---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-026329"
form_type: "8-K"
ticker: "RWAX"
cik: "0001119190"
company_name: "TAP REAL ESTATE TECHNOLOGIES, INC."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T11:30:24.505260+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# HUMBL raises $375k via convertible notes and warrants with high dilution potential

## Summary
- Issued three $125k convertible promissory notes to three investors, raising $375k.
- Notes bear 10% interest, due in 12 months; convertible at lowest closing price in 10 days post-issuance.
- Warrants to purchase 187.5M common shares at $0.002/share, exercisable for 5 years with cashless exercise.
- Securities sold in unregistered private placement exempt under Section 4(a)(2) of the Securities Act.
- Conversion price based on future trading price introduces significant potential dilution for existing shareholders.

## SEC filing metadata
- accession: 0001493152-23-026329
- form_type: 8-K
- ticker: RWAX
- cik: 0001119190
- company_name: TAP REAL ESTATE TECHNOLOGIES, INC.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1119190/000149315223026329/0001493152-23-026329-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1119190/000149315223026329/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-026329
- JSON: https://secwatch.observer/filing/0001493152-23-026329.json
- Plain text: https://secwatch.observer/filing/0001493152-23-026329.txt

## Key facts
- Material Agreements
  TAP REAL ESTATE TECHNOLOGIES, INC. entered into Securities Purchase Agreements with three different investors valued at total purchase price of $375,000.00 (effective 2023-07-26).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: three different investors
  - Value: total purchase price of $375,000.00
  - Effective: 2023-07-26
  source text: On July 26, 2023, HUMBL, Inc. (“HUMBL”) entered into Securities Purchase Agreements with three different investors (the “Purchase Agreements”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1119190/000149315223026329/0001493152-23-026329-index.htm

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