Creatd, Inc. Announces Another $400K Debt Restructuring, Bringing Total to Nearly $5M

Published on October 15, 2023

  • Creatd, Inc. successfully restructured an additional $400K on Friday, emphasizing its strategic approach to financial realignment.
  • This latest restructuring brings the company's total extended and restructured debt to a significant milestone of nearly $5M.
  • CEO Jeremy Frommer highlights the company's dedication to financial health, sustainability, and maximizing shareholder value through these continuous efforts.

Creatd, Inc. continues its strategic financial realignment, announcing the successful restructuring of an additional $400K on Friday. This latest move elevates the total extended and restructured debt to nearly $5M, underscoring the company's commitment to fortifying its financial position.

The decision to restructure this additional amount aligns with Creatd, Inc.'s ongoing efforts to optimize its balance sheet and enhance shareholder value. This series of strategic decisions reflects the company's proactive approach to financial management and its dedication to long-term growth.

Jeremy Frommer, CEO of Creatd, Inc., commented on the development, stating, "Our unwavering focus on financial health and sustainability is evident in these continuous restructuring efforts. Each step we take is with the intent of maximizing value for our shareholders and ensuring the company's robust future. We are grateful for the trust and support of our stakeholders as we navigate these financial strategies."

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