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Eightco Holdings Reduces Liabilities Through Settlement Agreements

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Eightco Holdings Reduces Liabilities Through Settlement Agreements

Elevate Your Investing Strategy:

Eightco Holdings ( (OCTO) ) has provided an update.

On May 30, 2025, June 2, 2025, and June 5, 2025, Eightco Holdings Inc. entered into settlement agreements with several third parties, including current and former officers and directors, to resolve certain liabilities. The agreements resulted in a reduction of the company’s liabilities from over $2.2 million to approximately $1.1 million, with the company agreeing to pay the remaining amount over the next eight months.

Spark’s Take on OCTO Stock

According to Spark, TipRanks’ AI Analyst, OCTO is a Neutral.

The overall stock score reflects significant financial challenges, including negative earnings and high leverage. Technical analysis provides some stability, but poor valuation metrics limit upside potential.

To see Spark’s full report on OCTO stock, click here.

More about Eightco Holdings

Average Trading Volume: 78,358

Technical Sentiment Signal: Sell

Current Market Cap: $4.11M

For an in-depth examination of OCTO stock, go to TipRanks’ Stock Analysis page.

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