ITEM 8.01 Other Events

FOMO CORP. ("FOMO") and its wholly owned subsidiary, Purge Virus LLC ("PV") have signed a strategic alignment agreement with Chicago, IL-based Agile Technologies Group, LLC ("Agile"; http://www.4agiletech.com) that includes rights of first refusal to cross-sell disinfection products to Agile's customers and to offer COVID-19 testing services to PV customers, non-circumvention non-disclosure stipulations to protect each partner's respective customer bases and sales pipelines, and the addition of Agile's CEO Rod Martin to FOMO's Advisory Board. Martin is a seasoned executive with 30 years' experience across business and industry including the global healthcare and technology markets. As consideration, FOMO issued Agile 100,000,000 sales incentive common stock purchase warrants with a strike price of $0.001 and a three-year expiration and Rod Martin 10,000,000 common stock purchase warrants under the same terms. The warrants will vest upon Agile generating 2021 sales of PV products of more than $500,000 or upon Agile generating cumulative sales of more than $1,000,000 through YE23. The Companies have been working together since September 2020, have already generated revenues from multiple customers across the country, and have an active sales pipeline.





Item 9.01. Exhibits

(a) Exhibits. The following exhibit is incorporated by reference with this Current Report on Form 8-K:





Exhibit No.   Description
10.1            Purge Virus LLC / Agile Technologies Group, LLC Strategic
              Alignment Agreement

© Edgar Online, source Glimpses