Business Context and Reporting Period
Company: Eightco Holdings Inc. (Ticker: ORBS)
Filing Type: Form 8-K (Current Report)
Date of Report: August 5, 2026
Reporting Period: The filing addresses a specific event occurring on August 5, 2026, regarding the company's stock listing status on The Nasdaq Capital Market.
Key Financial Metrics
This filing is a notice of a listing deficiency and does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The only financial metric disclosed is the stock price performance:
- Stock Price Deficiency: The closing bid price of the Company's common stock was below the minimum $1.00 per share requirement for 30 consecutive business days (June 23, 2026, to August 4, 2026).
Material Changes
The material change reported is the receipt of a Notification Letter from Nasdaq indicating a failure to satisfy the minimum bid price requirement (Listing Rule 5550(a)(2)). There is no immediate effect on the listing or trading of the stock, which continues under the symbol "ORBS."
Outlook, Management Commentary, and Risks
Compliance Timeline
- Initial Compliance Period: 180 calendar days, ending February 1, 2027.
- Requirement to Regain Compliance: The closing bid price must be at least $1.00 per share for a minimum of ten consecutive business days during the compliance period.
- Reverse Stock Split: If implemented, it must be completed no later than ten business days prior to the expiration of the compliance period.
Future Scenarios
- If compliance is not met by February 1, 2027, the Company may be eligible for an additional 180-day period if it meets other listing standards (e.g., market value of publicly held shares) and provides written notice of intent to cure, potentially via a reverse stock split.
- If the Company is not eligible for an extension or cannot cure the deficiency, Nasdaq will issue a delisting notice, subject to appeal.
Management Commentary
Management intends to monitor the closing bid price and may consider available options to regain compliance. The filing includes standard forward-looking statement disclaimers regarding the uncertainty of regaining compliance.
Investor Verification Checklist
- Verify the current closing bid price of ORBS to assess the gap from the $1.00 threshold.
- Monitor for announcements regarding a potential reverse stock split before the February 1, 2027 deadline.
- Review the Company's market value of publicly held shares to determine eligibility for a second compliance period if the first is missed.
- Check for any subsequent 8-K filings regarding the status of the compliance period or delisting appeals.