Humbl Inc Stock Price, News & Analysis

HUMBL (OTCQB: HMBL) has launched a digital collectibles NFT program in partnership with the Rugby League Samoa Alliance. Fans can now collect unique NFTs of their favorite Samoa players in their HUMBL wallets, which can also be linked to various merchandise and experiences. The NFTs will be verified by BLOCKS and authenticated on the BLOCKS Registry, ensuring lifetime tracking. The partnership aims to enhance digital fan engagement and boost support for grassroots programs, while HUMBL continues to explore innovative solutions in the sports and entertainment sectors.

HUMBL announced the acquisition of BM Authentics, a provider of sports merchandise, to enhance its product offerings. The deal involved 90 million shares of HUMBL stock and $110,000 in cash. This strategic move aims to integrate verified sports memorabilia into the HUMBL platform, utilizing blockchain for authentication and tracking. Brian Meltzer from BM Authentics joins HUMBL as Vice President, Sales and Revenue, emphasizing the importance of combating fraud in the collectibles market. The acquisition aligns with HUMBL's goal to drive product sales and revenues through innovative technology.

HUMBL, Inc. (OTC Markets: HMBL) has announced a strategic technology partnership with Great Foods2Go (GF2GO) in San Diego, aimed at enhancing technology solutions for cloud kitchens and delivery services. The collaboration will integrate HUMBL’s technologies, including Wallet and Pay, to support GF2GO and its sub-brand 1Delivery. The partnership will initially focus on a cloud kitchen location that currently handles over 2,000 food orders monthly across 30 virtual brands. This location will serve as a testing ground for the best technology mix to optimize delivery services, with plans for future expansion.

HUMBL CEO Brian Foote has retired an additional 45,000 Series B Preferred Stock shares, equating to 450,000,000 common shares, enhancing efforts to reduce shareholder dilution. This retirement adds to a total of approximately 774,917,333 common shares retired at his personal expense. The market value of this latest action is around $13,500,000. Foote stated the move supports HUMBL's fundraising and acquisitions strategies.

HUMBL, Inc. has announced the termination of its Securities Exchange Agreement to acquire Agora Digital Holdings, Inc., a subsidiary of Ecoark, due to failure to agree on key terms. The transaction, initially valued at $60 million in preferred stock, could not meet closing conditions despite diligent efforts. Additionally, HUMBL accepted the resignation of Brad Hoagland from its Board of Directors. The company continues to seek viable merger and acquisition opportunities and remains active in partnerships across notable sports organizations.

HUMBL has signed a definitive agreement to acquire Agora Digital Holdings, a blockchain technology firm specializing in Bitcoin mining, as part of its strategy to uplist to a national exchange. The acquisition is contingent upon Ecoark Holdings securing $10 million in funding for HUMBL. Agora Digital's owners will receive $60 million in preferred stock. This acquisition enhances HUMBL's capabilities in digital asset mining and leverages Agora's established infrastructure and management experience for future growth.

HUMBL announces the launch of a 3D brand metaverse store, 'House of Hayes', featuring MLB player Ke’Bryan Hayes and his father, Charlie Hayes. The store will be accessible on desktop and interactive headsets, allowing fans to engage with the Hayes family's baseball careers and shop for endorsed products. Customers can earn limited 'Into the Metaverse' NFTs by connecting to the HUMBL Wallet. The store is currently in beta and aims to open before the end of the MLB 2022 regular season, marking HUMBL's commitment to becoming a leader in Web 3 Commerce.

HUMBL, Inc. (OTCQB:HMBL) announced a brand endorsement deal with NFL star Myles Garrett at NFT.NYC 2022. This collaboration will kick off with a limited edition Myles Garrett NFT Collection, launching in late July 2022. The collection will feature authentic NFTs with original art and sound, linked to physical merchandise like signed footballs. Sales will support Waterboys.org, a clean water initiative. The NFTs will be authenticated through BLOCKS, with environmental impacts offset via carbon credits. The partnership aims to promote HUMBL's Web 3 blockchain platform.

HUMBL, Inc. (OTC Markets: HMBL) launched Search 3, a new cross-chain search engine aimed at easing access to Web 3, on June 1, 2022. This platform allows users to search NFTs across multiple blockchains, including Ethereum and Solana, and features a HUMBL Web Wallet for managing digital assets.

Consumers can verify NFTs through the 'Verified by BLOCKS' protocol, enhancing security against fraud. The company plans to monetize Search 3 via advertising, marketplace commissions, and loyalty programs. The search engine aims to simplify digital transactions for users.