Exhibit 10.1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
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Securities Exchange Act of 1934
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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):
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Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||
| 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
FOMO CORP. is referred to herein as “FOMO”, “the Company”, “we”, or “us”.
Item 3.02 Unregistered Sales of Equity Securities.
On January 14, 2022, FOMO sold an institutional investor $220,000.00 face amount of 10% unsecured junior convertible debt with a fixed conversion price of $0.001 and one-year maturity. FOMO also issued the investor 110,000,000 common stock purchase warrants with an exercise price of $0.002 and a three-year expiration. After original issue discount (“OID”) and fees, the financing netted the Company $200,000.00.
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. – GS Capital Loan Agreement – January 14, 2022 | |
| 10.2 | FOMO CORP. – GS Capital Warrant Agreement – January 14, 2022 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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 CORP. | ||
| Date: January 24, 2022 | By: | /s/ Vikram Grover |
| Vikram Grover | ||
| Chief Executive Officer | ||
Exhibit 10.1
Exhibit 10.2
