secwatch.observer — SEC 8-K summary
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Issuer:     TAP REAL ESTATE TECHNOLOGIES, INC. (RWAX)
CIK:        0001119190
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001493152-22-031011
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HUMBL acquires BM Authentics sports merchandise business for $1.685M in stock and cash
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- Total purchase price $1,685,000: $110,000 cash and 90M restricted shares of HMBL common stock.
- Initial 15M shares due within 30 days of Nov 2, 2022; remaining 75M shares due within 5 days of reverse split.
- Sellers Brian Meltzer and Robin Burns agree to 3-year non-compete and confidentiality covenants.
- Buyer assumes no liabilities; sellers indemnify for pre-closing product claims. Sellers granted repurchase right for $10 if HMBL bankrupt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1119190/000149315222031011/0001493152-22-031011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1119190/000149315222031011/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-031011

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