Monday, April 07, 2025 6:06:29 PM
"2.1 Directors’ Comments:
There was a significant shift in the Company’s landscape starting in the 2023 fiscal year, with the Company bringing in a relevant asset aimed at increasing equity and strengthening its financial position. In the fourth quarter of 2024, the sale of the Magnesium Silicate asset was approved in a shareholders’ meeting to provide liquidity for the Company, enabling it to diversify its portfolio into more liquid assets and, most importantly, to structure new businesses and take part in projects stemming from its holding activities.
The most significant event for the Company during the year was the incorporation of the assignment of credit rights, which represents a highly valuable asset for the Company. However, it is currently up for sale as it is no longer considered a strategic asset. The Company has been pursuing diversification of its businesses, thereby mitigating risks and increasing profit margins through synergies among its various core operations.
In December 2024, Humbl Inc., a company listed on the U.S. OTC market with approximately 200,000 shareholders and currently undergoing a turnaround process, was acquired. Ybyrá Capital is investing in this acquisition as a gateway to the U.S. capital market. As part of the transaction, the operations of Fincapital Crédito e Pagamentos — a Ybyrá Capital investee — were transferred, with 99% of the operation being transferred to Humbl Inc., representing an equity contribution of R$116,503,170 million as capital increase."
https://api.mziq.com/mzfilemanager/v2/d/008ff0e9-ebe5-4a1f-81d8-2566deb10aa1/2956ec56-3f5e-1547-da16-a24082a0ad28?origin=1
Recent HMBL News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2025 09:00:28 PM
- HUMBL Announces Significant Milestones in Corporate Restructuring Plan • GlobeNewswire Inc. • 09/17/2025 08:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/17/2025 01:00:27 PM
- HUMBL Announces CEO Leadership Transition • GlobeNewswire Inc. • 09/17/2025 01:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2025 02:49:50 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/25/2025 08:00:17 PM
- Form SEC STAFF ACTION - SEC Staff Action: ORDER • Edgar (US Regulatory) • 07/09/2025 03:00:05 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/05/2025 09:30:06 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 05/09/2025 09:31:33 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 04/30/2025 08:47:31 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 04/18/2025 08:05:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 04/09/2025 08:34:05 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 04/01/2025 03:30:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/18/2025 08:10:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/06/2025 10:13:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/06/2025 10:27:27 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 12/26/2024 09:05:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/26/2024 07:25:49 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 12/20/2024 02:43:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/19/2024 09:05:16 PM
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