other material
confidence high
sentiment neutral
materiality 0.65
HUMBL exchanges ~$6.5M in promissory notes for 8,775 Series C Preferred shares
TAP REAL ESTATE TECHNOLOGIES, INC.
- Exchanged seven promissory notes totaling ~$6.5M for 8,775 shares of Series C Preferred Stock.
- Exchange conducted under Section 3(a)(9) of the Securities Act; no cash consideration involved.
- Investor Rights Agreement includes one demand registration right and a one-year leak-out period post-uplist.
- Company prohibited from entering variable rate transactions until uplist consummation.