Rhea-AI Summary
FOMO CORP. (US OTC: FOMC) has confirmed its name and ticker change from 2050 Motors, Inc. (ETFM) effective May 7, 2021. This strategic shift aims to clarify the company's focus on technology business incubation and acceleration, distancing it from its previous operations. FOMO is actively pursuing acquisitions and investments in clean technology, with talks ongoing with institutional investors for financing. The company’s quarterly financials are set for review and filing by May 17, 2021. This change marks a significant milestone in FOMO's growth strategy.
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