Eightco Holdings Inc. Announces Non-Deal Road Show with Prominent Investment Bank
April 10 2023 - 7:30AM
Eightco Holdings Inc. (NASDAQ: OCTO) has announced that it will be
participating in a Non-Deal Roadshow (NDRs) commencing on May 2,
2023, following its 2022 annual results on April 17, 2023, and will
be hosted by a leading full-service investment bank that provides a
range of services to its clients, including corporate finance,
equity research, sales and trading and investment banking. The
investment firm focuses on small to mid-cap companies in various
sectors, including healthcare, technology, energy, and mining. This
decision was made after Eightco Holdings received unsolicited
proposals to conduct strategic NDRs.
NDRs offer investors a comprehensive look at a
company’s business model that press releases, presentations and
other public documents cannot. NDRs are a common way for companies
to engage with investors without any specific securities offering
or transactions being involved. Instead, NDRs are designed to
provide management teams with an opportunity to share information
and insights about the company and its operations and strategy.
During an NDR roadshow, the focus is typically on a variety of
topics including, but not limited to, financial performance,
business model, competitive advantage, product development,
industry trends and other factors that may be relevant to the
decision-making process of the investor. By providing transparent
and detailed information about the company, management can help to
build trust and confidence among investors, which can ultimately
support the company's long-term objective.
“We are excited to participate in this non-deal
roadshow, assisted by one of the preeminent investment banks, to
raise awareness for Eightco Holdings Inc.,” said Brian McFadden,
CEO of Eightco Holdings. “NDRs are a valuable tool for companies to
engage with investors and provide them with important information
about the company's operations, plan and prospects. Unlike deal
roadshows, which are focused on securities offerings or
transactions, non-deal roadshows are designed to build and maintain
relationships with existing and potential shareholders,” added
McFadden.
About Eightco Holdings
Inc.
Eightco Holdings Inc. (NASDAQ: OCTO) is
committed to growth focused around its existing subsidiaries,
Forever 8, an inventory management platform for e-commerce sellers,
and Ferguson Containers, a provider of complete manufacturing and
logistical solutions for product and packaging needs, through
strategic management and investment. In addition, the company is
actively seeking new opportunities to add to its portfolio of
technology solutions focused on the e-commerce ecosystem through
strategic acquisitions. Through a combination of innovative
strategies and focused execution, Eightco Holdings Inc. aims to
create significant value and growth for its portfolio companies and
shareholders.
For additional information, please
visit www.8co.holdings
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. All statements in this press release other than
statements of historical fact could be deemed forward looking.
Words such as “plans,” “expects,” “will,” “anticipates,”
“continue,” “expand,” “advance,” “develop” “believes,” “guidance,”
“target,” “may,” “remain,” “project,” “outlook,” “intend,”
“estimate,” “could,” “should,” and other words and terms of similar
meaning and expression are intended to identify forward-looking
statements, although not all forward-looking statements contain
such terms. Forward-looking statements are based on management’s
current beliefs and assumptions that are subject to risks and
uncertainties and are not guarantees of future performance. Actual
results could differ materially from those contained in any
forward-looking statement as a result of various factors,
including, without limitation: the potential that the expected
benefits of Eightco Holdings Inc.’s acquisition of Forever 8 are
not achieved; achievement of the expected benefits of Eightco
Holdings Inc.’s spin-off from Vinco Ventures, Inc.; tax treatment
of the spin-off; market and other conditions; the risks that the
ongoing COVID-19 pandemic may disrupt Eightco Holdings Inc.’s
business more severely than it has to date or more severely than
anticipated; unexpected costs, charges or expenses that reduce
Eightco Holdings Inc.’s capital resources; Eightco Holdings Inc.’s
inability to raise adequate capital to fund its business; Eightco
Holdings Inc.’s inability to innovate and attract users for Eightco
Holdings Inc.’s products; future legislation and rulemaking
negatively impacting digital assets; and shifting public and
governmental positions on digital asset mining activity. Given this
risks and uncertainty, you are cautioned not to place undue
reliance on such forward-looking statements. For a discussion of
other risks and uncertainties, and other important factors, any of
which could cause Eightco Holdings Inc.’s actual results to differ
from those contained in forward-looking statements, see Eightco
Holdings Inc.’s filings with the Securities and Exchange Commission
(SEC), including the section titled “Risk Factors” in Eightco
Holdings Inc.’s Registration Statement on Form 10, as amended,
filed with the SEC on May 13, 2022, and Eightco Holdings Inc.’s
Registration Statement on Form S-1, as amended, filed with the SEC
on January 24, 2023. All information in this press release is as of
the date of the release, and Eightco Holdings Inc. undertakes no
duty to update this information or to publicly announce the results
of any revisions to any of such statements to reflect future events
or developments, except as required by law.
For further information, please
contact:Investor RelationsRichard
Brown617-819-1289investors@8co.holdings
Eightco (NASDAQ:OCTO)
Historical Stock Chart
From Oct 2024 to Nov 2024
Eightco (NASDAQ:OCTO)
Historical Stock Chart
From Nov 2023 to Nov 2024