Eightco Holdings Inc. Reduces Debt by 50% in Settlement Agreements with Key Stakeholders

Reuters
06-06
<a href="https://laohu8.com/S/OCTO">Eightco Holdings</a> Inc. Reduces Debt by 50% in Settlement Agreements with Key Stakeholders

Eightco Holdings Inc. has announced a significant debt reduction following recent settlement agreements with various third parties, including current and former officers and directors. As of early June 2025, the company has successfully negotiated to decrease its liabilities from over $2.2 million to approximately $1.1 million. Key figures involved in these settlements include Brett Vroman, the Chief Financial Officer, and Kevin O'Donnell, a board member. The remaining reduced debt will be paid off over the next eight months, marking a strategic move by Eightco Holdings to improve its financial standing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eightco Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-013861), on June 05, 2025, and is solely responsible for the information contained therein.

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