FOMO WORLDWIDE, INC. /
EcoChem Alternative Fuels LLC
FOMO WORLDWIDE, INC. agrees to purchase EcoChem Alternative Fuels LLC operations
What happened
FOMO WORLDWIDE, INC. entered into an agreement to acquire EcoChem Alternative Fuels LLC’s North American assets and operations. The Ohio-based provider offers filtration systems and services that generate carbon fuels, including diesel, gasoline, biofuel and jet fuel.
Consideration includes preferred shares, a convertible note, stock options and a cash payment due at closing.
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FOMO WORLDWIDE, INC. agrees to purchase EcoChem Alternative Fuels LLC operations
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