tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

HUMBL Restructures Joint Venture with Multicortex

Story Highlights
HUMBL Restructures Joint Venture with Multicortex

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from HUMBL ( (HMBL) ).

On July 21, 2025, HUMBL, Inc. entered into a Termination Agreement with Multicortex, LLC, effectively restructuring their previous Joint Venture Agreement from April 3, 2025. The new agreement provides HUMBL with an option to purchase a 51% stake in Multicortex for $3,000,000 within a year, while eliminating the obligation to share 15% of Regulation A+ proceeds with Multicortex. This move allows HUMBL greater flexibility and control over potential proceeds and more time to assess Multicortex’s business prospects.

More about HUMBL

Current Market Cap: $4.14M

For an in-depth examination of HMBL stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1