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Eightco Holdings ( (OCTO) ) has provided an announcement.
On September 10, 2025, Eightco Holdings Inc. entered into a Sales Agreement with R.F. Lafferty & Co., Inc., allowing the company to offer and sell up to $2.7 billion worth of its common stock through the agent. This agreement provides the agent with a commission of up to 3% on sales, with the flexibility for Eightco Holdings to suspend or terminate the agreement at any time. The shares will be sold under the company’s automatic shelf registration statement filed with the SEC on the same date, ensuring compliance with securities laws.
The most recent analyst rating on (OCTO) stock is a Hold with a $39.00 price target. To see the full list of analyst forecasts on Eightco Holdings stock, see the OCTO Stock Forecast page.
Spark’s Take on OCTO Stock
According to Spark, TipRanks’ AI Analyst, OCTO is a Neutral.
Eightco Holdings faces significant financial challenges, with persistent losses and high leverage impacting its financial performance. Technical analysis shows some upward momentum, but the stock is overbought, suggesting caution. The valuation is unattractive due to negative earnings, and recent corporate events limit capital-raising options.
To see Spark’s full report on OCTO stock, click here.
More about Eightco Holdings
Average Trading Volume: 4,742,244
Technical Sentiment Signal: Buy
Current Market Cap: $137.3M
Learn more about OCTO stock on TipRanks’ Stock Analysis page.