0000867028 true 0000867028 2022-07-25 2022-07-25 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K/A

(Amendment No. 3)

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): July 25, 2022

 

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

 

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 Third Amendment to Form 8K filed on March 1, 2022 includes a Second Amendment to our first lien credit facility secured by all of our holding company and subsidiary assets adding the collateralization of our recently formed wholly owned subsidiary Diamond Technology Solutions LLC, which we are utilizing to offer audio visual technology products and services other than SMART Technologies, the primary vendor to our separate wholly owned subsidiary SMARTSolution Technologies, Inc. The Amended Agreement, which was signed July 25, 2023 by our lender, removes previously owned subsidiary IAQ Technologies LLC since that business was previously merged into our subsidiary Energy Intelligence Center LLC. A copy of the Amended Loan Agreement is included herein as Exhibit 10.4.

 

FOMO WORLDWIDE, INC. pka FOMO CORP. is referred to herein as “FOMO”, the “Company”, “we”, or “us”.

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On February 28, 2022, FOMO entered into a Promissory Note for up to $1,000,000 with Thermo Communications Funding, LLC. The loan is secured by all of the assets of FOMO including SMARTsolution Technologies LP (“SST”), IAQ Technologies, LLC, Energy Intelligence Center LLC, and various investment assets of the Company. Furthering the closing, FOMO’s CEO Vikram Grover signed a limited recourse guaranty providing personal guaranties to support the loan. Proceeds were used to retire existing debt obligations of SST and to pay broker fees.

 

Item 9.01. Exhibits.

 

(a) Exhibits. The following exhibits are filed with this Current Report on Form 8-K:

 

Exhibit No.   Description
10.1   FOMO CORP. Thermo Communications Funding Promissory Note – February 28, 2022*
10.2   FOMO CORP. Thermo Communications Funding Loan & Security Agreement – February 28, 2022*
10.3   Vikram Grover Limited Recourse Guaranty – February 28, 2022*
10.4   FOMO WORLDWIDE, INC. Thermo Credit LLC Amended Loan Agreement – July 16, 2023
104    Cover Page Interactive Data File (embedded within the inline XBRL Document)


*Included by reference to Form 8-K/A filed March 14, 2022.

 

 

 

 

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 26, 2023 By: /s/ Vikram Grover
    Vikram Grover
    Chief Executive Officer

 

 

 

 

Exhibit 10.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Jul. 25, 2022
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Document Type 8-K/A
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Amendment Description Amendment No. 3
Document Period End Date Jul. 25, 2022
Entity File Number 001-13126
Entity Registrant Name FOMO WORLDWIDE, INC.
Entity Central Index Key 0000867028
Entity Tax Identification Number 83-3889101
Entity Incorporation, State or Country Code CA
Entity Address, Address Line One 831 W North Ave.
Entity Address, City or Town Pittsburgh
Entity Address, State or Province PA
Entity Address, Postal Zip Code 15233
City Area Code (630)
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Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common
Trading Symbol FOMC
Entity Emerging Growth Company true
Elected Not To Use the Extended Transition Period true

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