Item 3.03 Material Modification to Rights of Security Holders
On October 13, 2020, FOMO CORP. ("FOMO") amended the terms of its Series A
Preferred stock to a 1-50 conversion ratio and implemented a cumulative annual
dividend per share of $0.0035 payable in cash or kind at the option of the Board
of Directors.
On November 6, 2020, FOMO amended the terms of its Series C Preferred stock to
one hundred thousand (100,000) votes per share from ten thousand (10,000) votes
per share.
Item 5.03 Amendments to Articles of Incorporation
On December 16, 2019, the Company then known as "2050 Motors, Inc." amended its
Articles of Incorporation with the Secretary of State of California to change
its legal corporate name to "FOMO CORP." and to increase its authorized total
number of authorized shares to ten billion one hundred million (10,100,000,000)
from three billion ten million (3,010,000,000). This increase included an
increase to authorized common shares to 10 billion (10,000,000,000) from 3
billion (3,000,000,000) and an increase to preferred shares to 100 million
(100,000,000) from 10 million (10,000,000).
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits. The following exhibit is filed with this Current Report on Form
8-K:
Exhibit No. Description
10.1 Amended Articles of Incorporation - December 16, 2019
10.2 Amended Certificate of Determination Series A Preferred - October
13, 2020
10.3 Amended Certificate of Determination Series C Preferred - November
6, 2020
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