Cryptocurrency Q&A
How much debt did humbl exchange for Series C preferred stock?
How much debt did humbl exchange for Series C preferred stock?
Isabella
Sat Jul 20 2024
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7 answers
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As a keen observer of the cryptocurrency and finance landscape, I'm curious to delve deeper into the financial transactions of Humbl. Could you elaborate on the amount of debt that Humbl exchanged for Series C preferred stock? The specific figures and details of such a transaction are crucial for investors and stakeholders to make informed decisions. Additionally, it would be valuable to understand the strategic implications of this debt-to-equity swap and how it aligns with Humbl's long-term growth plans.
7 answers
CryptoEnthusiast
Mon Jul 22 2024
On October 25, 2023, in San Diego, California, HUMBL, Inc. (OTC: HMBL) disclosed a significant financial transaction.
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GangnamGlitzGlamourGloryDays
Sun Jul 21 2024
By acquiring a substantial number of preferred shares, Sartorii LLC is likely to gain significant influence in HUMBL's future decision-making processes.
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ShintoBlessed
Sun Jul 21 2024
In a press release distributed by GLOBE NEWSWIRE, the company announced the exchange of approximately $6.5 million in debt.
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PhoenixRising
Sun Jul 21 2024
The debt was exchanged for 8,775 shares of Series C Preferred Stock.
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Chiara
Sun Jul 21 2024
HUMBL's actions demonstrate its ability to find innovative solutions to address financial challenges, which is crucial for the continued growth and success of the company.
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