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.
News and company communications describe Creatd, Inc. (OTCQB: CRTD) as a holding company investing in and operating businesses across technology, media, consumer, and capital markets, with a growing focus on advanced air mobility through its Flyte subsidiary. The CRTD news flow often highlights developments in private aviation, balance sheet restructuring, and capital markets strategy.
Recent updates emphasize Creatd’s transition toward aviation via Flyte, which the company describes as a private aviation platform with an FAA Part 135 Air Carrier Certificate and an AI-enabled aviation platform for regional hops, private charter, and high-end travel experiences. News items have covered Flyte’s fleet expansion with Cirrus Vision Jet aircraft, plans that include additional aircraft, and the launch of Flyte Escapes, an AI-enhanced luxury travel vertical offering integrated private jet itineraries, curated stays, and exclusive access.
Investors following CRTD news can also see disclosures about Creatd’s financial performance, including reported revenue growth, improvements in shareholder equity, and commentary on its efforts to rebuild its balance sheet. The company’s announcements discuss its movement between OTC market tiers, requalification for the OTCQB Venture Market, and steps such as filing an S-1 registration statement as part of a plan to pursue a future national exchange listing.
Other news items touch on Creatd’s broader portfolio activities, such as minority investments and advisory roles in areas like digital assets and capital markets. For readers tracking CRTD, this news stream provides insight into how Creatd positions Flyte, Flyte Escapes, and its wider holdings within its stated strategy of building and scaling high-potential businesses.
Creatd, Inc. (OTCQB: CRTD) has announced the launch of its inaugural image curation through its subsidiary, OG Collection, in partnership with Getty Images. This collection includes iconic images of cultural figures like Spike Lee and Muhammad Ali, and aims to commemorate the legacies of women associated with Penthouse. The collection is set for future growth through pop-up galleries and Web3 events. CEO Jeremy Frommer highlighted plans for a special dividend to shareholders coinciding with OGCL's planned spin-off by Q1 2023, reinforcing the value of their archival assets. This initiative aims to unlock new revenue streams and storytelling opportunities.
Creatd, Inc. (OTCQB: CRTD) announced its upcoming dual listing on Upstream, a trading platform for digital securities and NFTs, starting February 14, 2023, at 10:00am ET. This dual listing aims to access a digital-first investor base while enhancing liquidity and price discovery through trading options including USDC, credit, debit, and PayPal. Management plans to transfer securities to Upstream to boost liquidity and restrict short-selling practices. Additionally, the company intends to offer some shares on the Blockchain, further globalizing investor access. CEO Jeremy Frommer emphasized a focus on long-term value for shareholders and a higher quality market environment.
Creatd (OTC-PINK: CRTD) reported record preliminary gross revenues of $10 million for fiscal year 2022, reflecting a 40% year-over-year increase, despite significant operational challenges. The company has improved its balance sheet, reducing operational expenses by 55% year-over-year and cutting workforce by 60%. Key initiatives include plans to spin-off its media asset library and Web 3.0 business, OG Collection, Inc., targeting a dual-listing within 90 days. Creatd is also investigating potential illegal trading activities and enhancing its workforce with key management appointments to support growth.
Creatd, Inc. (OTCQB: CRTD) has extended its no-shop period with Global Tech Industries Group, Inc. (OTCQB: GTII) regarding a proposed acquisition, allowing more time for due diligence. The companies are evaluating a collar structure potentially valuing CRTD shares at
Creatd, Inc. (OTCQB: CRTD) announced the launch of CEOBLOC, an online community aimed at combating naked short-selling and abusive trading practices in capital markets. The initiative introduces a Founding Members program, offering exclusive benefits such as access to specialized content from industry leaders, members-only chat, participation in conference calls, and an invitation to the upcoming CEOBLOC Conference. CEO Jeremy Frommer stated that CEOBLOC aims to unite stakeholders in addressing vulnerabilities and obstacles faced by public companies, particularly smaller-cap firms, in today's market environment.
Creatd, Inc. will host its 2022 Annual Meeting of Stockholders on January 18, 2023, at 4:30 PM EST. Shareholders as of November 18, 2022, are eligible to vote. The virtual meeting will feature remarks from CEO Jeremy Frommer regarding the company's challenges with naked shorting practices. Creatd is also pursuing a spin-off of its OG Collection media assets and a potential $100 million stock-for-stock acquisition with GTII. Frommer emphasizes efforts to stabilize revenues and reduce operating expenses, while also unlocking value for shareholders.
Creatd, Inc. (OTCQB: CRTD) announced the retention of Christian Levine Law Group to investigate issues related to naked short selling and stock fraud. Chairman and CEO Jeremy Frommer highlighted the detrimental effects of naked short selling, describing it as creating artificial shares that harm company integrity and investor interests. The firm aims to combat these practices, which have negatively impacted many investors. This strategic move aligns with Creatd's mission to enhance economic opportunities and strengthen the creator economy.
Creatd, Inc. (OTCQB: CRTD) announced its intent to dual-list on Upstream in January 2023, with plans to spin off OG Collection, Inc. and subsequently list it on the OTC market. The OG Collection successfully sold over 900 of a limited NFT drop within the first day, marking a significant revenue milestone. The new NFT drop features unique images from OG archives and includes a 10% royalty on secondary market sales. CEO Jeremy Frommer highlighted the unique advantages of the company's technology and first-party data in aiding brands in the NFT space.
Creatd, Inc. (OTCQB: CRTD) has engaged Shareholder Intelligence Services, LLC to combat potential illegal naked short-selling activities. The partnership aims to enhance market surveillance and protect shareholder interests. CEO Jeremy Frommer emphasized the necessity of this action to uphold market integrity. This move follows the establishment of CEOBloc, further demonstrating the company's commitment to addressing trading irregularities. Creatd's mission is focused on providing economic opportunities within the creator economy.
Creatd, Inc. (OTCQB: CRTD) has launched the largest-ever NFT drop featuring unique archival assets from its OG Collection. This initiative is part of the company's strategy to spin off the OG Collection onto the OTC Market in Q1 2023. The early sales results confirm the viability of this monetization approach. Additionally, the OG Gallery will serve as a key component of its Web 3.0 strategy, providing benefits such as exclusive merchandise and VIP access to NFT holders. Creatd aims to position itself at the forefront of the NFT space, enhancing opportunities for creators.