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Creatd CEO and Executive Chairman Jeremy Frommer Joins Blue Gold Advisory Board
Globenewswire· 2025-08-07 16:00
Core Insights - Creatd, Inc.'s CEO Jeremy Frommer has been appointed to the Executive Advisory Board of Blue Gold Limited, which focuses on blockchain-integrated gold-backed financial instruments [1][2] - Frommer will act as a senior advisor, leveraging his expertise in fintech and structured finance to enhance Blue Gold's digital gold token strategy [2][3] - The appointment aligns with Creatd's strategy to connect high-growth ventures with necessary resources, viewing the digital asset space as complementary to its core strengths [3][4] Company Overview - Creatd, Inc. is a publicly traded holding company that invests in technology, media, consumer, and capital markets, focusing on businesses with strong fundamentals and high growth potential [5] - Blue Gold Limited aims to acquire high-potential mining assets and innovate monetization models, including asset-backed digital instruments, while committing to responsible development and operational transparency [6][7] Strategic Implications - Frommer's extensive experience in finance and technology is expected to enhance Blue Gold's access to institutional capital and advisory networks [7] - The collaboration is anticipated to create synergies between Creatd and Blue Gold, expanding Creatd's presence in emerging digital asset verticals [7]
Creatd's Flyte AI-Driven Platform Advances New Empty Legs Offering
Prism Media Wire· 2025-08-06 13:32
Core Insights - Creatd's aviation subsidiary, Flyte, has launched a new offering called Empty Legs, which provides pre-scheduled one-way flights at significantly reduced rates, aiming to monetize aircraft repositioning and lower costs for consumers [3][5] - The Empty Legs program offers discounts of up to 90% compared to traditional charter rates, targeting first-time private flyers and cost-conscious corporate travelers [5][7] - The initiative is expected to generate high-margin revenue and provide valuable data insights for future scheduled services, particularly for Vision Jet routes [6][10] Pricing and Revenue Model - Flyte's Empty Legs program allows the conversion of unavoidable repositioning expenses into a profitable revenue stream, with minimal variable costs [5] - Each booking serves as a data point for real-world demand, guiding the development of future ticket-based services [6][10] Market Strategy - Flyte is collaborating with a select group of Part 135 operators to enhance route coverage without increasing fleet capital, leveraging operational data to inform service rollout [8][9] - The program aims to refine pricing algorithms and deepen partnerships with operators, facilitating the launch of scheduled Vision Jet shuttles [10] Customer Experience - Passengers using the Empty Legs service will enjoy private-terminal access, expedited boarding, and amenities comparable to full-fare charters [9] - The inventory for Empty Legs is searchable in real-time via Flyte's web app, maximizing seat absorption and data capture [9]
Creatd’s Flyte AI-Driven Platform Advances New Empty Legs Offering
Globenewswire· 2025-08-06 13:30
Core Insights - Creatd, Inc.'s aviation subsidiary, Flyte, has launched a new offering called Empty Legs, which monetizes aircraft repositioning and significantly reduces costs for consumers seeking private and regional air travel [1][2] - The Empty Legs program offers itineraries at discounts of up to 90% compared to traditional charter rates, targeting first-time private flyers and cost-conscious corporate travelers [2][4] - The initiative is expected to generate high-margin revenue while providing valuable data insights to guide future service expansions and pricing strategies [3][5] Company Strategy - Flyte's CEO, Jeremy Frommer, emphasized that the Empty Legs program serves as both a discounted flight option and a data engine to inform the development of scheduled, ticket-based services [3] - The company is collaborating with a curated group of Part 135 operators to enhance route coverage without increasing fleet capital, leveraging operational data to refine pricing algorithms and accelerate the launch of Vision Jet shuttles [3][5] - Flyte aims to make regional private aviation more predictable, affordable, and scalable, aligning with modern transportation networks [5] Customer Experience - Passengers using the Empty Legs service will enjoy private-terminal access, expedited boarding, and amenities comparable to full-fare charters, enhancing the overall travel experience [4] - The inventory for Empty Legs is searchable in real-time via Flyte's web app and distributed through select broker channels to maximize seat absorption and data capture [4][7] Market Positioning - The Vision Jet's low operating costs and short-field performance are highlighted as key advantages for high-frequency regional service, allowing Flyte to scale capacity rapidly while maintaining low balance-sheet leverage [4] - The strategic partnerships with operator fleets are designed to expand capacity while preserving an asset-light business model, which is expected to appeal to both travelers and investors [7]
Creatd's Flyte Introduces Jet Card Membership Program, Featuring Cryptocurrency Payment Option
Prism Media Wire· 2025-07-21 13:32
Core Insights - Creatd, Inc.'s aviation subsidiary, Flyte, has launched the Flyte Jet Card, a premium loyalty program aimed at enhancing the private aviation experience for frequent flyers [3][5] - The program offers guaranteed jet access, fixed hourly rates, and no hidden fees, catering to high-frequency travelers [5][6] - Flyte Jet Card introduces Bitcoin as a payment option, showcasing the company's commitment to financial flexibility and innovation [3][6] Company Strategy - The launch of the Flyte Jet Card aligns with Creatd's broader strategy to expand its digital asset infrastructure and build a long-term Bitcoin treasury position [3][6][7] - The program is designed to meet the needs of clients who prioritize reliability, efficiency, and luxury in their travel experiences [7] - Flyte aims to position itself at the intersection of convenience, technology, and financial innovation, appealing to high-net-worth individuals [7] Company Overview - Creatd, Inc. focuses on investments and operations across various sectors, including technology, media, aviation, advertising, and consumer markets [8] - Flyte, as an air mobility company, is redefining private air travel through AI-powered infrastructure and user-centered design [9]
Creatd’s Flyte Introduces Jet Card Membership Program, Featuring Cryptocurrency Payment Option
Globenewswire· 2025-07-21 13:30
Core Insights - Creatd, Inc. has launched the Flyte Jet Card, a premium loyalty program aimed at enhancing the private aviation experience for frequent flyers [1][4] - The program offers guaranteed aircraft availability, fixed hourly pricing, and complementary services, catering to high-frequency travelers [2][6] - Flyte Jet Card accepts Bitcoin as a payment method, positioning Flyte as a leader in private aviation that embraces cryptocurrency [3][6] Company Overview - Creatd, Inc. operates across various sectors including technology, media, aviation, advertising, and consumer markets, focusing on small-cap companies to drive growth [5] - Flyte, Inc. is redefining private air travel through AI-powered infrastructure and user-centered design, offering services like Flyte Hops and Flyte Luxe [6]
Creatd, Inc. Closes $2.3 Million Multi-Company Investment to Expand Investor Engagement Ecosystem
Globenewswire· 2025-07-15 13:30
Core Insights - Creatd, Inc. has closed a series of investments totaling $2.3 million, structured entirely in Creatd Preferred stock, which includes minority stakes in PCG Advisory and three affiliated entities [1][4] - The strategic investment aligns with Creatd's mission to modernize access to capital markets through AI-enabled platforms and community-driven investor engagement [2] Transaction Summary - Total Investment: $2.3 million in CRTD stock - Total Combined Pre-Money Valuation: $9.5 million - Total Combined Post-Money Valuation: $11.8 million - The four companies involved are led by Jeff Ramson, founder of PCG Advisory, who will continue to lead operations [4] Strategic Rationale and Platform Synergies - The investments mark a milestone in Creatd's plan to consolidate complementary service providers focused on small- and micro-cap sectors [5] - The additions will enhance Creatd's CEOBLOC platform, which supports public company leadership with governance, visibility, and capital formation tools [5] Company-Specific Details - PCG Advisory will anchor Creatd's investor relations capabilities - PRISM Media Holdings and PRISM MediaWire will expand digital communications and regulatory disclosure - AIIRHub will introduce smart automation features to improve shareholder engagement [6] Leadership Commentary - Jeremy Frommer, Chairman and CEO of Creatd, stated that these investments represent a significant step in building a future-oriented financial communications and technology platform [7] - Jeff Ramson, CEO of PCG Advisory, emphasized the importance of integration in investor relations, stating that the partnership with Creatd will accelerate their vision for a fully integrated communications platform [9] Investment Breakdown - PCG Advisory, Inc.: 25% equity stake at a $5 million valuation, Investment: $1,250,000 - PRISM Media Holdings, Inc.: 25% equity stake at a $2 million valuation, Investment: $500,000 - PRISM MediaWire, Inc.: 25% equity stake at a $1 million valuation, Investment: $250,000 - AIIRHub, Inc.: 20% equity stake at a $1.5 million valuation, Investment: $300,000 [8]
Creatd Completes Purchase of 25% of PCG Advisory for $1.25 Million
Globenewswire· 2025-06-30 13:30
Core Insights - Creatd, Inc. has acquired a 25% equity stake in PCG Advisory, Inc. for $1.25 million, marking a strategic move to enhance its portfolio in investor relations [1][2] - This acquisition is part of a broader strategy to build synergistic assets that support public companies through technology and access to capital [2][3] - The partnership with PCG Advisory aims to empower emerging growth companies with innovative infrastructure and scalable tools [3] Group 1 - The purchase of the equity stake in PCG Advisory is valued at $1.25 million [1] - PCG Advisory is recognized as a leading investor relations firm for private emerging growth and small-cap public companies [1][2] - The acquisition is part of a series of related transactions that Creatd plans to announce in the coming weeks [1] Group 2 - Creatd's strategy focuses on assembling high-impact assets that enhance investor relations and support public companies [2] - PCG Advisory has a strong reputation for combining strategic communications with a community-focused approach [2][3] - The collaboration is expected to strengthen the foundation for supporting early-stage and growth companies in public markets [3]
Creatd, Inc. Completes 2024 PCAOB Audit, Achieving Two Years of Audited Financials and Clearing Path Toward SEC Re-Registration and National Exchange Uplisting
Globenewswire· 2025-06-24 18:57
Core Insights - Creatd, Inc. has completed its 2024 PCAOB audit and submitted audited financials to the OTC Markets, positioning the company for SEC re-registration and potential uplisting to a national securities exchange [1][3] Financial Highlights - Net equity has improved by $18 million since 2023, with over $2.9 million reported as of now, and $15 million of that gained during the 2024 fiscal year [6] - Revenues for fiscal year 2024 totaled approximately $1.5 million, a figure already matched in the first half of 2025 [6] Strategic Developments - In 2024, the company addressed challenges by securing funding through collaboration with shareholders and strategic partners, allowing it to sustain and grow operations [3][4] - Creatd has built a diversified model by acquiring complementary businesses and integrating them into a shared infrastructure, which includes consolidating revenues and unifying back-office functions [3][4] Management Commentary - The CEO of Creatd highlighted the past two years as both challenging and transformative, emphasizing the lessons learned from navigating the microcap sector's difficulties [4][5] - The company aims to continue acquiring and supporting peers in the microcap space, recognizing the importance of collaboration for success [5]
Creatd, Inc. Publishes Q1 2025 Financial Report Highlighting a $7.9M Improvement in Net Equity
Prism Media Wire· 2025-05-21 13:33
Core Insights - Creatd, Inc. reported a significant improvement in net equity, increasing by $7.9 million in Q1 2025, marking an 80% quarter-over-quarter increase from Q4 2024 [8] - The company achieved revenues of $721,815 in Q1 2025, which is a 70% year-over-year growth from $428,000 in Q1 2024 [8] - The acquisition of Flyte, a platform in the private aviation and travel technology sector, is a key contributor to the company's performance and aligns with its long-term strategic goals [4][5] Financial Performance - Net equity improved by $7.9 million in Q1 2025, reflecting a strong financial turnaround for the company [8] - Revenues reached $721,815, indicating robust growth compared to the previous year [8] Strategic Acquisitions - The acquisition of Flyte supports Creatd's strategy of acquiring established businesses that deliver immediate financial results [4] - The company announced its intent to acquire a stake in PCG Advisory and its affiliated companies for $2.3 million, further enhancing its net equity [5][6] - The PCG transaction is part of a broader strategy to reduce liabilities and pursue additional strategic transactions [6] Future Outlook - Creatd is focused on applying for an uplisting to a national exchange in Q3 2025, leveraging its improved financials and strategic acquisitions [5][6] - The company emphasizes a commitment to growing revenue and maintaining a strong balance sheet as it prepares for future growth [6]
Creatd, Inc. to Acquire Strategic Stakes in PCG Advisory Inc., and Related Affiliates in $2.3 Million All-Stock Transaction
Prism Media Wire· 2025-05-20 12:30
Core Viewpoint - Creatd, Inc. is set to acquire a 25% stake in PCG Advisory, Inc. and its two related companies, along with a 20% stake in the technology start-up AIRHub, in a $2.3 million all-stock transaction, enhancing its investor relations and strategic communications capabilities [3][11]. Group 1: Acquisition Details - The acquisition involves a total investment of $2.3 million in an all-stock deal, which includes 25% of PCG Advisory and its related companies, as well as 20% of AIRHub [3][11]. - PCG Companies is recognized for its expertise in investor relations and strategic communications, particularly for microcap and small-cap companies [4][10]. Group 2: Strategic Rationale - This acquisition aligns with Creatd's strategy to leverage technology for unifying data, governance, and investor engagement into a single platform for public companies [5][11]. - The integration of PCG's services with Creatd's existing platform, CEOBLOC, aims to enhance investor engagement tools and services for small-cap companies [6][11]. Group 3: Leadership Insights - Jeremy Frommer, Chairman & CEO of Creatd, emphasizes the importance of this partnership in providing advanced investor engagement tools that connect microcap companies with retail investors [6][7]. - Jeff Ramson, Founder and CEO of PCG Advisory, highlights the opportunity to enhance client value through this collaboration, leveraging Creatd's AI-driven approach [7][8]. Group 4: Company Backgrounds - Creatd, Inc. is a publicly traded holding company focused on investments across technology, media, advertising, and consumer sectors, aiming to drive growth in small-cap companies [9]. - PCG Advisory specializes in high-impact investor relations and strategic communications, with a strong focus on emerging growth sectors such as life sciences and technology [10].