Current Report Filing (8-k)
June 15 2023 - 9:01AM
Edgar (US Regulatory)
0000867028
false
0000867028
2023-06-15
2023-06-15
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of Report (Date of earliest event reported): June 15, 2023
FOMO
WORLDWIDE, INC.
(Exact
name of Registrant as specified in its Charter)
california |
|
001-13126 |
|
83-3889101 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
No.) |
|
(IRS
Employer
Identification
No.) |
831
W North Ave., Pittsburgh, PA 15233
(Address
of principal executive offices)
(630)
708-0750
(Registrant’s
Telephone Number)
(Former
name or address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
symbol(s) |
|
Name
of each exchange on which registered |
Common |
|
FOMC |
|
OTC Pink Current |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2) ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐
FOMO
WORLDWIDE, INC. is referred to in this Current Report on Form 8-K as “FOMO,” the “Company,” “we,”
or “us.”
Item
1.02 Termination of a Material Definitive Agreement.
On
June 15, 2023, FOMO and Himalaya Technologies, Inc. (“Himalaya”) mutually agreed to unwind and modify the previous sale and
purchase of KANAB CORP. and licensing agreement for social media software underlying the business. The parties have agreed to reverse
Himalaya’s May 10, 2023 sale of 100% of the shares of KANAB CORP. to FOMO WORLDWIDE, INC. for $17,017 in equal amount of forgiveness
of a convertible loan provided to Himalaya Technologies, Inc. on June 28, 2021 and amended on November 9, 2021 and September 1, 2022.
As
part of the unwind and modification, the 100,000 Series B shares issued for a license to KANAB CORP.’s social media platform on
May 31, 2023 by Himalaya to FOMO will remain validly issued, while the $17,017 loan forgiveness by FOMO to Himalaya for monies previously
funded also remains effective (canceled).
As
a result, Himalaya Technologies, Inc. will be the 100% owner of KANAB CORP. including its wholly owned cannabis social media site and
social media code @ https://www.kanab.club/. The mutual agreement paperwork is included herein as Exhibit 10.1. The transaction
is expected to close June 16, 2023.
Item
9.01. Exhibits
(a)
Exhibits. The following exhibits are filed with this Current Report on Form 8-K:
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
|
FOMO WORLDWIDE, INC. |
|
|
|
Date:
June 15, 2023 |
By: |
/s/ Vikram
Grover |
|
|
Vikram Grover |
FOMO (PK) (USOTC:FOMC)
Historical Stock Chart
From May 2024 to Jun 2024
FOMO (PK) (USOTC:FOMC)
Historical Stock Chart
From Jun 2023 to Jun 2024