TAP REAL ESTATE TECHNOLOGIES, INC.

TAP Real Estate Technologies, Inc. announced two significant agreements: a Subscription Agreement and a Technology Services Agreement with Alpenhaus Resort, LLC. Through the Subscription Agreement, TAP Real Estate transferred its option to purchase the Zermatt Resort to Alpenhaus in exchange for a 2% equity interest in Alpenhaus. Concurrently, Alpenhaus acquired the Zermatt Resort. The Technology Services Agreement appoints TAP Real Estate as the exclusive provider of digital infrastructure and strategic technology services to the Zermatt Resort, including access to TAP's real estate technology platform, for which Alpenhaus will pay $60,000 upfront and $6,000 monthly. TAP also secured exclusive rights for any tokenization services related to the resort.

TAP Real Estate Technologies, Inc., formerly HUMBL, Inc., has completed a strategic rebrand to focus on real estate asset acquisition, ownership, and blockchain-enabled real estate tokenization. The company secured $500,000 in initial investment capital for this transition. Despite the strategic shift, the company reported a net loss of $4.51 million for the six months ended June 30, 2026, and its working capital deficit grew to $3.29 million. Management has expressed substantial doubt about the company's ability to continue as a going concern.

TAP Real Estate Technologies, Inc. has entered into an Amended and Restated License Agreement with TAP, Inc., securing a perpetual, exclusive, and royalty-free license for TAP's token engine, blockchain registry, wallet, and related technology in the real estate sector. This agreement supersedes the original license set to expire on June 30, 2026. The total license fee is $700,000, of which $695,000 has already been paid, with the remaining $5,000 due by September 30, 2026.

TAP Real Estate Technologies, Inc. announced an extension to its Option to Purchase Agreement with Wasatch Springs Management Holdings, LLC for the Zermatt Resort in Midway, Utah. The original 60-day option, entered into on March 24, 2026, was extended for an additional 90 days through an addendum signed on May 22, 2026. This extension provides the parties more time to secure financing and operational resources necessary to consummate the potential acquisition.

TAP Real Estate Technologies, Inc. (formerly HUMBL, Inc.) reported a net loss of $2.96 million for the three months ended March 31, 2026, a significant change from a net income of $12.84 million in the prior year, which included a gain on disposal of discontinued operations. The company had no revenue from continuing operations and a cash balance of only $6,682 as of March 31, 2026. Management expressed substantial doubt about the company's ability to continue as a going concern, citing operating losses and a working capital deficit of $3.59 million. The company recently rebranded to focus on real estate asset acquisition and blockchain-enabled tokenization, securing $500,000 in initial investment capital and entering a licensing agreement with TAP, Inc.

TAP Real Estate Technologies extended its technology license agreement with TAP, Inc. through an amendment effective March 31, 2026, pushing the expiration date to June 30, 2026. This extension allows both parties additional time to negotiate a final license agreement, which is crucial for TAP Real Estate Technologies as it relies on the licensed technology for its operations.