Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB
14 November 2023 - 6:00PM
Edgar (US Regulatory)
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OMB APPROVAL |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
OMB Number: 3235-0058
Expires: February 28, 2022
Estimated average
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FORM 12b-25 |
SEC FILE NUMBER |
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001-13126 |
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CUSIP NUMBER |
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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 |
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For Period Ended: September 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)
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(a) |
The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense; |
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(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 |
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(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 |
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Vikram Grover |
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630 |
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708-0750 |
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(Name) |
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(Area Code) |
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(Telephone Number) |
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(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 ☐ |
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(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? |
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Yes ☒ NO ☐ |
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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: |
11/14/2023 |
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By: |
/s/ Vikram Grover |
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Name: |
Vikram Grover |
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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). |
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