FORT LEE, N.J., June 21, 2021 /PRNewswire/ -- Creatd, Inc.
(Nasdaq CM: CRTD) ("Creatd" or the "Company"), the parent company
of Vocal, today announced the closing of its underwritten public
offering of 750,000 shares of its common stock, at a public
offering price of $3.40 per share,
for a total offering size of approximately $2.6 million. In addition, Creatd granted the
underwriters a 30-day option to purchase up to an additional
112,500 shares of its common stock on the same terms and
conditions. The Benchmark Company, LLC acted as lead book-running
manager for the offering. Aegis Capital Corp. and Brookline Capital
Markets, a division of Arcadia Securities, LLC, acted as
co-managers for the offering.
The aggregate net proceeds from the offering were approximately
$2.4 million, after underwriting
discounts and commissions.
The offering was made only by means of a prospectus. Copies of
the final prospectus are available on the Securities and Exchange
Commission's website at sec.gov and may be obtained by contacting
The Benchmark Company, LLC, Attention: Equity Syndicate Department,
150 East 58th Street, 17th floor, New
York, NY 10155, by telephone at (212) 312-6700, or by email
The securities described above were offered by Creatd, Inc.
pursuant to a "shelf" registration statement on Form S-3 (File No.
333-250982) that became effective with the Securities and Exchange
Commission (the "SEC") on April 23,
2021, the base prospectus contained therein, and the
accompanying prospectus supplement.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, nor shall there
be any sale of these securities in any state or jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
Creatd, Inc. (Nasdaq CM: CRTD) is a creator-first technology
company and the parent company of the Vocal platform. Our mission
is to empower creators, entrepreneurs, and brands through
technology and partnership. We accomplish this through Creatd's
three main business pillars: Vocal Ventures, Creatd Partners and
For news and updates, subscribe to Creatd's newsletter:
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or involve discussions as to, expectations, beliefs, plans,
objectives, assumptions or future events or performance (often, but
not always, indicated through the use of words or phrases such as
"will likely result," "are expected to," "will continue," "is
anticipated," "estimated," "intends," "plans," "believes" and
"projects") may be forward-looking and may involve estimates and
uncertainties which could cause actual results to differ materially
from those expressed in the forward-looking statements. We caution
that the factors described herein could cause actual results to
differ materially from those expressed in any forward-looking
statements we make and that investors should not place undue
reliance on any such forward-looking statements. Further, any
forward-looking statement speaks only as of the date on which such
statement is made, and we undertake no obligation to update any
forward-looking statement to reflect events or circumstances after
the date on which such statement is made or to reflect the
occurrence of anticipated or unanticipated events or circumstances.
New factors emerge from time to time, and it is not possible for us
to predict all of such factors. Further, we cannot assess the
impact of each such factor on our results of operations or the
extent to which any factor, or combination of factors, may cause
actual results to differ materially from those contained in any
forward-looking statements. This press release is qualified in its
entirety by the cautionary statements and risk factor disclosure
contained in our Securities and Exchange Commission filings.
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SOURCE Creatd, Inc.