secwatch.observer — SEC 8-K summary
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Issuer:     FOMO WORLDWIDE, INC. (—)
CIK:        0000867028
Form:       8-K
Filed at:   2024-07-01T23:59:59+00:00
Accession:  0001472375-24-000048
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 1.03, 4.01, 7.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

FOMO Worldwide placed into receivership; auditor resigns; OTC delisting imminent
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- Receivership initiated April 1, 2024; new receiver Michael Von Lehman appointed May 22, 2024.
- Court hearing on exit from receivership scheduled July 12, 2024; forbearance agreement in place with Thermo.
- Auditor Urish Popeck & Co resigned June 24, 2024; new PCAOB firm engaged but contingent on financing.
- Company offered to acquire a cloud-based AI IoT platform for building water damage monitoring.
- OTC Markets grace period expires July 17, 2024; stock to move to Expert Market, harming liquidity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/867028/000147237524000048/0001472375-24-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/867028/000147237524000048/ixform8k.htm
  HTML page:      https://secwatch.observer/filing/0001472375-24-000048

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