---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-023240"
form_type: "8-K"
ticker: "RWAX"
cik: "0001119190"
company_name: "TAP REAL ESTATE TECHNOLOGIES, INC."
filed_at: "2022-08-16T23:59:59+00:00"
generated_at: "2026-06-23T23:21:03.371036+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# HUMBL to acquire Agora Digital via $60M Series C preferred stock exchange

## Summary
- Exchange 6,000 Series C preferred shares (stated value $60M) for all Agora Digital shares and a $5.4M promissory note from Ecoark.
- Closing conditions: HUMBL needs $10M+ capital commitments; Agora Digital must have $1M+ cash at closing.
- Series C convertible into 1 billion common shares at $0.06/share; Ecoark gets 4,876 of the 6,000 preferred shares.
- Agora Digital shareholders receive 585 shares; Ecoark receives 539 shares for cancelling the note.
- Deal can be terminated if conditions not met by Sept 30, 2022; Agora Digital gets two board seats on expanded seven-member board.

## SEC filing metadata
- accession: 0001493152-22-023240
- form_type: 8-K
- ticker: RWAX
- cik: 0001119190
- company_name: TAP REAL ESTATE TECHNOLOGIES, INC.
- filed_at: 2022-08-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1119190/000149315222023240/0001493152-22-023240-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1119190/000149315222023240/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-023240
- JSON: https://secwatch.observer/filing/0001493152-22-023240.json
- Plain text: https://secwatch.observer/filing/0001493152-22-023240.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.