Creatd Recognizes Strong Investor Support with Upcoming 13G Filings

March 15, 2024

  • Creatd, Inc. highlights strong investor support through the announcement of upcoming 13G filings by long term investors, demonstrating a robust backing for the company's strategic vision and financial health.
  • Significant commitment shown by shareholders locking up over 22% of the float, underscoring their deep confidence in Creatd’s long-term growth strategy.
  • Actively pursuing and finalizing new strategic acquisition opportunities to enhance the company's digital footprint and shareholder value.

Creatd, Inc. (OTCQB: $CRTD) is pleased to announce upcoming Schedule 13G filings to the Securities and Exchange Commission. These filings, which will be made in the near-term by material investors who together control approximately 22% of the company's publicly traded shares, require them to report any sales of their holdings. This transparency reflects strong investor confidence and support for the company's strategic direction.

"Following a reverse stock split that resulted in a 300% increase in valuation, this investor support has significantly strengthened our balance sheet and helped to eliminate nearly $1M in payables," Chairman and CEO Jeremy Frommer noted.

He continued, "Our strategic focus on targeted acquisitions aims to broaden our digital footprint and improve our data capabilities, showcasing our commitment to growth and maximizing shareholder value. With the 13G filings, three of our largest investors have acknowledged their long-term commitment to the company with a combined position in $CRTD reaching over 22%. They will have to update their filing upon a material change in the holdings. All three of these investors have expressed their optimism and confidence in our strategic acquisition plan. Additionally, we are committed to executing our acquisition plan step by step, with our first M&A transaction, TAMI Ventures. TAMI Ventures promises to significantly broaden the Creatd’s horizons, particularly within the online gaming industry and its associated communities.”

About Creatd, Inc.
Creatd, Inc. is a publicly traded digital holding company renowned for its commitment to innovation, transparency, and growth. Central to its operations is the flagship platform, Vocal—a pioneering social media and publishing platform designed to amplify user engagement and monetization.
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.