Creatd (NASDAQ: CRTD, CRTDW) (Formerly Jerrick Media Holdings Inc.), the parent company and creator of the Vocal platform, today announced the pricing of its underwritten public offering of 1,725,000 units of securities at an offering price of $4.50 per unit. Creatd expects to receive gross proceeds of $7.7625 million in the offering, of which it intends to use the net proceeds to increase its marketing efforts, repay certain indebtedness, further research and development, and for general working capital. In connection with the offering, the company’s common stock and warrants began trading on the Nasdaq Capital Market on September 11, 2020, under the symbols “CRTD” and “CRTDW,” respectively, reflecting the company’s name change from Jerrick Media Holdings Inc. to Creatd Inc.
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About Creatd Inc.
Creatd is the parent company and creator of the Vocal platform. The company creates technology-based solutions to solve problems for the creative community. Through Vocal, Creatd identifies and leverages opportunities within the digital platform and content monetization space. Since launching in 2016, Vocal has become home to over 650,000 content creators and brands of all shapes and sizes, attracting audiences across its network of wholly owned and operated communities. For more information about Creatd and its Vocal platform, visit www.Creatd.com and www.Vocal.media.
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