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GhosTraderX

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GhosTraderX

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Tuesday, 01/04/2022 12:11:16 PM

Tuesday, January 04, 2022 12:11:16 PM

Post# of 32983
From yesterday's 8-k filings

FOMO CORP. has signed a term sheet with an institutional investor for a $1,000,000 non-dilutive financing in the form of an asset backed lending (“ABL”) facility. Due diligence is currently underway with closing expected on or around mid-January 2022. The loan will be secured by all assets of FOMO CORP., including existing businesses and investments and any acquisitions, subject to credit review of borrowing base(s).

GhosT
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