Brief: Humbl Announces Entry Into Agreement To Acquire Agora Digital In All Stock Transaction

Riskon International

11/08/2022 22:41

Aug 11 (Reuters) - Humbl Inc  HMBL.PK :
    * HUMBL ANNOUNCES ENTRY INTO AGREEMENT TO ACQUIRE AGORA
DIGITAL IN
ALL STOCK TRANSACTION
    * HUMBL- PRIMARY CLOSING CONDITION IS ECOARK REQUIRED TO
SOURCE
MINIMUM $10 MILLION IN CAPITAL FOR CO PRIOR TO TRANSFER OF
OWNERSHIP OF AGORA DIGITAL TO CO
    * HUMBL - OWNERS OF AGORA DIGITAL WOULD RECEIVE $60 MILLION
IN NEW
CLASS OF PREFERRED STOCK IN CONSIDERATION FOR SELLING THEIR
INTERESTS IN AGORA DIGITAL

Source text for Eikon:  ID:nGNX2GGq2y 
Further company coverage:  HMBL.PK 

 ((Reuters.Briefs@thomsonreuters.com;))