Exhibit 10.1


 








 


FOMO
WORLDWIDE ISSUED NOTICE OF ALLOWANCE FOR “FOMO CAN” BY USPTO


 


Chicago
IL, November 22, 2022 – FOMO WORLDWIDE, INC.’s (OTC: FOMC) trademark application for
“FOMO” for health and beauty beverages and canned drinks using nutraceuticals has been granted a notice of allowance
(“NOA”) by the USPTO (U.S. Serial Number: 97099373). The trademark previously passed
the 30-day objection window that was initiated September 27, 2022 through publication in the USPTO Gazette, which followed a one-year
review process. As a result, according to the USPTO, the trademark will be issued to FOMO WORLDWIDE, INC. upon delivery of proof
and plans for commercialization (i.e., “Statement of Use” or “SOU”).


 


FOMO
is working with its minority investment Himalaya Technologies, Inc. (OTC: HMLA) to activate a signed co-pack agreement with a regional
craft beer and soda manufacturer and to formulate the beverage with FOMO’s and Himalaya’s minority investment GenBio, Inc.
(https://genbioinc.com/). We intend to offer the product on a B2B basis through our manufacturing partner’s 32-state distribution
network which includes Big Box retailers, directly through major retail distribution companies, and on a B2C and B2B basis through online
channels including social media.


 


Said
Vik Grover, CEO: “The time-consuming process for trademark protection for FOMO CAN is nearing completion. I believe there is a
significant market for a health drink that can combat inflammation and high blood pressure while providing non-caffeinated energy to
consumers. The FOMO brand should resonate with customers seeking these benefits while adding nutrition to their diets ‘morning-noon-and-night’.
We intend to trademark FOMO for other consumer facing products and services and explore international protections to further cement the
brand’s sustainable value.”


 


Further
information on the trademark and USPTO can be found at https://www.uspto.gov/.


 


About
FOMO WORLDWIDE, INC.


 


FOMO
WORLDWIDE, INC. (https://www.fomoworldwide.com/) p/k/a FOMO CORP. is a publicly traded company focused on business incubation
and acceleration. The Company invests in and advises emerging companies aligned with a growth mandate. FOMO is developing direct investment
and affiliations - majority- and minority-owned as well as in joint venture formats - that afford targets access to the public markets
for expansion capital as well as spin-out options to become their own stand-alone public companies.


 


Forward
Looking Statements


 


Statements
in this press release about our future expectations, including without limitation, the likelihood that FOMO WORLDWIDE, INC. will be able
to meet minimum sales expectations, be successful and profitable in the market, bring significant value to FOMO WORLDWIDE, INC.’s
stockholders, and leverage capital markets to execute its growth strategy, constitute “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined
in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change
at any time, and our actual results could differ materially from expected results. The Company undertakes no obligation to update or
release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect
the occurrence of unanticipated events, except as required by law. FOMO’s business strategy described in this press release is
subject to innumerable risks, most significantly, whether the Company is successful in securing adequate financing. No information in
this press release should be construed in any form shape or manner as an indication of the Company’s future revenues, financial
condition, or stock price.


 


Investor
Contact


 


Investor
Relations


(630)
708-0750


IR@fomoworldwide.com