Current Report Filing (8-k)
January 07 2022 - 5:12PM
Edgar (US Regulatory)
0000867028
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0000867028
2022-01-07
2022-01-07
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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): January 7, 2022
FOMO
CORP.
(Exact
name of Registrant as specified in its Charter)
california
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|
001-13126
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83-3889101
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(State
or other jurisdiction
of
incorporation)
|
|
(Commission
File
No.)
|
|
(IRS
Employer
Identification
No.)
|
1
E Erie St, Ste 525 Unit #2250, Chicago, IL 60611
(Address
of principal executive offices)
(630)
286-9560
(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)
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☐
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
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Trading
symbol(s)
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Name
of each exchange on which registered
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Common
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FOMC
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OTC
Pink
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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
CORP. is referred to herein as “FOMO”, “the Company”, “we”, or “us”.
Item
7.01 Regulation FD Disclosure.
Over
the past two days, FOMO and the owner of its acquisition target SMARTsolution Technologies, Inc. (“SST”; https://smarterguys.com/)
held several meetings with institutional investors and family offices. SST disclosed that it generated total annual revenues in 2019
- 2020 of “just under $4 million” with positive cashflow and/or net profits, and that it received total orders of “$8
million in 2021”. Much of that order book, which remains today in multiple six-figure orders and one-seven figure order of four
hundred whiteboards, was unable to be fulfilled due to supply chain disruption. The Company’s interactive whiteboard vendor SMART
in Canada (owned by Foxconn) chartered its own ship(s) from Asia and delivered equipment to Canada, bypassing the bottleneck at the ports
of Los Angeles and opening up its ability to supply preferred vendors such as SST. The Company has negotiated favorable terms with SMART
and expects to fulfill much of its order book during the next 3-6 months. FOMO and SST, subject to debt refinancing of several hundred
thousand dollars of bank debt and high interest loans, intend to close their signed business combination on or before January 31, 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.
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FOMO
CORP.
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Date:
January 7, 2022
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By:
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/s/
Vikram Grover
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Vikram
Grover
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Chief
Executive Officer
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