Creatd (CRTD) Announces Proposed Public Offering of Common Stock
Creatd, Inc. (Nasdaq CM: CRTD) ("Creatd" or the "Company"), the parent company of Vocal, today announced that it has commenced an underwritten public offering of its common stock. All of the shares in the offering are being offered by Creatd. In addition, Creatd expects to grant the underwriters a 30-day option to purchase up to an additional 15% of shares of its common stock on the same terms and conditions. The offering is subject to market and other conditions, and there can be no assurance to whether or when the offering may be completed, or as to the actual size or terms of the offering.
Creatd intends to use the net proceeds it receives from the offering for general corporate purposes.
The Benchmark Company is acting as sole bookrunning manager for the proposed offering.
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