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Creatd, Inc. (OTCQB: CRTD) Executes Reverse Stock Split to Meet National Exchange Listing Requirements
Financial Modeling Prep· 2026-02-24 21:11
Group 1 - Creatd, Inc. focuses on digital content creation and distribution, operating in a competitive market with innovative solutions for creators and brands [1] - The company executed a reverse stock split at a ratio of 20 for 1 to meet national exchange listing requirements, which include minimum bid price thresholds [2][5] - Following the reverse split, Creatd's stock will trade under the symbol $CRTDD for 20 business days before reverting to $CRTD [3][5] Group 2 - The current price of CRTD is $0.54, with a trading range between $0.50 and $0.54; over the past year, it reached a high of $1 and a low of $0.18 [4] - The company's market capitalization is approximately $5.6 million, with a trading volume of 328 shares [4] - No new financing will accompany the reverse split, indicating a focus on meeting listing requirements without additional capital raising [4][5]
Creatd Completes 1:20 Reverse Stock Split as Part of Uplisting Strategy
Globenewswire· 2026-02-23 22:18
Core Viewpoint - Creatd, Inc. will implement a 20:1 reverse stock split of its common stock effective February 24, 2026, to meet national exchange listing requirements [1][2][7] Group 1: Reverse Stock Split Details - The reverse stock split will reduce the number of issued and outstanding shares on a 1-for-20 basis, with the stock symbol changing to $CRTDD for 20 business days starting February 24, 2026, before resuming as $CRTD [2][3] - The reverse stock split was approved by the Company's Board of Directors and Shareholders, and will be executed through FINRA's corporate action process [3][7] - The split will proportionally increase the per-share trading price while maintaining each shareholder's relative ownership interest, with no fractional shares issued [4][7] Group 2: Shareholder Impact - Shareholders holding shares in brokerage accounts or in book-entry form will not need to take any action, as the adjustment will be automatically reflected in their accounts [5]
VTAK Acquires 20% Interest in Creatd’s Subsidiary Fly Flyte, Inc.
Globenewswire· 2026-02-17 19:17
Core Insights - Creatd, Inc. announced that Catheter Precision, Inc. has acquired a 20% equity interest in its subsidiary Fly Flyte, Inc. through a secondary purchase from an existing shareholder, aligning with Creatd's strategy of nurturing technology-enabled subsidiaries while maintaining operational independence [1] - The CEO of Creatd emphasized the company's commitment to building a portfolio of small-cap operating companies, aiming to address market gaps created by the contraction of middle markets over the last two decades [2] - Fly Flyte is currently operational, providing AI-enabled regional aviation services that enhance accessibility and convenience, leveraging certified aircraft and established routes for real-time revenue generation [2] Strategic Developments - The partnership with NYSE-listed VTAK expands Fly Flyte's investor network, enhancing its growth potential [4] - Creatd is actively pursuing multiple acquisition discussions to advance its portfolio strategy [4] - Fly Flyte is positioned to transform regional aviation through its focus on accessibility, convenience, and technology-driven operations [4] Company Overview - Creatd, Inc. focuses on acquiring and growing technology-driven companies in sectors such as aviation, media, and advisory services, utilizing a shared services model to enhance efficiency and market reach [3]
Flyte, Inc. Expands Vision Jet Fleet to Support 2026 Growth Strategy
Prism Media Wire· 2025-11-24 14:00
Core Insights - Flyte, Inc. is expanding its fleet of Cirrus Vision Jets as part of its growth strategy for FY2026, aiming to operate ten Vision Jets and three Pilatus aircraft [2][6] - The expansion is supported by a strengthened balance sheet, reduced liabilities, and improved operational efficiency, attracting interest from strategic partners and investors [5][6] - Recent federal programs providing passive-income advantages for aviation-asset participation have increased investor engagement in Flyte's fleet expansion initiatives [5][7] Fleet Strategy - Flyte's fleet strategy focuses on efficient, mission-versatile aircraft that can meet both passenger and medical-logistics demands [4] - The Cirrus Vision Jet is noted for its low operating costs, advanced safety systems, and suitability for short- and mid-range missions [4] - The planned Pilatus aircraft will enhance the Vision Jet platform by offering greater payload and multi-mission capabilities for extended routes [4] Financial Position - The acquisition of additional Cirrus Vision Jets reflects Creatd's strengthened financial position and ongoing year-over-year revenue growth [6] - The company is actively pursuing further assets, including additional Vision Jets from the Verijet, Inc. bankruptcy [6]
Creatd, Inc. Reports Record EPS, Up 75% YoY; Net Equity Surpasses $9 Million
Globenewswire· 2025-11-17 14:30
Core Insights - Creatd, Inc. reported strong financial results for Q3 2025, highlighting significant revenue growth, reduced operating expenses, and improved profitability on a per-share basis [1][8] - The company plans to file an S-1 registration statement as part of its strategy to uplist to a national exchange [1][10] Financial Performance - Revenues for the nine months ending September 30, 2025, reached $2.3 million, a 93% increase from $1.2 million in the same period of 2024 [2] - Basic and diluted loss per share improved by 75%, with losses of $(0.13) and $(2.10) for the three and nine months ending September 30, 2025, respectively, compared to $(0.50) and $(8.53) in the previous year [3][8] - Excluding stock-based compensation, the company achieved a record per-share gain of $0.45, a significant improvement from a $(4.11) loss in 2024 [3] Balance Sheet Strength - Total assets exceeded $18 million at the end of Q3 2025, up from approximately $2 million at the end of 2024 [4] - Total liabilities decreased from $12.5 million to $9.2 million during the first nine months of 2025, with positive shareholder equity rising to over $10 million [4][8] Strategic Developments - The acquisition and integration of Flyte, an air mobility and aviation technology business, has been a key driver of the company's progress, enhancing operational efficiencies and revenue generation [5][12] - The company is transitioning into the advanced air mobility sector through its Flyte subsidiary, which holds an FAA Part 135 Air Carrier Certificate [12] Leadership Insights - CEO Jeremy Frommer emphasized the company's operational turnaround and the approach towards achieving positive earnings per share, reflecting disciplined execution [6][11] - The company has engaged Dawson James Securities, Inc. and Lucosky Brookman, LLP to assist in its uplisting process, aiming to avoid traditional underwriting structures that have negatively impacted small companies [9][10]
Creatd, Inc. Engages Dawson James Securities, Inc. and Lucosky Brookman, LLP to  Execute Uplisting Strategy
Prism Media Wire· 2025-11-13 14:32
Core Insights - Creatd, Inc. has engaged Dawson James Securities, Inc. as its financial advisor and Lucosky Brookman LLP as legal counsel to facilitate its uplisting strategy to a national securities exchange [4][5] - The company aims to enhance its capital markets strategy, increase institutional visibility, and improve shareholder value in line with national exchange listing standards [5][7] - CEO Jeremy Frommer will provide updates on the uplisting process during the upcoming Investor Conference on November 17, 2025 [5][7] Engagement of Advisors - Creatd has retained Dawson James Securities as financial advisor and Lucosky Brookman LLP as legal counsel to execute its uplisting plan [7] - This engagement is seen as a significant step in the company's efforts to prepare for a national exchange listing [5][7] Commitment to Growth - The company's actions are focused on strengthening its readiness for national exchange listing, which is expected to boost institutional visibility and shareholder value [5][7] - The strategic initiative reflects Creatd's commitment to long-term growth and capital market engagement [5][6] Upcoming Events - An Investor Conference is scheduled for November 17, 2025, where updates regarding the uplisting process will be shared by the CEO [5][7]
Creatd, Inc. Engages Dawson James Securities, Inc. and Lucosky Brookman, LLP to Execute Uplisting Strategy
Globenewswire· 2025-11-13 14:30
Core Insights - Creatd, Inc. is committed to uplisting to a national securities exchange and has engaged Dawson James Securities, Inc. as its financial advisor and Lucosky Brookman LLP as legal counsel for this initiative [1][2] - The CEO emphasized the importance of this engagement as a milestone in enhancing the company's capital markets strategy and increasing institutional visibility [2] Company Overview - Creatd, Inc. is transitioning into the advanced air mobility sector through its subsidiary Flyte, which holds an FAA Part 135 Air Carrier Certificate and is developing an AI-enabled aviation platform for regional hops, private charters, and high-end travel experiences [3]
Creatd to File Quarterly Financials on Friday, November 14; Schedules Investor Conference Call for Monday, November 17 at 4:30 PM ET
Globenewswire· 2025-11-10 19:55
Group 1 - Creatd, Inc. expects to file its Quarterly Report on Form 10-Q for Q3 2025 on November 14, 2025, and will host an investor conference call on November 17, 2025 [1] - For Q3 2025, Creatd estimates preliminary revenues of nearly $1,000,000, representing a 163% year-over-year increase compared to Q3 2024 [1] - Revenues for the nine months ended September 30, 2025, are estimated at approximately $2.28 million, a 93% increase from the same period last year [1] Group 2 - The integration of Flyte is improving gross margins through operational efficiencies and a reduction in cost of revenue, with strengthened EBITDA performance during the quarter [2] - Creatd, Inc. focuses on investing in and operating businesses across technology, media, consumer, and capital markets, aiming to build, acquire, and accelerate assets with strong fundamentals and high growth potential [3] - Flyte is a private aviation company that aims to revolutionize air travel through accessibility and technology-driven innovation, offering a seamless booking platform and an on-demand model [4]
Creatd Launches Flyte Escapes: AI-Enhanced Luxury Travel Experiences for the Modern Era
Prism Media Wire· 2025-10-29 13:30
Core Insights - Creatd, Inc. has launched Flyte Escapes, an AI-enhanced luxury travel service that offers integrated private jet itineraries, curated stays, and exclusive access for high-end clients [3][8] - Flyte Escapes aims to redefine experiential travel by leveraging first-party data and an in-house marketing engine to connect with qualified travelers and strategic brand partners [3][6] Company Overview - Creatd, Inc. focuses on investing in and operating businesses across technology, media, consumer, and capital markets, aiming to build and accelerate assets with strong fundamentals and high growth potential [10] - The company is positioned to explore future acquisitions and partnerships in the travel and hospitality sectors through Flyte Escapes [7] Product Offering - Flyte Escapes provides a seamless travel experience by combining private aviation, luxury accommodations, and curated experiences, all coordinated by expert concierges using AI-driven tools [4][5] - The service is designed for B2B partnerships, expanding Creatd's footprint in the experience travel market and creating new revenue streams [8] Market Positioning - Flyte Escapes is tailored to meet the evolving needs of private flyers who prioritize time, discretion, and effortless access, positioning Creatd at the forefront of a new era in luxury travel [6][7] - The initiative reflects a commitment to building experiences that resonate beyond the journey itself, celebrating unique moments and destinations [7]
Creatd, Inc. Approved to Trade on the OTCQB Venture Market with Nearly $10 Million in Positive Net Equity
Globenewswire· 2025-10-21 18:21
Core Points - Creatd, Inc. has been approved to trade on the OTCQB Venture Market, effective October 22, 2025, marking a significant advancement from the OTCID Market [1] - The company has restored approximately $10 million in positive net equity and has a growing portfolio of tangible assets, including the successful integration of Flyte, valued at $14 million, which is expected to contribute significantly to annual revenues [2] - The rejoining of the OTCQB is seen as a new era for Creatd, indicating restored financial stability and positioning the company for a future national exchange listing [3] Market Advancement - The uplisting to the OTCQB represents the company overcoming critical obstacles before applying for a national exchange [5] - Trading on the OTCQB is expected to enhance visibility among institutional and retail investors, improve share liquidity, and expand access to a broader base of investors [4] Strategic Objective - The company aims to build lasting value and is positioned to pursue national exchange listing goals without relying on dilutive financing, supported by its nearly $10 million in positive net equity [5] Future Financing - The financial turnaround of the Flyte acquisition is complete, with expectations to include three Cirrus Vision Jet SF50 aircraft in its fleet by the end of fiscal year 2025 [5]