Creatd, Inc. Closes $1.5M Direct Offering

Ticker: CRTDD · Form: 8-K · Filed: Mar 7, 2024 · CIK: 1357671

Sentiment: neutral

Topics: offering, financing, capital-raise

TL;DR

Creatd closed its $1.5M offering, selling shares at $1.30. Cash infusion incoming.

AI Summary

On March 6, 2024, Creatd, Inc. filed an 8-K to disclose the closing of its previously announced registered direct offering. The company successfully raised approximately $1.5 million in gross proceeds before deducting offering expenses. This offering involved the sale of 1,153,846 shares of common stock at a purchase price of $1.30 per share.

Why It Matters

The capital raised will provide Creatd with additional financial resources, potentially enabling further investment in its operations and growth initiatives.

Risk Assessment

Risk Level: medium — The company is raising capital through a direct offering, which can sometimes indicate a need for funds or potentially dilute existing shareholders.

Key Numbers

Key Players & Entities

FAQ

What was the total amount of gross proceeds raised by Creatd, Inc. in this offering?

Creatd, Inc. raised approximately $1.5 million in gross proceeds from the registered direct offering.

What was the purchase price per share for the common stock sold in the offering?

The common stock was sold at a purchase price of $1.30 per share.

How many shares of common stock were sold in the registered direct offering?

A total of 1,153,846 shares of common stock were sold.

When did the event reported in this 8-K filing occur?

The earliest event reported in this filing occurred on March 6, 2024.

What is the primary purpose of this 8-K filing for Creatd, Inc.?

This 8-K filing is to report the closing of Creatd, Inc.'s previously announced registered direct offering.

Filing Stats: 799 words · 3 min read · ~3 pages · Grade level 11.8 · Accepted 2024-03-07 14:04:04

Filing Documents

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On March 6, 2024, Creatd, Inc., a Nevada corporation (the "Company"), began distributing an investor presentation for a planned uplisting to a national exchange for purposes of enhancing shareholder value. A copy of the Investor Presentation is furnished hereto as Exhibit 99.1, incorporated herein by reference. The information in Item 7.01 and Item 8.01 to this Current Report on Form 8-K, including Exhibit 99.1 is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing. A copy of the Press Release is furnished hereto as Exhibit 99.1, incorporated herein by reference. The Investor Presentation can also be found online at: https://pitch.com/v/creatd-inc-uplist-2024-2eknx9 The information in Item 7.01 and Item 8.01 to this Current Report on Form 8-K, including Exhibit 99.1 is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.

01 Other Events

Item 8.01 Other Events The information set forth in Item 7.01 of this Current Report on Form 8-K is incorporated by reference into this Item 8.01.

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K includes information that may constitute forward-looking statements. These forward-looking statements are based on the Company's current beliefs, assumptions and expectations regarding future events, which in turn are based on information currently available to the Company. By their nature, forward-looking statements address matters that are subject to risks and uncertainties. Forward looking statements include, without limitation, statements relating to projected industry growth rates, the Company's current growth rates and the Company's present and future cash flow position. A variety of factors could cause actual events and results, as well as the Company's expectations, to differ materially from those expressed in or contemplated by the forward-looking statements. Risk factors affecting the Company are discussed in detail in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable securities laws.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits . Exhibit Number Description 99.1 Investor Presentation issued March 6, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CREATD, INC. Date: March 7, 2024 By: /s/ Jeremy Frommer Name: Jeremy Frommer Title: Chief Executive Officer 2

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