Creatd Announces Termination of Discussions with GTII Regarding Proposed Acquisition

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Feb 24, 2023, 12:19 ET

NEW YORK, Feb. 24, 2023 /PRNewswire/ -- Creatd, Inc. (OTCQB: CRTD; Upstream: CRTD) ("Creatd" or the "Company"), a creator-first technology company, today announced that it has decided not to proceed with a proposed transaction with Global Tech Industries Group, Inc. ("GTII"). While Creatd has concluded discussions of a proposed acquisition, it will honor the no-shop terms outlined in the Letter of Intent signed with GTII.

About Creatd

Creatd, Inc. (OTCQB: CRTD) is a company with a mission to provide economic opportunities to creators and brands by multiplying the impact of platforms, people, and technology. 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: [email protected]

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SOURCE Creatd, Inc.