Humbl Inc Stock Price, News & Analysis

HUMBL, Inc. (OTC Markets: HMBL) has successfully acquired Tickeri, Inc., a premier Latin-focused ticketing platform, for $20M through a combination of debt and common stock. This acquisition aims to enhance ticketing, remittance, and mobile payment services for Latin American customers. Tickeri has shown impressive growth post-COVID, exceeding previous attendance figures. The deal is expected to synergize HUMBL's blockchain technologies with Tickeri's established audience, facilitating broader expansion into the primary and secondary ticketing markets.

HUMBL, Inc. (OTC Markets: HMBL) has partnered with Athletes First to develop new business verticals in NFTs, digital media, and ticketing. Athletes First, a leading sports agency, will assist HUMBL in curating NFT galleries and offer marketing support. This collaboration aims to leverage Athletes First's extensive roster of NFL talent to create opportunities in mobile payments and blockchain technology. HUMBL CEO Brian Foote highlights the potential benefits for both current and retired athletes within the evolving digital landscape.

HUMBL, Inc. (OTC Markets: HMBL) announced closing of $2,500,000 in financing to bridge a $50,000,000 equity agreement. The company now holds $6,005,615 in cash. The first investor group received $1,530,000 in convertible promissory notes and warrants for 3,000,000 shares at $1.00 each. Archura Capital also invested $1,000,000, receiving a $1,020,000 convertible note. Proceeds will focus on operational expenses and technology team expansion.

CEO Brian Foote expressed gratitude towards investors for their ongoing support.

HUMBL, Inc. (OTC Markets: HMBL) has launched its HUMBL Non-Fungible Token (NFT) Gallery, accessible via HUMBLpay.com. This platform enables content creators to mint NFTs and consumers to purchase them. The initial collection features photography from renowned artists Andrew Small and Jared Raskind, with an auction running until May 28. HUMBL aims to establish itself in the blockchain space, providing services across various sectors, including arts and entertainment.

HUMBL has signed a binding term sheet to acquire Monster Creative, LLC, a leading creative advertising agency focused on the entertainment sector. The acquisition, valued at $7.5 million in HUMBL stock, alongside $500,000 in cash and a $500,000 promissory note, is expected to enhance HUMBL's capabilities in creating multimedia NFTs and ticketing experiences. Monster Creative will operate independently while collaborating with HUMBL. Notable projects by Monster include campaigns for major films and series.

HUMBL, Inc. (OTC Markets: HMBL) announced a strategic reorganization and new appointments across its HUMBL Mobile Pay, HUMBL Marketplace, and HUMBL Financial divisions. Key new hires include Dennis Lee as Senior Advisor, Javier Gonzalez as CTO, and Adam Wolfe as Head of Blockchain Development. These changes aim to enhance technology development and expand product offerings, including blockchain integration and mobile payment features. The company is actively seeking to recruit additional tech talent to support these initiatives.

HUMBL, Inc. (OTC Markets: HMBL) announced the launch of its HUMBL Pay mobile application, available after 2 PM PST on April 16, 2021. This app will enable contactless transactions, allowing customers to pay, tip, and review merchants. The app includes ticketing capabilities and links to HUMBL Financial services. Rollout will occur in phases, starting with the U.S., Canada, Mexico, Australia, Singapore, and New Zealand, with further phases to include several European and Asian countries. Outdoor media campaigns will accompany the launch.

HUMBL, Inc. (OTC Markets: HMBL) has secured a $3,000,000 bridge note from Brighton Capital Partners. The company also signed an Equity Financing Agreement allowing Brighton to purchase up to $50,000,000 of HUMBL common stock at a 20% discount. The bridge loan is backed by a $3,300,000 Convertible Promissory Note, with a 10% interest rate and a fixed conversion price of $3.15 per share. HUMBL can redeem the note as early as 12 months after its issuance or upon S-1 Registration Statement effectiveness.

HUMBL, Inc. (OTCMARKETS: HMBL) announced the launch of its BLOCK Exchange Traded Index (ETX) products, available to U.S. customers starting April 2, 2021. BLOCK ETXs aim to simplify digital asset investing by providing algorithmically driven services that allow users to purchase digital assets via platforms like Coinbase Pro, Bittrex US, and Binance US. Additionally, HUMBL Financial plans to offer comprehensive financial services, including payments and credit. The company is open to licensing these products to institutions.