Eightco’s Forever 8 and Partner Mobi-hub Celebrate Successful Joint Venture at ITC Malta 2023
June 14 2023 - 7:30AM
Eightco Holdings Inc. (NASDAQ: OCTO) (“Eightco” or the “Company”),
a leader in the e-commerce inventory solutions space, is pleased to
announce the successful launch of Mobi-hub Funding (“Mobi-hub
Funding”), the joint venture between Forever 8 Fund, LLC (“Forever
8”), a subsidiary of Eightco, and Mobi-hub Ltd. (“Mobi-hub”), at
the prestigious ITC 2023 Malta. This event, which is known as the
EU's leading used and refurbished mobile phone and electronics
conference, was the launch platform for showcasing each of Forever
8 and Mobi-hub’s innovative solutions and expanding the client base
for these two players in the mobile phone and electronics industry.
As part of their participation at ITC Malta
2023, Mobi-hub Funding hosted an exclusive, private event that
brought together industry leaders, partners and prospective
clients. This gathering served as a networking opportunity,
creating valuable connections and cultivating future business
relationships. The evening was filled with lively discussions,
insightful presentations and a glimpse into the future of mobile
phone and electronics financing.
Forever 8 and Mobi-hub had a booth display at
the convention which attracted a steady stream of visitors
throughout the event. The booth gave attendees a comprehensive
understanding of Mobi-hub Funding's cutting-edge inventory funding
and logistics management solutions. Mobi-hub Funding’s team of
experts engaged with delegates, demonstrating the advantages of
their services, and showcased their commitment to driving success
in the industry.
As a title sponsor of ITC Malta 2023, Mobi-hub
Funding demonstrated its dedication to revolutionizing the mobile
phone and electronics market by offering tailored financial
solutions to businesses across the globe. Mobi-hub Funding’s
comprehensive funding programs will enable clients to optimize
their inventory management, expand their reach and unlock new
growth opportunities. By partnering with Forever 8, a recognized
leader in the industry, Mobi-hub reinforced its commitment to
delivering excellence and innovation.
"We are delighted with the success of our joint
venture debut, Mobi-hub Funding, at ITC Malta 2023," said Paul
Vassilakos, President of Forever 8. "Our presence at the convention
allowed us to showcase our innovative financing and logistics
management solutions to a global audience. We were able to engage
with key industry players, establish valuable connections and build
a strong foundation for future partnerships. We believe that this
event has undoubtedly propelled us closer to our vision of
transforming the mobile phone and electronics market."
About Eightco
Eightco 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 aims to create significant value and growth for
its portfolio companies and shareholders.
For additional information, please
visit www.8co.holdings
About Forever 8
Forever 8 is a leading provider of cash-flow
management solutions and standardized information for small to
medium-sized businesses. Our innovative platform addresses the
challenges faced by e-commerce sellers in managing inventory
capital, offering flexible and scalable tools. By eliminating the
need for personal guarantees and fixed amortization schedules, we
empower businesses to optimize their cash-flow process. With a
strong focus on customer satisfaction, we have assisted numerous
clients in effectively managing their cash flow and unlocking their
growth potential.
For additional information, please visit
www.forever8.com
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the federal securities laws. 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. When considering
these forward-looking statements, you should keep in mind the risk
factors and other cautionary statements in Eightco’s filings with
the Securities and Exchange Commission, including the section
titled “Risk Factors” in its Annual Report on Form 10-K and its
Quarterly Reports on Form 10-Q. All information in this press
release is as of the date of the release, and Eightco 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
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