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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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 December 1, 2022, we signed a one-year unsecured financing agreement that will net us $109,060 after refinancing of $86,940 remaining balance on a loan entered into with the same lender on March 31, 2022 and less $4,000 in original issue discount (“OID”). We can benefit from early payment discounts based on retirement of the loan in months 1-10. There is no equity component to the loan or dilution to shareholders. A copy of the Agreement is included herein as Exhibit 10.1.
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 WORLDWIDE, INC. Capitalized Loan Agreement - December 1, 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 WORLDWIDE, INC. | ||
| Date: December 2, 2022 | By: | /s/ Vikram Grover |
| Vikram Grover | ||