FOMC - FOMO executes a stock purchase agreement with Triton Funds

FOMO (FOMC) executes a common stock purchase agreement with Triton Funds.Under the agreement, Triton will purchase a number of securities from the company, having an aggregate value of $4M.The funds will be used by FOMO to acquire LED Funding IV LLC and Lux Solutions.These are two of the three entities under definitive agreement for purchase.The third entity is SmartGuard-Solutions, which markets and finances a suite of disinfection products.Company plans to acquire 19.99% of SGS.Vik Grover, CEO, comments, “The importance of the commitment by Triton Funds LP to purchase $4M in Securities from FOMO cannot be overstated. We are grateful for this opportunity and look forward to closing the first two SmartGuard entities listed above.”

For further details see:

FOMO executes a stock purchase agreement with Triton Funds