secwatch.observer — SEC 8-K summary
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Issuer:     TAP REAL ESTATE TECHNOLOGIES, INC. (RWAX)
CIK:        0001119190
Form:       8-K
Filed at:   2023-08-04T23:59:59+00:00
Accession:  0001493152-23-026900
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HUMBL enters IT consulting deal; issues 389M shares, $500K cash, and Bored Ape NFT as collateral
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- Issues 389M shares (floor $0.0030) to BRU for past due invoices; up to 120M additional shares on milestones.
- Cash: $100K within 10 days, $400K note (0% interest), plus $41,667/mo for 3 years for IT support.
- Transfers Bored Ape Yacht Club NFT #7937 as collateral until note obligations paid.
- Three-year term; BRU can terminate with 30 days' notice; company termination only for material breach.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1119190/000149315223026900/0001493152-23-026900-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1119190/000149315223026900/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-026900

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