InvestmentMay 1, 2026, 05:27 PM
Eightco Expands Strategic Asset Strategy, Sets AUM Milestones
AI Summary
Eightco Holdings Inc. entered into an Amended and Restated Consulting Agreement with Worldcoin Tower LLC, effective May 1, 2026. This agreement expands the consultant's engagement to a broader "Strategic Asset Strategy," which now includes both digital asset treasury management and a new strategic investment strategy focused on deploying capital into emerging companies. The updated fee structure includes a 1.00% annual fee on assets under management (AUM) and one-time incentive payments upon AUM reaching $1 billion, $5 billion, and $10 billion, payable in cash or common stock.
Key Highlights
- Amended and Restated Consulting Agreement with Worldcoin Tower LLC effective May 1, 2026.
- Expanded scope to "Strategic Asset Strategy" including Digital Asset Treasury and Strategic Investment.
- Consulting fee set at 1.00% per annum of assets under management (AUM).
- One-time incentive payments upon AUM reaching $1 billion, $5 billion, and $10 billion.
- Incentive payments can be in cash or shares of the Company's common stock.