Form 8-K/A - Current report: [Amend]
July 03 2023 - 11:40AM
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K/A
(Amendment No. 2)
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May
22, 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 ☐
Background.
This
Second Amendment to Form 8-K filed May 22, 2023 notifies investors that due our consultant’s inability to obtain access to the
software code and underlying technology stack, we have been unable to finance the purchase of certain short form video assets from Cyber
Space LLC. The transaction has been mutually canceled and we are pursuing this opportunity organically
and through our affiliates.
FOMO WORLDWIDE, INC. is referred to in this Current
Report on Form 8-K as “FOMO,” the “Company,” “we,” or “us.”
Item 1.01 Entry into a Material Definitive Agreement.
On June 6, 2023, we signed
a definitive agreement to buy certain short form video assets and intellectual property of Cyber Space, LLC to combine with programming
code we developed over the past four years to create a new social network to be named Goccha! (https://www.goccha.net/). Consideration
for the transaction includes $100,000 cash and $50,000 in Restricted Series B Preferred stock priced at $0. 50 per share (convertible
into 100,000,000 common shares based on a common stock price of $0.0005 and a 1-1,000 conversion ratio). There are no assurances we will
be able to fund the project or close the purchase based on current market conditions.
Item 7.01 Regulation FD Disclosure.
On May 22, 2023, we assumed
a letter of intent to buy certain short form video assets and intellectual property of Cyber Space, LLC. With such assets, we have notified
investors of our plans to launch a video platform married to the code of our wholly owned subsidiary KANAB CORP. @ www.goccha.net.
There are no assurances we will be able to fund the project or close the purchase, which requires $100,000 cash and $50,000 in preferred
stock to be issued to the sellers.
Item 9.01 Financial Statements and Exhibits.
*Included by reference in Form 8K/A filed June 12,
2023.
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: July 3, 2023 |
By: |
/s/ Vikram Grover |
|
|
Vikram Grover |
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