HMBL - Humbl acquires BizSecure bloackchain assets in all-stock deal

Humbl (OTCPK:HMBL) stated Monday that it has acquired mobile identification, verifiable credentials and blockchain tokenization platform of BizSecure. The purchase price comprises of BizSecure partners receiving 13.2M shares of common stock and 26.8Mrestricted stock units, at an estimated value of $6.8M. With this acquisition, HUMBL will form a new commercial division called HUMBL Blockchain Services, which will introduce and deliver blockchain corporate and governmental solutions. Stock is down 2.3% in pre-market trading.

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Humbl acquires BizSecure bloackchain assets in all-stock deal