Published on August 27, 2024
Creatd, Inc. (OTC: CRTD) is pleased to announce the successful completion of a new cross-holdings transaction with Geopulse Exploration, Inc. (OTC: GPLS). This transaction is a key milestone in Creatd’s ambitious Project 100 initiative, aimed at building a coalition of top-tier companies and visionary leaders, all working together to redefine the landscape of the public markets in partnership with CEOBLOC.
The cross-holdings transaction with Geopulse is part of a multi-pronged approach to value creation, involving the exchange of equity stakes and the potential for future spin-outs as special dividends to shareholders. This alliance with Geopulse is expected to accelerate both companies’ strategic plans by combining resources and expertise, creating a stronger and more resilient foundation for long-term success.
Jeremy Frommer, CEO of Creatd, commented, “Like our previous transaction with Hollywall, our partnership with Geopulse aligns perfectly with our vision of building a consortium of the most innovative and forward-thinking CEOs in the small-cap sector. Together, we are setting a new standard for success, one that is built on collaboration, shared purpose, and relentless ambition.”
Marcus Laun, CEO of Geopulse, added, “We are excited to join forces with Creatd and be part of CEOBLOC and Project 100’s transformative initiative. This partnership not only potentially strengthens our balance sheet, but also positions us to reach new heights by tapping into Creatd’s extensive network and industry expertise.”
As Project 100 continues to gain momentum, Creatd is engaged in multiple conversations with its peers and remains focused on identifying and executing additional synergistic transactions.
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