HUMBL, Inc. announced that it has entered into Securities Purchase Agreements with five different investors for a private placement of 125,000,000 shares at an issue price of $0.0022 per share for the gross proceeds of $275,000 on May 15, 2023. The company will also issue warrants to purchase 125,000,000 shares of its common shares and are exercisable for a period of five years, have a cashless exercise provision and have an exercise price of $0.005 per share.