---
schema_version: "secwatch.filing_event.v1"
accession: "0001472375-24-000019"
form_type: "8-K/A"
ticker: null
cik: "0000867028"
company_name: "FOMO WORLDWIDE, INC."
filed_at: "2024-04-15T23:59:59+00:00"
generated_at: "2026-06-03T23:13:14.764495+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# FOMO Worldwide placed into receivership; EcoChem acquisition terminated

## Summary
- Receivership ordered April 1, 2024 by Thermo Communications Funding LLC in Allegheny County, PA court.
- Definitive agreement to acquire North America assets of EcoChem Alternative Fuels terminated April 11, 2024 due to market conditions.
- John Raymond of SMARTSolution Technologies named Receiver; Thermo intends UCC-1 foreclosure on SST subsidiary.
- No break-up fees or penalties associated with the terminated acquisition.

## SEC filing metadata
- accession: 0001472375-24-000019
- form_type: 8-K/A
- cik: 0000867028
- company_name: FOMO WORLDWIDE, INC.
- filed_at: 2024-04-15T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.02, 1.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/867028/000147237524000019/0001472375-24-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/867028/000147237524000019/ixform8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001472375-24-000019
- JSON: https://secwatch.observer/filing/0001472375-24-000019.json
- Plain text: https://secwatch.observer/filing/0001472375-24-000019.txt

## Key facts
- Distress & Bankruptcy
  FOMO WORLDWIDE, INC. entered receivership in Court of Common Pleas of Allegheny County, Pennsylvania (petition 2024-04-01).
  - Proceeding: receivership
  - Court: Court of Common Pleas of Allegheny County, Pennsylvania
  - Petition: 2024-04-01
  source text: FOMO WORLDWIDE, INC. and subsidiaries were placed into receivership on April 1, 2024 by Thermo Communications Funding LLC (“Thermo”) through the Court of Common Pleas of Allegheny County, Pennsylvania (No GD 24-002108).
  evidence_url: https://www.sec.gov/Archives/edgar/data/867028/000147237524000019/0001472375-24-000019-index.htm
- Material Agreements
  FOMO WORLDWIDE, INC. terminated Definitive Agreement to acquire the North America assets of EcoChem Alternative Fuels LLC with EcoChem Alternative Fuels LLC valued at Agreement terminated due to market conditions and capital availability. No break-up fees or penaltie (effective 2024-04-11).
  - Action: termination
  - Agreement: asset purchase
  - Counterparty: EcoChem Alternative Fuels LLC
  - Value: Agreement terminated due to market conditions and capital availability. No break-up fees or penaltie
  - Effective: 2024-04-11
  source text: The Definitive Agreement to acquire the North America assets of EcoChem Alternative Fuels LLC (“EAF”) was terminated on or around April 11, 2024 due to market conditions and capital availability. There were no break-up fees or penalties or shares issued and/or associated with the action mutually agreed to by us and EAF.
  evidence_url: https://www.sec.gov/Archives/edgar/data/867028/000147237524000019/0001472375-24-000019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.