0001493152-23-027665.txt : 20230811 0001493152-23-027665.hdr.sgml : 20230811 20230810192525 ACCESSION NUMBER: 0001493152-23-027665 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230630 FILED AS OF DATE: 20230811 DATE AS OF CHANGE: 20230810 EFFECTIVENESS DATE: 20230811 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FOMO WORLDWIDE, INC. CENTRAL INDEX KEY: 0000867028 STANDARD INDUSTRIAL CLASSIFICATION: INVESTORS, NEC [6799] IRS NUMBER: 833889101 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-13126 FILM NUMBER: 231161139 BUSINESS ADDRESS: STREET 1: 831 W NORTH AVE. CITY: PITTSBURGH STATE: PA ZIP: 15233 BUSINESS PHONE: (630) 708-0750 MAIL ADDRESS: STREET 1: 831 W NORTH AVE. CITY: PITTSBURGH STATE: PA ZIP: 15233 FORMER COMPANY: FORMER CONFORMED NAME: FOMO CORP. DATE OF NAME CHANGE: 20191226 FORMER COMPANY: FORMER CONFORMED NAME: 2050 MOTORS, INC. DATE OF NAME CHANGE: 20140508 FORMER COMPANY: FORMER CONFORMED NAME: ZEGARELLI GROUP INTERNATIONAL INC DATE OF NAME CHANGE: 19971008 NT 10-Q 1 formnt10-q.htm

 

 

 

 

 

 

 

 

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB Number:                 3235-0058

Expires:                  February 28, 2022

 

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  FORM 12b-25 SEC FILE NUMBER
    001-13126
     
    CUSIP NUMBER
  NOTIFICATION OF LATE FILING 344429 204

 

(Check one):

☐ Form 10-K          ☐ Form 20-F          ☐ Form 11-K          ☒ Form 10-Q          ☐ Form 10-D
☐ Form N-CEN      ☐ Form N-CSR

   
 

For Period Ended: June 30, 2023

☐ Transition Report on Form 10-K

☐ Transition Report on Form 20-F

☐ Transition Report on Form 11-K

☐ Transition Report on Form 10-Q

 

For the Transition Period Ended: ____________________

 

Read Instruction (on back page) Before Preparing Form. Please Print or Type.

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

 

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

 

PART I — REGISTRANT INFORMATION

 

FOMO WORLDWIDE, INC.
Full Name of Registrant

 

FOMO CORP.
Former Name if Applicable

 

831 W North Ave.

Address of Principal Executive Office (Street and Number)

 

Pittsburgh, PA 15233

City, State and Zip Code

 

 

 

 
 

 

PART II — RULES 12b-25(b) AND (c)

 

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)

 

(a) The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
(b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
  (c) The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

 

PART III — NARRATIVE

 

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period. (Attach extra Sheets if Needed)

 

The preparation of financials requires additional time to be completed and reviewed by our auditing firm.

 

PART IV — OTHER INFORMATION

 

(1) Name and telephone number of person to contact in regard to this notification
 
  Vikram Grover   630  

708-0750

  (Name)   (Area Code)   (Telephone Number)
 
(2)

Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).

 

Yes ☒ NO ☐

   
 
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
 
  Yes ☒ NO ☐
 
  If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

 

Our primary equipment supplier, SMART Technologies, reduced our business credit line from $1,000,000 to $350,000 after we paid them in full in April 2023. As a result, after reaching the reduced balance, our wholly owned subsidiary SMARTSolution Technologies, Inc. (“SST”) experienced a credit freeze with the vendor during the three-month period ended June 30, 2023. The credit freeze prohibited SST from delivering products to customers, which adversely impacted revenues in the period. We recently secured purchase order financing to address this shortfall, and the vendor has released all pending orders for shipment.

 

 

 

 

FOMO WORLDWIDE, INC.

(Name of Registrant as Specified in Charter)

 

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date:

08/10/2023

  By: /s/ Vikram Grover
      Name: Vikram Grover
      Title:

Chief Executive Officer

 

INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.

 

ATTENTION

Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).