MOZAYYX UGP, LLC and Others Acquire Significant Stake in Eightco Holdings Inc.
MOZAYYX UGP, LLC, along with Xuan Yong and Matthew Gefter, has filed a Schedule 13D indicating their acquisition of a significant stake in Eightco Holdings Inc. The filing details the purchase of 15,753,424 shares of Common Stock by MOZAYYX TOWER SPV 2, LP and 684,932 shares by MOZAYYX Master Fund LP, both entities controlled by UGP. Additionally, Worldcoin Tower Instant LLC, managed by UGP, has been issued warrants to purchase up to 9,917,844 shares of Common Stock, subject to a 9.99% ownership limit. The filing also includes a Strategic Advisor Agreement between Eightco Holdings Inc. and Worldcoin Tower Instant LLC, aimed at expanding the issuer's business operations through cryptocurrency and digital asset strategies. The Reporting Persons have indicated potential future actions regarding their investment, including possible additional purchases or disposals of securities.