https://ca.finance.yahoo.com/news/humbl-announces-exchange-debt-preferred-123000224.html San Diego, California, Oct. 25, 2023 (GLOBE NEWSWIRE) -- HUMBL, Inc. (OTC: HMBL) announced today that it 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.