SCHEDULE: CoinFund Boosts Eightco Holdings Stake to 9.9%

CoinFund Management LLC and its affiliated entities have reported a combined beneficial ownership of 9.9% in Eightco Holdings Inc. common stock.

Summary

• CoinFund Management LLC, along with its affiliated funds (CF Series DAT A LP, CoinFund Liquid Opportunities LP, Series F Liquid Opportunities LP, and Series G Liquid Opportunities LP), collectively holds 18,241,012 shares of Eightco Holdings Inc. common stock.
• This represents 9.9% of the outstanding common stock, based on 181,474,997 shares outstanding as of September 9, 2025.
• The ownership includes 17,123,288 shares of common stock and warrants exercisable for up to 6,646,855 additional shares.
• A beneficial ownership blocker prevents the exercise of warrants if it would result in any individual fund or its affiliates owning more than 9.99% of the outstanding common stock.
• The reporting persons explicitly disclaim forming a 'group' for Schedule 13G purposes.

Sentiment

Score: 6

Explanation: The filing is neutral in tone as it is a factual disclosure of beneficial ownership. The significant stake by CoinFund could be seen as a positive signal of institutional confidence, hence a slightly positive score.

Positives

• Significant institutional investment by CoinFund Management LLC and its affiliates, indicating confidence in Eightco Holdings Inc.
• The beneficial ownership blocker limits potential dilution from warrant exercise, ensuring no single entity exceeds 9.99% ownership.

Risks

• The beneficial ownership blocker on warrants could limit the upside for the warrant holders if the stock price increases significantly and they cannot fully exercise due to the 9.99% cap.

Future Outlook

This filing does not contain forward-looking statements or guidance from the company, only a disclosure of beneficial ownership by an investor.

Management Comments

• Seth Ginns, Managing Member of the reporting entities, certified that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

This filing indicates a significant stake by a crypto-focused investment firm (CoinFund) in Eightco Holdings Inc. The nature of Eightco Holdings Inc.'s business is not detailed in this filing, but CoinFund's involvement suggests a potential connection to digital assets, blockchain, or related technology sectors.

Comparison to Industry Standards

• This filing is a standard Schedule 13G disclosure of beneficial ownership. Without specific financial or operational results from Eightco Holdings Inc., a comparison to industry standards for performance is not applicable. The ownership percentage of 9.9% is a substantial minority stake, common for institutional investors seeking significant, but not controlling, influence.

Stakeholder Impact

• Shareholders: Increased institutional ownership may be viewed positively, potentially signaling confidence and stability.
• Management: The presence of a significant institutional investor may lead to increased scrutiny or engagement regarding strategic decisions.

Key Dates

Recommendation

The filing indicates a significant institutional stake by CoinFund Management LLC, which can be a positive signal of investor confidence. However, a Schedule 13G filing primarily discloses ownership and does not provide operational or financial performance details to warrant a 'buy' or 'sell' recommendation. Investors should 'hold' and await further operational updates from Eightco Holdings Inc. to make a more informed decision, while acknowledging the positive signal from CoinFund's substantial investment.

Keywords

Eightco Holdings Inc., CoinFund Management LLC, Schedule 13G, Beneficial Ownership, Common Stock, Warrants, Institutional Investor, SEC Filing, Equity Stake, Investment