secwatch.observer — SEC 8-K summary
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Issuer:     TAP REAL ESTATE TECHNOLOGIES, INC. (RWAX)
CIK:        0001119190
Form:       8-K
Filed at:   2022-11-18T23:59:59+00:00
Accession:  0001493152-22-032971
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HUMBL enters $2.2M line of credit and $2.2M settlement with Forwardly over warrant
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- Enters 12-month $2.2M line of credit with Sartorii, LLC at 5% interest; draws capped at $440k/month, unsecured.
- Settlement with Forwardly: pays $2.2M in five monthly installments of $440k from Nov 2022 to Mar 2023.
- Forwardly returns warrant to purchase up to 125M shares; retains 10M shares previously bought for $2M.
- Line of credit proceeds expected to fund settlement payments and general working capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1119190/000149315222032971/0001493152-22-032971-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1119190/000149315222032971/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-032971

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