NEW
YORK, July 25, 2022 /PRNewswire/ -- Creatd, Inc.
(Nasdaq CM: CRTD) ("Creatd" or the "Company"), today announced that
it has delivered a Regulation SHO notification to its information
agent, D.F. King & Co., Inc.
Commented Creatd's founder and executive chairman, Jeremy Frommer, "In order to ensure a fair and
orderly process, we have notified D.F. King that we expect them to
notify the clearing firms and DTC whose clients are long CRTD and
CRTDW of the Record Date for the rights offering. We have also
asked them to notify all of the clearing firms and DTC whose
clients may be short CRTD and CRTDW of this information, and
advised them of their clients' ongoing obligation to comply with
Regulation SHO. This regulation established the "locate" and
"close-out" requirements aimed at curtailing naked short selling
and other practices. Naked shorting takes place when investors sell
short shares that they do not possess and have not confirmed their
ability to possess. Having been in the financial services industry
for over two decades, I am well aware of how to vigorously pursue
those individuals who violate these obligations so as to ensure, by
all means at our disposal, that our shareholders are protected from
any possible nefarious behavior."
For further information about the Company's $40MM Rights
Offering, please refer to: https://creatd.com/presentation.
About Creatd
Creatd, Inc. (Nasdaq CM: CRTD) is a company with a mission to
provide economic opportunities to creators and brands by
multiplying the impact of platforms, people, and technology. The
Company has four main business segments, or 'pillars': Creatd Labs,
Creatd Partners, Creatd Ventures, and Creatd Studios. Each pillar
is characterized by a distinct revenue model, while operating on a
shared-services structure and proprietary data collected from our
multiple technology platforms. Creatd's pillars work together to
create a flywheel effect, supporting our core vision of creating a
viable and safe ecosystem for all stakeholders in the creator
economy.
Creatd: https://creatd.com;
Creatd IR: https://investors.creatd.com;
Vocal Platform: https://vocal.media;
Investor Relations Contact: ir@creatd.com
Forward-Looking Statements
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or involve discussions as to, expectations, beliefs, plans,
objectives, assumptions or future events or performance (often, but
not always, indicated through the use of words or phrases such as
"will likely result," "are expected to," "will continue," "is
anticipated," "estimated," "intends," "plans," "believes" and
"projects") may be forward-looking and may involve estimates and
uncertainties which could cause actual results to differ materially
from those expressed in the forward-looking statements. We caution
that the factors described herein could cause actual results to
differ materially from those expressed in any forward-looking
statements we make and that investors should not place undue
reliance on any such forward-looking statements. Further, any
forward-looking statement speaks only as of the date on which such
statement is made, and we undertake no obligation to update any
forward-looking statement to reflect events or circumstances after
the date on which such statement is made or to reflect the
occurrence of anticipated or unanticipated events or circumstances.
New factors emerge from time to time, and it is not possible for us
to predict all of such factors. Further, we cannot assess the
impact of each such factor on our results of operations or the
extent to which any factor, or combination of factors, may cause
actual results to differ materially from those contained in any
forward-looking statements. This press release is qualified in its
entirety by the cautionary statements and risk factor disclosure
contained in our Securities and Exchange Commission filings.
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SOURCE Creatd, Inc.