---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-010769"
form_type: "8-K"
ticker: "RWAX"
cik: "0001119190"
company_name: "TAP REAL ESTATE TECHNOLOGIES, INC."
filed_at: "2025-03-18T23:59:59+00:00"
generated_at: "2026-05-24T13:11:14.240824+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# HUMBL issues $550K convertible note to Quail Hollow Capital; net proceeds $500K

## Summary
- Issued $550,000 convertible promissory note to Quail Hollow Capital at $500,000 purchase price (10% discount).
- Note matures in 12 months, interest 10%; conversion price lower of $0.0006 or 70% of lowest closing trade in prior 10 days.
- Proceeds to fund public company costs (audits, accounting, legal, compliance) and support North American/Latin American expansion.
- CEO Thiago Moura states investment reflects confidence; company focused on reducing burn rate, achieving profitability, uplisting.

## SEC filing metadata
- accession: 0001493152-25-010769
- form_type: 8-K
- ticker: RWAX
- cik: 0001119190
- company_name: TAP REAL ESTATE TECHNOLOGIES, INC.
- filed_at: 2025-03-18T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1119190/000149315225010769/0001493152-25-010769-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1119190/000149315225010769/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-010769
- JSON: https://secwatch.observer/filing/0001493152-25-010769.json
- Plain text: https://secwatch.observer/filing/0001493152-25-010769.txt

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