- Creatd offering shares to global, digital-first investor base
- Non-U.S. persons may deposit and trade VOCL on Upstream. U.S. persons may not deposit, buy, or sell securities on Upstream.
NEW YORK, November 14, 2023 /PRNewswire/ Creatd, Inc. (OTCQB: VOCL) ("Creatd" or the "Company") has announced it is set to resume trading for non-U.S. persons on Upstream, the innovative trading app for stocks and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”). The Company’s securities will be available for trading on Upstream for non-U.S. persons beginning at 10:00 am EST on Thursday, November 16, 2023, under the ticker symbol VOCL.
This strategic listing allows Creatd to offer shares to a global, digital-first audience that can deposit or buy the Company’s shares directly on Upstream. Trade executions are performed and settled in real-time, peer to peer, on a best bid/offer basis. There’s no short selling, no payment for order flow, or other market manipulations permitted on Upstream.
Creatd CEO and Chairman Jeremy Frommer commented, “It is usually quite difficult for retail investors outside of the U.S. to trade OTC securities or U.S. equities. Most U.S. brokerage firms do not offer the ability to deposit or trade OTC stocks. The only way to survive today’s market conditions is to invest in broadening a company’s shareholder base. There are very few execution and communication channels that can accomplish this goal. Our company is at the forefront of this discovery process.”
“We’re thrilled to have Creatd back on Upstream,” says Upstream Co-Creator Brian Collins. “We believe Upstream offers a remarkable solution for issuers that enables global investors to access U.S. equities and interesting companies without all the challenges commonly faced by retail investors outside the U.S. when depositing or trading smaller cap. U.S. securities.”
Details on the Creatd listing and how shareholders can deposit shares and trade on Upstream can be found at https://investors.creatd.com/resources/faqs/default.aspx. The Upstream market is open 5 days a week 20 hours a day, Monday to Friday: 10:00am to 06:00am UTC+4 (1:00am to 9:00pm EST).
About Upstream
Upstream, a MERJ Exchange market (https://merj.exchange/), is a global securities trading app. Powered by a proprietary, transparency-first, matching engine, Upstream allows investors outside of the U.S. to trade securities using just an app. For more information, please visit https://upstream.exchange/. Upstream is currently accepting applications to dual list at https://upstream.exchange/getlisted.
Disclaimers
U.S. persons may not deposit, buy, or sell securities on Upstream.
This communication shall not constitute an offer to sell securities or the solicitation of an offer to buy securities in any jurisdiction where such offer or solicitation is not permitted. NFTs have no royalties, equity ownership, or dividends. NFTs are for utility, collection, redemption or display purposes only. Anyone may buy and sell NFTs on Upstream. All orders for sale are non-solicited by Upstream and a user’s decision to trade securities must be based on their own investment judgement.
Upstream is a MERJ Exchange market. MERJ Exchange is a licensed Securities Exchange, an affiliate of the World Federation of Exchanges, a National Numbering Agency and member of ANNA. MERJ is regulated in the Seychelles by the Financial Services Authority, https://fsaseychelles.sc/, an associate member of the International Association of Securities Commissions (IOSCO). MERJ supports global issuers of traditional and digital securities through the entire asset life cycle from issuance to trading, clearing, settlement, and registry. It operates a fair and transparent marketplace in line with international best practices and principles of operations of financial markets. Upstream does not endorse or recommend any public or private securities bought or sold on its app. Upstream does not offer investment advice or recommendations of any kind. All services offered by Upstream are intended for self-directed clients who make their own investment decisions without aid or assistance from Upstream. All customers are subject to the rules and regulations of their jurisdiction. By accessing the site or app, you agreed to be bound by its terms of use and privacy policy. Company and security listings on Upstream are only suitable for investors who are familiar with and willing to accept the high risk associated with speculative investments, often in early and development stage companies. U.S. persons may not deposit, buy, or sell securities on Upstream. There can be no assurance the valuation of any particular company’s securities is accurate or in agreement with the market or industry comparative valuations. Investors must be able to afford market volatility and afford the loss of their investment. Companies listed on Upstream are subject to significant ongoing corporate obligations including, but not limited to disclosure, filings, and notification requirements, as well as compliance with applicable quantitative and qualitative listing standards.