TAP REAL ESTATE TECHNOLOGIES, INC. (HMBL) Form 8-K — Sep 10, 2026
On September 9, 2026, TAP Real Estate Technologies, Inc. (OTC: RWAX) entered into a Subscription Agreement with Alpenhaus Resort, LLC, transferring its purchase option on the Zermatt Resort in Midway, Utah in exchange for a 2% equity interest (2,000 Class B Non-Voting Units) in Alpenhaus, which closed its acquisition of the resort from Wasatch Springs Management Holdings the same day. Under a concurrent Technology Services Agreement, Alpenhaus agreed to pay TAP a $60,000 upfront technology platform fee and $6,000 per month for ongoing services, with a one-year initial term that auto-renews unless either party gives 90 days notice.
Key figures
- Termination terms
- $60,000 Platform Fee due within 3 business days of execution; $6,000 monthly fee beginning October 10, 2026
- Option transferred
- Option to Purchase Agreement dated March 24, 2026 with Wasatch Springs Management Holdings, LLC, exchanged for the 2% Alpenhaus stake
- Contract initial term
- 1 year with automatic one-year renewals (90 days notice to non-renew)
- Equity units received
- 2,000 Class B Non-Voting Units
- Equity interest percent
- 2
- Upfront platform fee usd
- 60000
- Monthly technology fee usd
- 6000
AI analysis
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