HUMBL Inc (HMBL)

[StockGod]

DILUTION The sale of shares of our common stock by the Selling Stockholders, may have a dilutive impact on our stockholders.



Our net tangible book value as of September 30, 2021 was approximately ($22,411,123) or ($0.02436) per share. Net tangible book value per share is determined by dividing our total tangible assets, less total liabilities, by the number of shares of common stock outstanding as of September 30, 2021. Dilution with respect to net tangible book value per share represents the difference between the amount per share paid by the Selling Stockholders, and the net tangible book value per share of common stock immediately after such issuances to the Selling Stockholders.



After giving effect to the issuance of 254,958,294 shares of our common stock to the other Selling Stockholders at the assumed sale prices ranging from $0.20 to $1.00 per share, and after deducting estimated offering expenses payable by us, our as adjusted net tangible book value as of September 30, 2021 would have been approximately $16,826,377, or $0.01423 per share.