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CRTD
CREATD INC.
0.388
0.00737
1.94%
0.33 / 0.398 (1 x 1)
- Creatd backs a seasoned CEO leading the Murge effort, with over $1.6 billion raised and three successful IPOs from scratch.
- The deal is structured as a preferred equity transaction, ensuring a non-dilutive event for existing shareholders and no change in control.
- Voting rights for new shareholders capped at under 5%, with principals restricted from selling shares for multiple years.
- Creatd expects to close the Murge transaction within 45 days.
- Acquisition targets are expected to help Murge and Creatd reach $100 million in annual revenues within 18 months.
About Murge E-commerce Inc.
About Creatd
Creatd, Inc. functions as a publicly traded holding company, strategically anchored in the digital domain. At the core of its business suite is its subsidiary Vocal, Inc. and its flagship product, Vocal - a social media and publishing platform designed to amplify user engagement and monetization.
Forward Looking Statements
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