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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Background.
This First Amendment to Form 8-K filed June 22, 2023 notifies investors that our Board of Directors has approved the transfer of 100% of the operating assets of our wholly owned subsidiary SMARTSolution Technologies, Inc. (“SST”) to our wholly-owned subsidiary Diamond Solution Technologies LLC. These assets include our technology installation group’s employee contracts, vehicles, tools, and equipment used to perform services for SST contracts and orders as well as for other vendors and markets in the United States.
FOMO WORLDWIDE, INC. is referred to in this Current Report on Form 8-K as “FOMO,” the “Company,” “we,” or “us.”
Item 8.01 Other Events.
On June 21, 2023, the Pennsylvania Department of State Bureau of Corporations and Charitable Organizations notified us that our application to create a new wholly owned subsidiary “Diamond Technology Solutions LLC” (“DTS”) had been processed and that the entity is now active. We intend DTS to offer education technology and services, including interactive plat panels (“IFPs”), computer equipment, communications, security and access control products, and audio visual solutions from U.S.-based vendors including ClearTouch and Galaxy Next Generation. We are meeting with management of both vendors at the ISTE conference in Philadelphia, PA June 25-28, 2023 (https://conference.iste.org/2023/) and intend to capitalize DTS for growth after executing required reseller, referral, regulatory, and legal paperwork.
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: June 26, 2023 | By: | /s/ Vikram Grover |
Vikram Grover |
Cover |
Jun. 21, 2023 |
---|---|
Cover [Abstract] | |
Document Type | 8-K/A |
Amendment Flag | true |
Amendment Description | Amendment No. 1 |
Document Period End Date | Jun. 21, 2023 |
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) |
Local Phone Number | 708-0750 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common |
Trading Symbol | FOMC |
Entity Emerging Growth Company | false |
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