Creatd, Inc. Announces Q1 2024 Results and Upcoming PCAOB Audit

Published on July 15, 2024

Creatd, Inc. (OTC: CRTD) today announced the filing of its Q1 2024 results with the OTC, confirming its status on the exchange. This filing will be followed shortly by the Q2 2024 quarterly filing, and the Company is set to commence a PCAOB audit with its new auditors, Astra Audit and Advisory, LLC.

The Company expects to maintain its status as pink sheet current reporting during the audit period, reinforcing its commitment to transparency and regulatory compliance.

Commenting on the Q1 results, CEO Jeremy Frommer stated, “The most important data points from Q1 are flat revenues as we continue to reduce operating expenses and dramatically improve the balance sheet. There will be a growth surge in revenues once the team focuses attention on it. In the interim, we have survived and protected the Company.”

Creatd remains dedicated to enhancing shareholder value and achieving sustainable growth. The ongoing efforts to streamline operations and improve financial stability are expected to position the Company for future success.

Forward Looking Statements

Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “intends,” “plans,” “believes” and “projects”) may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings.

Listen to article