The HUMBL Inc stock may have been in the middle of an incredible rally not too long ago but it has declined since hitting its recent peak. Since that point, the HUMBL Inc (OTC: TSNPD) stock has gone down by as low as 65%.
However, it is still necessary to point out that such corrections can often prove to be a buying opportunity for new investors. Yesterday, the company made a major announcement with regards to a stock sale to Aurea Group, which is made out of Chile.
HUMBL announced that it signed a Securities Purchase Agreement with the multi-family office Aurea Group. By way of the agreement, Aurea is not only going to acquire HUMBL common stock but also grant HUMBL the country’s rights in Chile. The transaction is worth as much as $7500000 and marks a major development for HUMBL. It now remains to be seen if this particular development can actually come as a boost for the HUMBL stock.
Finance and Entertainment Reporter
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