Mobi-Hub Funding (Powered by Forever 8) to Showcase Innovative Solutions and Expand Business Prospects at IFA Berlin Show 2023
August 31 2023 - 7:30AM
Eightco Holdings Inc. (NASDAQ: OCTO) (“Eightco” or the “Company”)
announced today that Mobi-Hub Funding (“Mobi-Hub Funding”), its
joint venture between Eightco’s wholly owned subsidiary, Forever 8
Fund, LLC (“Forever 8”) and Mobi-Hub Ltd. (“Mobi-Hub”), is
participating as an exhibitor at the renowned IFA Berlin Show 2023.
This event provides an exclusive platform for Mobi-Hub Funding to
spotlight its innovative solutions.
During the IFA Berlin Show 2023, Mobi-Hub
Funding hopes to strengthen strategic initiatives such as business
expansion, general market awareness and enhancing knowledge about
their distinctive service offerings, which encompass verified
supply chain, financial resources, and more.
“Participating in the IFA Berlin Show 2023
represents another milestone for Mobi-Hub Funding,” noted Brian
McFadden, CEO of Eightco. “Our plans to empower mobile resellers
and marketplace operators with top-tier solutions, excellent
funding options and supplier access underscores our dedication to
reshaping the industry.”
“Mobi-Hub Funding’s presence at the IFA Berlin
Show 2023 is a testament to its dedication to innovation and growth
within the refurbished electronics sector. By connecting resellers
with better suppliers and expanding their business horizons,
Mobi-Hub Funding is poised to make an impact on the industry
landscape,” said Moheb Pirzada, CEO of Mobi-Hub.
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
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, Inc., 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
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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