Creatd, Inc. ($CRTD) Announces Successful Conclusion of Settlement Talks with Lind Partners

Published on March 22, 2024

Creatd, Inc. ($CRTD) today announced the successful conclusion of its settlement negotiations with Lind Partners. This significant achievement marks the culmination of a series of strategic actions aimed at strengthening the Company's balance sheet. This is a critical step in Creatd's ongoing efforts to uplist to a national securities exchange while maintaining minimal dilution and keeping the public float tight and definable. The company is sincerely thankful to Lind Partners for their professional demeanor, adherence to business etiquette, and transparency throughout this process. 

Jeremy Frommer, CEO of Creatd, Inc., expressed his satisfaction with the outcome: "The conclusion of our settlement with Lind Partners signifies one of the final steps in a comprehensive process of converting, negotiating, and settling numerous payables and notes outstanding, while protecting shareholders. Our main goal for the last six months has been to fortify our balance sheet as we prepare to be listed on a new national exchange.”

“Having previously uplisted our company to the Nasdaq, I am not only confident in our uplist preparation but also believe we have gained invaluable insights from that two year experience. I extend my thanks to Lind Partners, for their consistent support and patience during what was a complex business process. Lind Partners has earned our trust and we look forward to future opportunities.”

With its balance sheet strengthened, Creatd now shifts its focus to its core operations within the creator economy, as well as on strategizing future acquisitions of other creator platforms. The company was originally formed because of its ability to bring online communities together into its collective, leveraging technological and data resources within the portfolio. By securing its financial foundation with this settlement among other steps, it has created a clear runway towards an uplisting to a national exchange

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