other material
confidence high
sentiment neutral
materiality 0.60
HUMBL terminates $60M acquisition of Agora Digital; Director Brad Hoagland resigns
TAP REAL ESTATE TECHNOLOGIES, INC.
- Terminated $60M (preferred stock) acquisition of Agora Digital Holdings (Ecoark subsidiary) announced Aug 11, 2022.
- Parties mutually agreed to terminate after failing to agree on key closing conditions.
- Brad Hoagland (CEO of Agora Digital, former Ecoark CFO) resigned from HUMBL Board of Directors.
- HUMBL to continue reviewing M&A candidates; acquired four companies since June 2021.