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home / news releases / HMBL - HUMBL announces financing arrangement with Brighton Capital


HMBL - HUMBL announces financing arrangement with Brighton Capital

HUMBL ([[HMBL]] -1.9%) says it has entered into an equity financing agreement with Brighton Capital, which has agreed to purchase up to $50M of HUMBL's common shares at 20% discount.In addition, the company has closed a loan of $3M in cash with Brighton Capital in exchange of convertible promissory note that bears an interest of 10% per annum. The notes are convertible at $3.15 per share, at Brighton Capital’s discretion.Press Release

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HUMBL announces financing arrangement with Brighton Capital
Stock Information

Company Name: HUMBL Inc
Stock Symbol: HMBL
Market: OTC
Website: humbl.com

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