HUMBL Secures $550,000 Convertible Promissory Note

HUMBL ( (HMBL) ) has shared an update.

On March 14, 2025, HUMBL, Inc. issued a $550,000 Convertible Promissory Note to Quail Hollow Capital, LLC, with a purchase price of $500,000, due in 12 months with a 10% interest rate. This strategic investment is intended to bolster HUMBL’s financial position, supporting business initiatives and operations in North and Latin America. The investment signifies confidence in HUMBL’s strategic direction, aiding in reducing debt, driving revenue, and aiming for profitability and uplisting to a senior exchange.

More about HUMBL

HUMBL, Inc. has transitioned into a strategic holding company focusing on high-value joint ventures, mergers, acquisitions, and sales distribution agreements. The company aims to bridge North American and Latin American markets by leveraging access to physical assets and distribution networks, creating economic opportunities. Under CEO Thiago Moura, HUMBL has shifted to a shareholder value-driven approach, utilizing Ybyra Capital’s established presence in Latin America for strategic market access and growth.

Current Market Cap: $12.44M

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