this?

Exercise price, shares and dates with Pro

Warrant

Issued 2025

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Placement Agent Warrants (September 2025 PIPE)

Issued 2025

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Pre-Funded Warrants (September 2025 PIPE)

Issued 2025

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Warrant

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Convertibles · 1

What is this?

Principal, conversion terms and dates with Pro

Convertible

Converted

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

ATM · 2

What is this?

Capacity, sold to date and agent with Pro

ATM program

Issued 2024

Terminated

Total capacity

Sold to date

Remaining capacity
Sales agent
Agreement date
Commission
Filing link and full terms

ATM program

Issued 2025

Active

Total capacity

Sold to date

Remaining capacity
Sales agent
Agreement date
Commission
Filing link and full terms

Shelf · 4

What is this?

Capacity, dates and baby-shelf status with Pro

S-3 shelf registration

Issued 2024

Active

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

S-3ASR shelf registration

Issued 2025

Active

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

S-3 shelf registration

Issued 2025

Active

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

S-3 shelf registration

Issued 2026

Active

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

Offerings · 2

What is this?

Proceeds, price, shares and agent with Pro

PIPE

Issued 2025

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

Offering

Issued 2026

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

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Exercise prices, conversion terms, shelf headroom and the filing sentence behind every number.

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