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Chicago, IL, Aug. 16, 2021 (GLOBE NEWSWIRE) — FOMO CORP. (OTC: FOMC) has signed a Letter of Intent (“LOI”) to acquire SMARTSolution Technologies Inc. (SST – https://smarterguys.com/). The business will operate as a wholly owned subsidiary of FOMO and keep its name and brand in addition to its current HQ in Pittsburgh, PA. The transaction is expected to be completed by end of September 2021, subject to signing a Definitive Agreement and refinancing of SST’s bank debt of several hundred thousand dollars.
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