Welcome to our dedicated page for Humbl news (Ticker: HMBL), a resource for investors and traders seeking the latest updates and insights on Humbl stock.
Humbl Inc (HMBL) delivers innovative digital ticketing solutions through secure authentication protocols and transaction efficiency. This news hub provides investors and industry stakeholders with essential updates about the company's evolving position in event management and digital commerce.
Access official press releases and verified news covering quarterly earnings, strategic partnerships, and technology developments. Our curated collection helps users track HMBL's progress in reducing ticketing fraud while maintaining competitive fee structures.
Discover updates about platform enhancements, market expansion initiatives, and leadership announcements. All content is organized chronologically for efficient research and decision-making.
Bookmark this page for continuous access to HMBL's latest operational milestones. Verify time-sensitive details directly through company filings and official communications.
HUMBL, a digital technology platform, has renewed its partnership with the Oregon Blackbears to expand their digital ticketing program. This initiative leverages HUMBL's verified profiles and new digital technologies, aiming to enhance the fan experience by improving ticket cost, transparency, and digital authenticity. The program will integrate advancements in digital wallets and blockchain technology for future 2024 home games, providing fans with secure and authentic ticketing and merchandise options.
HUMBL (OTC: HMBL) announced a significant reduction in its stockholders' deficit by over $33 million since the end of 2022. As of March 31, 2024, the deficit was reduced from $35,289,568 to $1,809,551. This achievement was attributed mainly to the conversion of debt into equity, cost negotiation with vendors and service providers, and streamlining the budget to reduce cash burn and operating expenses. CEO Brian Foote highlighted the company's commitment to cleaning up its balance sheet and improving financial health, emphasizing these efforts as top priorities over the past years.