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Creatd Announces Termination of Discussions with GTII Regarding Proposed Acquisition

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NEW YORK, Feb. 24, 2023 /PRNewswire/ -- Creatd, Inc. (OTCQB: CRTD; Upstream: CRTD) ("Creatd" or the "Company"),  a creator-first technology company, today announced that it has decided not to proceed with a proposed transaction with Global Tech Industries Group, Inc. ("GTII"). While Creatd has concluded discussions of a proposed acquisition, it will honor the no-shop terms outlined in the Letter of Intent signed with GTII.

About Creatd

Creatd, Inc. (OTCQB: CRTD) is a company with a mission to provide economic opportunities to creators and brands by multiplying the impact of platforms, people, and technology. Creatd's pillars work together to create a flywheel effect, supporting our core vision of creating a viable and safe ecosystem for all stakeholders in the creator economy.

Creatd: https://creatd.com;
Creatd IR: https://investors.creatd.com;
Vocal Platform: https://vocal.media;
Investor Relations Contact: ir@creatd.com

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SOURCE Creatd, Inc.

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About CRTD

Creatd, Inc. provides creators of all shapes and sizes, from bloggers to podcasters, and more, with storytelling tools, safe and curated communities, and the opportunity to monetize their content. The company enables creators to connect to their ideal audiences and to partner with the brands that want to reach those audiences.