TAP REAL ESTATE TECHNOLOGIES, INC. 8-K

What Happened
TAP Real Estate Technologies, Inc. (RWAX) announced on an 8-K that on March 24, 2026 it entered an Option to Purchase Agreement with Wasatch Springs Management Holdings, LLC to acquire a 60‑day option to buy the Zermatt Resort in Midway, Utah. The Company paid $250,000 for the option, will assume operational control during the 60‑day period, and will conduct due diligence, negotiate with the resort’s creditors/debtholders, and pursue financing and renovation planning.

Key Details

• Option date: March 24, 2026; 60‑day option period.
• Option fee: $250,000 paid by TAP; this fee will be applied toward the purchase price if exercised.
• Purchase terms: If exercised, price would be the appraised value minus any debt assumed or another mutually agreed price.
• Conditions to exercise: successful due diligence, creditor/debtholder restructuring negotiations, capital raising, and completion of preliminary renovation plans.

Why It Matters
This is a potential acquisition and operational expansion for TAP that could materially change its asset base and operations if the option is exercised. The company has committed $250,000 now and will take on operational responsibilities during the option period, but the final purchase depends on successful negotiations, due diligence, and securing financing. Investors should note the short evaluation window (60 days), the possibility of assuming existing debt, and that further disclosures would follow if TAP elects to buy the resort or finalize financing.