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. (Nasdaq CM: CRTD) announced it will not proceed with its proposed $40 million Rights Offering after testing the waters. The company's decision reflects its current assessment of market conditions and investor interest. Creatd is dedicated to unlocking creativity across various sectors through its four main business pillars. The company emphasizes caution regarding forward-looking statements, highlighting potential uncertainties that could affect future performance. Investors should note the lack of details on financial performance in this context.
Creatd, Inc. (Nasdaq CM: CRTD) has been invited to join the Shopify Investor Partner Program, an exclusive initiative offering access to valuable resources for its CPG brands. This partnership aims to enhance Creatd's ability to scale its e-commerce technology and potentially expand its revenue from the Ventures pillar. CEO Thomas Punch expressed enthusiasm, highlighting the alignment with Shopify's mission to empower creators as entrepreneurs. The program allows priority access to Shopify's data and new features, which could drive growth and innovation for the company.
Creatd, Inc. (Nasdaq: CRTD) has revised the record date for its rights offering from July 29, 2022, to August 4, 2022. This change gives the company additional time to prevent violations of Regulation SHO by informing custodians through its information agent, D.F. King. The updated rights offering calendar outlines important dates, including the subscription period starting on August 11, 2022, and ending on August 25, 2022. The adjustments aim to protect shareholders by addressing the issues related to short-selling practices in the micro-cap sector.
Creatd, Inc. (Nasdaq CM: CRTD) announced it has delivered a Regulation SHO notification to D.F. King & Co., Inc. to ensure compliance regarding short selling of CRTD and CRTDW. The notification includes the Record Date for the company's upcoming $40 million Rights Offering. Founder Jeremy Frommer emphasized the importance of adhering to Regulation SHO to protect shareholders from naked short selling, which occurs when shares are sold without confirmation of availability. This notification aims to maintain a fair market environment.
Creatd has signed a Memorandum of Understanding to acquire Brave, a healthy breakfast brand, marking its fourth acquisition under the Ventures pillar. The acquisition is expected to close soon and should be immediately accretive to revenues. Additionally, Creatd closed a private placement raising $2.15 million, with proceeds allocated to expansion initiatives, including technology development. The private placement includes convertible debentures and warrants, with the company aiming to enhance its brand portfolio and accelerate growth.
Creatd, Inc. (Nasdaq CM: CRTD) announced the link to join its Investor Day presentation on July 21, 2022, at approximately 4:45PM EST. The presentation will cover the Company's expansion plans and details regarding its $40 Million Rights Offering. Interested shareholders who pre-registered will receive an email notification with the viewing link. The presentation aims to provide insights into the Company's four business pillars: Creatd Labs, Partners, Ventures, and Studios.
Creatd has launched its first iOS app exclusively for Vocal+ premium members, enhancing user engagement and audience growth. The app is set for a public release on August 15, 2022. Key features include a new payment system, Vocal Coins, designed to facilitate transactions within the app. Creatd aims to foster connectivity within its creator community through features like live chat, personalized story feeds, and subscriber-only stories. The initiative is seen as a strategic move to increase subscriber numbers and improve the overall user experience.
Creatd, Inc. (Nasdaq: CRTD) has announced the launch of its first podcast, 'Write Here, Write Now,' produced by Pod People. This initiative showcases original stories from Vocal's creators and is supported by inaugural sponsorship from Scrivener, a leading writing application. Hosted by author Erica Wagner, the podcast aims to enhance visibility for creators. Additionally, Creatd partners with Reading Partners to promote literacy. The second season will connect to the Vocal+ Fiction Awards anthology, set for release early next year.
Creatd, Inc. (Nasdaq CM: CRTD) will host its Investor Day on July 21, 2022, with registration available for virtual and in-person attendance. The event will showcase a management presentation, including a preview of the new Vocal app and details on a $40MM Rights Offering. Executive Chairman Jeremy Frommer emphasized the importance of this offering, marking a significant financing event since the company's Nasdaq uplisting in September 2020. Interested participants can register via the provided link. The presentation will begin at approximately 4:30 PM ET.
Creatd, Inc. (Nasdaq: CRTD) announced the formation of an advisory board dedicated to maximizing the revenue potential of the OG Collection, which includes rare media archives owned by Bob Guccione. The company is also pursuing M&A opportunities for the OG Collection and aims to spin it off into a separate publicly-traded entity, with existing shareholders set to receive up to one-third of the new company. In recent weeks, Creatd acquired numerous Web 3.0 assets during market volatility, positioning itself for growth in the NFT space amidst a burgeoning market.
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