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Dan Ives, famend know-how and AI knowledgeable and Wall Road analyst, to function Chairman of the Board
In an more and more agentic world, World is delivering important “Proof of Human” (PoH)
“If we succeed on our mission, World may turn into the most important community of actual individuals on-line, essentially altering how we work together and transact all through the Web,” says Sam Altman
The transaction was led by MOZAYYX with a strategic funding from BitMine Immersion (BMNR) and participation from World Basis, Discovery Capital Administration, GAMA, FalconX, Kraken, Pantera, GSR, Coinfund, Occam Crest, Diametric, Brevan Howard, Wedbush and extra
EASTON, Pa., Sept. 11, 2025 /PRNewswire/ — Eightco Holdings Inc. (NASDAQ: ORBS) (“Eightco Holdings Inc.” or the “Firm”) right this moment introduced it has modified its Nasdaq ticker image to “ORBS.” Starting right this moment, September 11, 2025, shares of the Firm’s frequent inventory will commerce on Nasdaq underneath the brand new ticker image “ORBS.” The Firm is just not enterprise some other company motion that impacts the rights of excellent frequent inventory, and no motion is required by shareholders in reference to the ticker image change. This follows the closing of its just lately introduced $270 Million personal placement to implement the first-of-its-kind Worldcoin treasury technique.
The transaction was led by MOZAYYX with participation from a premier record of institutional buyers together with World Basis, Discovery Capital Administration, GAMA, FalconX, Kraken, Pantera, GSR, Coinfund, Occam Crest, Diametric, Brevan Howard, Wedbush and extra. A $20 million funding was made by BitMine Immersion (NYSE AMERICAN: BMNR).
“Altering our ticker to ORBS marks a defining second for Eightco, signaling our dedication to main the Proof of Human revolution,” stated Dan Ives, the newly appointed Chairman of the Board. “ORBS symbolizes the inspiration of belief and authentication within the AI period. With World’s zero-knowledge Proof of Human, people’ identities are verified with out storing private knowledge on the blockchain, making certain each safety and privateness. That is greater than a ticker change. It’s a transparent sign of the place the longer term is headed, and ORBS is on the eye of all of it.”
World’s proprietary iris-scanning Orb know-how is designed to fulfill the safety and identification challenges of the longer term, providing a path to a universally trusted digital identification and the inspiration for the subsequent era of on-line belief, verification and financial trade.
The Orbs are the {hardware} spine of Worldcoin, verifying distinctive people, distributing tokens pretty, and making a trusted digital identification system. World would be the main verification platform for customers world wide.
RF Lafferty & Co., Inc. acted because the Unique Placement Agent in reference to the personal placement.
Cantor Fitzgerald & Co. acted as monetary advisor to the lead investor, MOZAYYX.
Moelis & Firm LLC acted as monetary advisor to BitMine Immersion Applied sciences (BMNR).
Winston & Strawn LLP acted as counsel to the lead investor, MOZAYYX.
Graubard Miller acted as counsel to the Firm.
Lucosky Brookman LLP acted as counsel to the position agent.
The provide and sale of the foregoing securities have been made in a non-public placement in reliance on an exemption from the registration requirement of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Part 4(a)(2) of the Securities Act and/or Regulation D promulgated thereunder, and relevant state securities legal guidelines. Accordingly, the securities supplied within the personal placement will not be supplied or offered in america besides pursuant to an efficient registration assertion or an relevant exemption from the registration requirement of the Securities Act and such relevant state securities legal guidelines. Concurrently with the execution of the securities buy agreements, the Firm and the buyers entered right into a registration rights settlement pursuant to which the Firm has agreed to file a registration assertion with the Securities and Trade Fee (the “SEC”) registering the resale of the shares of frequent inventory to be issued or issuable in reference to the providing.
This press launch shall not represent a proposal to promote or a solicitation of a proposal to purchase these securities, nor shall there be any sale of those securities in any state or different jurisdiction through which such provide, solicitation or sale could be illegal previous to the registration or qualification underneath the securities legal guidelines of any such state or different jurisdiction.
ABOUT EIGHTCO HOLDINGS INC.
Eightco Holdings Inc. (NASDAQ: ORBS) is delivering a first-of-its-kind Worldcoin (WLD) treasury technique. With this digital asset treasury (DAT), Eightco is advancing the AI revolution, implementing a know-how infrastructure layer that’s integral to the way forward for authentication, verification and Proof of Human (PoH). In an more and more agentic world, Eightco goals to realize a common basis for digital identification.
For added particulars, comply with on X:
https://x.com/eightcoholdings
https://x.com/iamhuman_orbs
For photos of the Orb with the brand new Chairman, please go to right here.
Ahead-Trying Statements
This press launch incorporates forward-looking statements throughout the which means of the Non-public Securities Litigation Reform Act of 1995. All statements on this press launch aside from statements of historic reality might be deemed ahead wanting. Phrases similar to “plans,” “expects,” “will,” “anticipates,” “proceed,” “broaden,” “advance,” “develop” “believes,” “steerage,” “goal,” “might,” “stay,” “venture,” “outlook,” “intend,” “estimate,” “may,” “ought to,” and different phrases and phrases of comparable which means and expression are meant to establish forward-looking statements, though not all forward-looking statements comprise such phrases. Ahead-looking statements are based mostly on administration’s present beliefs and assumptions which can be topic to dangers and uncertainties and will not be ensures of future efficiency. Precise outcomes may differ materially from these contained in any forward-looking assertion because of varied components, together with, with out limitation: Eightco’s means to take care of compliance with the Nasdaq’s continued itemizing necessities; surprising prices, prices or bills that cut back Eightco’s capital assets; Eightco’s lack of ability to lift enough capital to fund its enterprise; Eightco’s lack of ability to innovate and appeal to customers for Eightco’s merchandise; future laws and rulemaking negatively impacting digital belongings; and shifting public and governmental positions on digital asset mining exercise. Given these dangers and uncertainties, you might be cautioned to not place undue reliance on such forward-looking statements. For a dialogue of different dangers and uncertainties, and different vital components, any of which may trigger Eightco’s precise outcomes to vary from these contained in forward-looking statements, see Eightco’s filings with the Securities and Trade Fee (the “SEC”), together with in its Annual Report on Kind 10-Ok filed with the SEC on April 15, 2025. All data on this press launch is as of the date of the discharge, and Eightco undertakes no obligation to replace this data or to publicly announce the outcomes of any revisions to any of such statements to mirror future occasions or developments, besides as required by legislation.
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