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HUMBL announces exchange of debt for preferred stock

HUMBL exchanged approximately $6.5M in debt for 8,775 shares of Series C Preferred Stock. The exchange was consummated with Sartorii, LLC, HUMBL’s largest creditor. The exchange was completed as part of a concerted effort to reduce the company’s outstanding debt. During the calendar year 2023, HUMBL has retired over $28M in debt.

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