Orb device
Search documents
What's Going On With Eightco Holdings Stock Thursday?
Yahoo Financeยท 2025-09-11 12:42
Group 1 - Eightco Holdings Inc. has changed its Nasdaq ticker symbol from OCTO to ORBS, which does not affect shareholder rights and requires no action from investors [1] - The rebranding follows a $270 million private placement aimed at supporting Worldcoin's treasury strategy, with notable investors including World Foundation, GAMA, and Kraken [2] - Dan Ives has been appointed as chairman of the board, emphasizing that ORBS represents trust and identity in the AI realm, highlighting the importance of the Proof of Human system for identity verification [3][4] Group 2 - The new identity verification system is based on the world's first iris-scanning Orb device, designed to ensure unique human verification and trusted digital identity [4] - Eightco has filed a $2.7 billion at-the-market prospectus, allowing for gradual share issuance to strengthen its balance sheet [5] - Despite a recent rally in ORBS shares, early trading saw a pullback, with shares down 8.50% to $22.06 in premarket trading [6]