Creatd, Inc. ($VOCL), a leader in digital technology and creator platforms, today announced that it and Lind Partners, a key financial lender to the company, have entered into settlement talks. This move represents a significant step in the ongoing efforts of Creatd to strategically restructure its balance sheet and strengthen its financial position.
As part of its comprehensive restructuring plan, Creatd has been working diligently to address its financial obligations and streamline operations. The commencement of settlement discussions with Lind Partners marks one of the final hurdles the company has faced in this endeavor.
"We are pleased to announce the initiation of settlement talks with Lind Partners," stated Jeremy Frommer, CEO of Creatd, Inc. "This is a critical step forward in our journey to revitalize Creatd's financial structure. After extensive due diligence, we have concluded there is no evidence of extraordinary or unlawful trading activity. We are grateful to the team at Lind Partners for their diligent efforts and time invested in seeking a resolution to this matter. The process has been transparent, and we found Lind Partners to be both understanding of our current condition and appreciative of the potential upside our company represents. We are hopeful that these discussions will lead to a favorable outcome that benefits all stakeholders and provides the company with the flexibility and resources necessary to continue its growth trajectory and enhance shareholder value.”
Creatd remains committed to transparent and timely communication with its shareholders and the public regarding its financial restructuring and strategic initiatives.
For more information about Creatd, Inc., please visit https://creatd.com.
About Creatd, Inc.
Creatd, Inc. ($VOCL) is a pioneering technology company specializing in developing platforms and solutions that empower creators and innovators. With a portfolio of proprietary technologies and brands, Creatd is dedicated to fostering a more vibrant, engaged, and connected world.
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