Paul Vassilakos, CEO of Eightco and President of Forever 8 Fund, the Company’s largest subsidiary, said “Our full-year consolidated revenue improvement was driven by revenue growth in our cell phone business. We continue to improve all aspects of our cost structure and focus on our highest growth priorities to deliver long-term, profitable growth. Further, in the first quarter of 2024, the Company announced the repayment of a highly dilutive debt security and cancelled and repurchased a significant amount of warrants, delivering a cleaner capital structure that will help support our growth going forward.”
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