On March 24, 2026, TAP Real Estate Technologies, Inc. (the "Company") entered into an Option to Purchase Agreement with Wasatch Springs Management Holdings, LLC for the potential acquisition of the Zermatt Resort located in Midway, Utah. The Company has secured a 60-day option to purchase the resort, having paid $250,000 for this option. During this period, TAP will assume operational control of the resort, conduct due diligence, and negotiate with the resort's creditors regarding a potential purchase. If the option is exercised, the purchase price will be based on the appraised value of the property, minus any debt assumed by the Company, or another mutually agreed price. The $250,000 paid for the option will be credited towards the purchase price if the option is exercised. The decision to proceed with the purchase will depend on several factors, including successful completion of due diligence, negotiations with creditors, and capital raising discussions. If the Company decides to exercise the option, it intends to operate the resort and undertake renovations.

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