Avrio Worldwide, PBC /
HUMBL, Inc.
Avrio Worldwide, PBC buys HUMBL financial product assets
What happened
Avrio Worldwide, PBC and HUMBL, Inc. entered into an asset purchase agreement for assets associated with HUMBL’s HUMBL Financial product line, including intellectual property for BLOCK Indexes and BLOCK ETXs. The transaction closed on Feb. 23, 2024.
HUMBL received 1,920,000 shares of Avrio’s Class A Common Stock and a 2.5% share of net revenues generated by sales of the acquired assets. Terms included $5,000,000.00 plus the Revenue Share.
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Avrio Worldwide, PBC buys HUMBL financial product assets
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