---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-021002"
form_type: "8-K"
ticker: "RWAX"
cik: "0001119190"
company_name: "TAP REAL ESTATE TECHNOLOGIES, INC."
filed_at: "2025-07-25T23:59:59+00:00"
generated_at: "2026-05-18T00:49:35.461547+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# HUMBL terminates Multicortex JV, gains option to buy 51% for $3M within one year

## Summary
- Terminated April 3, 2025 JV; Multicortex was to be 51% subsidiary after $3M payment.
- HUMBL receives 1-year option to purchase 51% of Multicortex for $3,000,000.
- HUMBL's obligation to pay 15% of Regulation A+ proceeds to Multicortex is eliminated.
- Shares of HUMBL common stock issued to Multicortex founders Bruno Ghizoni and Alessandro Faria cancelled.
- HUMBL to continue sales support for Multicortex; parties to negotiate sales commissions in good faith.

## SEC filing metadata
- accession: 0001641172-25-021002
- form_type: 8-K
- ticker: RWAX
- cik: 0001119190
- company_name: TAP REAL ESTATE TECHNOLOGIES, INC.
- filed_at: 2025-07-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1119190/000164117225021002/0001641172-25-021002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1119190/000164117225021002/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-021002
- JSON: https://secwatch.observer/filing/0001641172-25-021002.json
- Plain text: https://secwatch.observer/filing/0001641172-25-021002.txt

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