Welcome to our dedicated page for Creatd news (Ticker: CRTD), a resource for investors and traders seeking the latest updates and insights on Creatd stock.
Creatd, Inc. (CRTD) acquires and operates technology-driven businesses in aviation, media and advisory services through a shared-services model. Company news centers on Flyte, its aviation subsidiary, including AI-enabled regional aviation, private charter activity, aircraft fleet additions and the FAA Part 135 Air Carrier Certificate referenced in company updates.
Recurring developments also include audited financial reporting, registration-statement activity, shareholder meetings, governance proposals, portfolio-company transactions and capital-structure actions such as the completed 1-for-20 reverse stock split. Updates frequently connect Creatd’s operating subsidiaries with its broader capital-markets and reporting-status strategy.
Creatd, Inc. (NASDAQ: CRTD) has announced the pricing of its public offering of 1,725,000 units at $4.50 per unit, generating gross proceeds of $7.7625 million. Each unit consists of one share of common stock and one warrant, exercisable at $4.50 for five years. The stock will trade on Nasdaq under CRTD and CRTDW from September 11, 2020. The company has granted underwriters a 45-day option for additional shares. Proceeds will fund marketing, debt repayment, and R&D. Closing is expected around September 15, 2020.