Exhibit 99.1 Eightco Announces Second Quarter 2024 Financial Results Quarter Driven by Capital Restructuring to Prioritize Financial Stability ● Second quarter 2024 net income of $4.4 million versus net loss of ($8.9) million for the prior year quarter, due to better operating performance and elimination of warrant losses related to a retired convertible note ● Second quarter 2024 revenues of $7.0 million versus $20.5 million for the prior year quarter, driven by reduction in capital available for cell phon ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.001 par value per share OCTO The Nasdaq Stock Market LLC FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ____ ...

Company Overview - Eightco Holdings Inc. operates through its subsidiary Forever 8 Fund LLC, which specializes in the refurbished Apple products market, including iPhones, iPads, AirPods, Apple Watches, and the iPad Pencil in the UK and EU [1][2] - The company utilizes a proprietary data-driven tool to manage inventory levels and capital, optimizing supply chains and marketing strategies for vendors [1] Financial Performance - Forever 8 has achieved $100 million in revenues from its refurbished Apple smartphone division since its launch in April 2021 [2][5] - The growth in the refurbished market for Apple products is a key driver for the company's success, with significant demand from both suppliers and customers [5] Strategic Focus - Eightco is committed to expanding its subsidiaries and is actively seeking new opportunities to enhance its portfolio of technology solutions focused on the e-commerce ecosystem through strategic acquisitions [6] - The company aims to create significant value and growth for its portfolio companies and stockholders through innovative strategies and focused execution [6]

Significant Improvement in Financial Condition Allows Renewed Focus on Revenue Growth The Company has made significant progress in the first half of 2024 improving its financial condition, most notably through the elimination of $5.4 million in convertible notes and increasing shareholder equity by over $23 million which allows a renewed focus on the growth of its subsidiary, Forever 8 Fund LLC ("Forever 8".) During 2024, the Company eliminated significant costs and roles related to the management of variou ...

Easton, PA, July 01, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ:OCTO) (the "Company" or "Eightco") is pleased to announce that a Hearings Panel of the Nasdaq Stock Market has granted the Company's request for continued listing on The Nasdaq Capital Market, subject to the Company meeting certain conditions by August 23, 2024. These conditions include requiring the closing bid price of the Company's common stock to equal or exceed $1.00 per share for a minimum of ten (10) consecutive trading sessi ...

Easton, PA, June 04, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ: OCTO) (the "Company" or "Eightco") today announced that Forever 8 Fund, LLC ("Forever 8"), a subsidiary of Eightco, will attend ITC Malta 2024, the premier global networking event for the new and used mobile devices and accessories industry. The conference will be held in Malta from June 4-8, 2024, featuring a variety of keynote speakers, exhibitors and attendees from around the world, including representatives from both Forever 8 ...

Easton, PA, June 04, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ:OCTO) (the "Company" or "Eightco") today announced that Forever 8 Fund, LLC ("Forever 8"), a subsidiary of Eightco, will attend ITC Malta 2024, the premier global networking event for the new and used mobile devices and accessories industry. The conference will be held in Malta from June 4-8, 2024, featuring a variety of keynote speakers, exhibitors and attendees from around the world, including representatives from both Forever 8 a ...

Quarter Driven by Capital Restructuring to Prioritize Financial Stability for Long-Term Revenue Growth. For the Three Months Ended March 31, 2024 2023 Revenues, net $ 9,619,820 $ 15,889,715 Cost of revenues 7,734,058 14,070,623 First quarter 2024 net income of $4.9mn versus net loss of $49.9mn for the prior year quarter, due to better operating performance and elimination of warrant losses related to a retired convertible note First quarter 2024 revenues of $9.6mn versus $15.9mn for the prior year quarter, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number: 001-41033 EIGHTCO HOLDINGS INC. (Exact Name of Registrant as Specified in its Charter) Delaware 87-2755739 (State or Other J ...

Easton, PA, May 07, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ:OCTO) (the "Company" or "Eightco") today announced that the former owners ("F8 Members") of Forever 8 Fund, LLC ("Forever 8") have agreed, effective as of March 17, 2024, to cancel their right to receive certain earnout consideration provided for under the September 2022 Membership Interest Purchase Agreement between the Company and Forever 8 ("Earnout") whereby the Company acquired Forever 8. The Earnout was fair valued at $6.1 mill ...