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San Diego, California, Dec. 14, 2022 (GLOBE NEWSWIRE) — HUMBL, Inc. (OTCQB: HMBL) announced today that HUMBL and GHS Investments, LLC have entered into an Equity Financing Agreement in which GHS Investments has agreed to purchase up to $20,000,000 of HUMBL common stock. The right to cause GHS Investments to purchase these shares is solely at HUMBL’s election.
Pursuant to the Equity Financing Agreement, GHS Investments agreed to purchase up to $20,000,000 of HUMBL common stock following the receipt of put notices from HUMBL and subject to certain conditions. If HUMBL elects to cause GHS Investments to purchase shares, the shares will be purchased at a 20% discount to the average of the three lowest closing prices of HUMBL’s common stock in the prior 10 trading days….
