Vinco Ventures, Inc. BBIG → Eightco Holdings Inc. ORBS
| Parent | Vinco Ventures, Inc. BBIG |
|---|---|
| Spinco | Eightco Holdings Inc. ORBS |
| Status | Completed |
| Structure | Spin-off A filing states a pro-rata distribution: holders receive shares automatically. |
| Focus | Not focus-increasing Parent and spinco remain in the same industry; the separation divides scale rather than business. |
| Ratio | 1 Cryptyde share for every 10 Vinco Ventures shares |
| Ratio note | The spinco traded as TYDE at separation and is now Eightco Holdings under the ticker ORBS. |
| Checked against EDGAR | 2026-08-22 |
Data trap
The Form 10's own schedule was wrong by seven months and then by a month. Early amendments showed a record date of October 2021, and the final amendment still said the distribution would happen on or around May 27, 2022; it actually occurred on June 29, with regular-way trading from June 30. A catalyst clock built from the registration statement alone would have fired three times before anything happened. Separately, the 1-for-10 ratio understates the dilution: on the record date, parent warrant holders swapped their right to receive shares in the distribution for replacement warrants over 10.2 million spinco shares, roughly half again as many as were distributed.
The restated filings have landed; this is kept as history.
Catalyst clock
- —Separation announced
- 2021-11-08Form 10 filed
- 2022-05-13Form 10 last amended
- 2022-05-16Form 10 effective
- 2022-05-18Record date
- —When-issued trading opens
- 2022-06-29Distribution
- 2022-08-19First standalone earnings
- —Index inclusion announced
Performance since separation
| Eightco Holdings Inc. since separation | -99.83% |
|---|---|
| Vinco Ventures, Inc. over the same window | -99.49% |
| S&P 500 (SPY) over the same window | +101.33% |
| Russell 2000 (IWM) over the same window | +75.73% |
| Excess over the S&P 500 | -201.16% |
| Excess over the Russell 2000 | -175.56% |
Measured from the first regular-way close on or after the distribution — 2022-06-30 at 507.50 — to 2026-08-21 at 0.88. Window: 4.1 years. The 2022-06-29 session was skipped: it traded on when-issued volume, not regular-way, and pricing from it would measure the return against a market that no longer existed the next day. Two benchmarks, because one is misleading: spin-offs are usually small companies, and across this period small caps lagged the S&P by several points a year on their own. Measured against the S&P alone, roughly a third of any shortfall is company size rather than the separation. Returns are arithmetic over end-of-day closing prices. Unlike every other figure on this page, they do not come from a filing.
Pre-distribution investor return
| Parent, announcement to separation | no announcement date on file |
|---|---|
| Combined (Vinco Ventures, Inc. + Eightco Holdings Inc.), pre-distribution to now | -95.27% |
| Combined excess over the S&P 500 | -196.43% |
| Combined excess over the Russell 2000 | -169.22% |
Combined treats a pre-spin holding as 1 Cryptyde share for every 10 Vinco Ventures shares valued at the parent's last close before regular post-spin trading resumed — 2022-06-28 at 2.07 — against that same basket today. That baseline is a practical proxy, not an attempt to isolate exactly how much value the separation transferred: for a large parent and a small spinco, ordinary day-to-day price noise can be bigger than the transfer itself.
Filings
Every fact on this page comes from one of these.
- 10-12B/Afiled 2022-05-13 · 0001493152-22-013252Amendment 4; Ex-99.1 information statement carries the 1-for-10 ratio, the May 18 record date and the statement that the parent retains no interest
- 8-Kfiled 2022-05-24 · 0001493152-22-014966Replacement warrants issued to parent warrant holders in lieu of distribution shares
- 8-Kfiled 2022-06-28 · 0001493152-22-017938Form 10 declared effective May 16, 2022; distribution effective June 29 with regular-way trading from June 30
- 10-Qfiled 2022-08-19 · 0001493152-22-023625First periodic report; 18,805,243 shares distributed against 21,815,166 outstanding
Notes
Vinco Ventures' separation of its packaging and Web3 businesses as Cryptyde, later renamed Eightco. The spinco traded as TYDE at separation and now trades as ORBS after several reverse splits, so its historical price series is heavily adjusted. Left unclassified: EDGAR files the parent under games and toys and the spinco under short-term business credit, neither of which describes what either company did. Classified non_focus_increasing: TYDE's own information statement describes three unrelated business lines bundled together — Web3/blockchain products, Bitcoin-mining services, and a legacy contract-packaging manufacturer (Ferguson Containers) — not a coherently focused spinco despite the 'Distinct Focus' rationale language. TYDE was capitalized with roughly $42 million from a new $33.3 million convertible note plus a $12 million private placement; two of its three business lines had zero revenue at spin-off, and TYDE itself had existed as a legal entity for only about eight months.