secwatch.observer — SEC 8-K summary
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Issuer:     FOMO WORLDWIDE, INC. (—)
CIK:        0000867028
Form:       8-K/A
Filed at:   2024-04-15T23:59:59+00:00
Accession:  0001472375-24-000019
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 1.02, 1.03
LLM model:  deepseek-v4-flash:cloud@v2

FOMO Worldwide placed into receivership; EcoChem acquisition terminated
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/867028/000147237524000019/0001472375-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/867028/000147237524000019/ixform8ka.htm
  HTML page:      https://secwatch.observer/filing/0001472375-24-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer