Latest news with #Creatd
Globe and Mail
4 days ago
- Business
- Globe and Mail
Creatd CEO and Executive Chairman Jeremy Frommer Joins Blue Gold Advisory Board
Strategic Alignment: Frommer brings over two decades of experience at the intersection of finance and technology to Blue Gold's tokenized gold initiative. Institutional Bridge: Appointment expected to enhance Blue Gold's access to institutional capital and advisory networks. Portfolio Synergy: Creatd continues to expand its presence across emerging digital asset verticals through advisory and platform integration. NEW YORK, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Creatd, Inc. (OTC: CRTD) today announced that its CEO and Executive Chairman, Jeremy Frommer, has been appointed to the Executive Advisory Board of Blue Gold Limited, a publicly traded company advancing blockchain-integrated gold-backed financial instruments. Frommer will serve as a senior advisor to Blue Gold's leadership, supporting the Company's strategy to build institutional credibility around its digital gold token offering. His background in fintech, structured finance, and platform innovation is expected to play a key role in shaping the Company's capital markets roadmap. 'Gold has always been a store of value,' said Jeremy Frommer, Executive Chairman of Creatd, Inc. 'Blue Gold's model redefines accessibility, applying transparency, speed, and digital trust to a legacy asset. I look forward to contributing operational insight and market strategy as they scale.' Frommer's appointment reflects Creatd's broader strategic framework: using its platform to connect high-growth ventures with infrastructure, capital, and advisory resources. The Company views the digital asset space as a natural adjacency to its core strengths in platform strategy, data systems, and compliance. Blue Gold's advisory board now includes Frommer alongside other industry operators and technologists working to bring blockchain-backed asset models into institutional markets. For more information on Creatd's strategic initiatives, visit About Creatd, Inc. Creatd, Inc. (OTC: CRTD) is a publicly traded holding company focused on investing in and operating businesses across technology, media, consumer, and capital markets. The Company builds, acquires, and accelerates assets with strong fundamentals and high growth potential, supported by a shared infrastructure built for scalability and transparency. About Blue Gold Limited Blue Gold Limited is a next-generation gold development company focused on acquiring and aggregating high-potential mining assets across strategic global jurisdictions. The Company's mission is to unlock untapped value in the gold sector by combining disciplined resource acquisition with innovative monetization models, including asset-backed digital instruments. Blue Gold is committed to responsible development, operational transparency, and leveraging modern financial technologies to redefine how gold is produced, accessed, and owned in the 21st century. Blue Gold prioritizes growth, sustainable development, and transparency in all our business practices. We believe that our commitment to responsible mining will enable us to create value for our shareholders while minimizing our environmental footprint. For further information, contact:
Yahoo
5 days ago
- Business
- Yahoo
Creatd's Flyte AI-Driven Platform Advances New Empty Legs Offering
Accessible Private Travel: Flyte's new Empty Legs offering provides discounts of up to 90% on repositioning flights, expanding access to business-jet service. Per-Seat Roadmap: Empty Leg demand data will inform the rollout of scheduled, ticketed Vision Jet shuttles. Strategic Partnerships: Agreements with select operator fleets expand capacity while preserving asset-light economics. NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Creatd, Inc. (OTC: CRTD) today announced that its aviation subsidiary, Flyte, has introduced Empty Legs, a pre-scheduled one-way offering that monetizes aircraft repositioning while materially lowering the consumer's cost of private and regional air travel. The initiative is designed to generate incremental, high-margin revenue. Flyte's Empty Leg itineraries are released at up to 90% below traditional charter rates, creating an on-ramp for first-time private flyers and cost-conscious corporate travelers. Because these flights would otherwise operate empty, variable costs remain minimal, allowing Flyte to convert an unavoidable expense into a meaningful profit stream and real-time market laboratory. 'Flyte's Empty Legs is a discounted flight program that doubles as a data engine guiding our move to scheduled, ticket-based service,' said Jeremy Frommer, CEO of Creatd, Inc. 'Each booking gives us real-world demand insights, letting us launch future Vision Jet routes with proven interest and strong unit economics.' To accelerate market penetration, Flyte is aligning with a curated group of Part 135 operators whose repositioning inventory now populates the Flyte digital platform, instantly broadening route coverage without incremental fleet capital. Insights from load factors, booking velocity, and origin-destination pairs will guide the rollout of dedicated Vision Jet shuttles on underserved Northeast city pairs. 'The Vision Jet's low operating cost and short-field performance make it ideal for high-frequency regional service,' added Marc Sellouk, Founder of Flyte. 'Paired with our operator network, we can scale capacity rapidly while keeping balance-sheet leverage low, a proposition we believe will resonate with both travelers and investors.' All Empty Leg passengers enjoy private-terminal access, expedited boarding, and the same cabin amenities provided on full-fare charters. Inventory is searchable in real time via Flyte's web app and is distributed through select broker channels to maximize seat absorption and data capture. Looking ahead, Flyte will leverage operational data from the Empty Legs program to refine pricing algorithms, deepen operator partnerships, and accelerate the launch of scheduled Vision Jet shuttles, advancing its mission to make regional private aviation as predictable, affordable, and scalable as any modern transportation network. About Creatd, Inc. Creatd, Inc. focuses on investments and operations across technology, media, aviation, advertising, and consumer sectors. By leveraging its expertise in structured finance and acquisitions, Creatd identifies and nurtures opportunities within small-cap companies, driving growth and innovation across its diverse portfolio. About Flyte, Inc. Flyte is an air mobility company redefining private air travel through AI-powered infrastructure and user-centered design. Flyte operates Flyte Hops, a regional air taxi service, as well as Flyte Luxe, a premium global charter service. For investor inquiries, contact:ir@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-06-2025
- Business
- Yahoo
Creatd, Inc. Completes 2024 PCAOB Audit, Achieving Two Years of Audited Financials and Clearing Path Toward SEC Re-Registration and National Exchange Uplisting
NEW YORK, June 24, 2025 (GLOBE NEWSWIRE) -- Creatd, Inc. (OTC: CRTD), a company focused on acquiring synergistic technology businesses, today announced the completion of its 2024 PCAOB audit and submission of audited financials to the OTC Markets. With two consecutive years of audited financial statements now finalized, along with the Company's Q1 2025 financials published on the OTC, the Company is fully current with its reporting. This positions Creatd to re-register its securities with the SEC, reapply for listing on the OTCQB, and continue progressing toward an uplisting to a national securities exchange. Key Financial Highlights: As of today, net equity stands at over $2.9 million, reflecting an $18 million improvement since 2023, with $15 million of that gained during the 2024 fiscal year. Revenues for fiscal year 2024 totaled approximately $1.5 million, a figure already matched in the first half of 2025. The Company expects to reapply to the OTCQB imminently as part of its ongoing capital markets compliance strategy. Strategic Foundation Built in 2024 The year 2024 was a critical period in laying the groundwork for Creatd's financial recovery and long-term viability. The Company addressed two defining challenges: First, it overcame a capital-constrained environment by collaborating with shareholders and strategic partners. With them, it secured the funding necessary to sustain and grow operations during one of the most challenging periods for microcap companies. Second, Creatd adapted to the evolving microcap landscape, where single-focus, pure-play companies increasingly struggle to gain investor traction. It built a diversified model by acquiring complementary businesses and integrating them into a shared infrastructure. This included consolidating revenues across multiple lines, unifying back-office functions, technology systems, regulatory and compliance processes, and applying a platform-wide understanding of audience and market behavior. This adaptive approach allowed the Company not only to weather 2024, but to exit the year with a stronger balance sheet, broader revenue base, and a path forward toward SEC re-registration and uplisting. Jeremy Frommer, CEO of Creatd, commented: 'The past two years have been both the worst and, somehow, the greatest I've experienced in my career. We had to navigate the remissness of our previous auditing firm, who we terminated. At the same time, we endured a historic collapse in the microcap sector. It brought Creatd, the company I've led for over a decade, to its knees. But we never gave up, and what we learned about ourselves and today's business environment is invaluable. Today, we stand strong. We've built back a solid balance sheet, completed two years of PCAOB-audited financials, and proven we understand what it takes to survive a full cycle in the emerging growth public markets. We will continue to acquire, invest in, and support our peers because no one gets through this space alone.' The full audited 2024 Annual Report is available here, on OTC Markets. About Creatd, Inc. focuses on investments and operations across technology, media, aviation, advertising, and consumer sectors. By leveraging its expertise in structured finance and acquisitions, Creatd identifies and nurtures opportunities within small-cap companies, driving growth and innovation across its diverse portfolio. For investor inquiries, contact:ir@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Creatd, Inc. Publishes Q1 2025 Financial Report Highlighting a $7.9M Improvement in Net Equity
NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- Creatd, Inc. (OTC: CRTD), a holding company focused on acquiring synergistic companies, today announced the publication of its Q1 2025 financial results. Q1 2025 Highlights: Net equity improved by $7.9 million in Q1 2025, an 80% quarter-over-quarter increase from Q4 2024. Revenues reached $721,815, up from $428,000 in Q1 2024, representing 70% year-over-year growth Continued execution of uplisting strategy focused on strengthening the balance sheet and acquiring accretive operating businesses A major contributor to the first quarter's performance was the completed acquisition of Flyte, an emerging platform in the private aviation and travel technology sector. Flyte's addition supports Creatd's strategy of acquiring established businesses that deliver immediate financial results and align with long-term strategic goals. The momentum from Q1 is carrying into Q2, notably with yesterday's announcement of Creatd's intent to acquire a stake in PCG Advisory and its affiliated companies for a collective $2.3 million. Given recent developments in Q2, Creatd has now achieved positive net equity for the first time in over four years since its Nasdaq listing. This is an important step toward applying for an uplisting to a national exchange in Q3 2025. With a targeted closing at the end of June 2025, the PCG transaction is one of several deals designed to further increase the company's net equity. In tandem, Creatd is reducing liabilities and advancing additional strategic transactions already in motion. Jeremy Frommer, CEO of Creatd, commented: 'In addition to our accretive acquisitions and overall reduction in liabilities, we're seeing improving financials across our existing businesses, Vocal and OG Collection. While many microcap companies chase short-term wins at shareholders' expense, we're focused on fundamentals: growing revenue and maintaining a strong balance sheet. We're laying the groundwork for an uplisting, one transaction at a time.' The full Q1 2025 Quarterly Report is available on OTC Markets. About Creatd, Inc. focuses on investments and operations across technology, media, aviation, advertising, and consumer sectors. By leveraging its expertise in structured finance and acquisitions, Creatd identifies and nurtures opportunities within small-cap companies, driving growth and innovation across its diverse portfolio. For investor inquiries, contact:ir@
Yahoo
20-05-2025
- Business
- Yahoo
Creatd, Inc. to Acquire Strategic Stakes in PCG Advisory Inc., and Related Affiliates in $2.3 Million All-Stock Transaction
Creatd to acquire 25% of PCG Advisory and two closely aligned companies, as well as a 20% stake in a related technology start-up in a $2.3M all-stock deal, expanding its investor advocacy and communications platform by integrating PCG's products to its peer community. Acquisition adds $2.3 million in net equity to Creatd's balance sheet, and builds on Creatd's strategy of buying synergistic, scalable assets, where operationally Creatd can help expand technology applications. Advances Creatd's partner CEOBLOC, and its mission to level the playing field for retail investors and small-cap companies. NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- Creatd, Inc. (OTC: CRTD) has executed a binding Letter of Intent ('LOI') to acquire 25% of PCG Advisory, Inc., 25% of its two related companies, PRISM Media Holdings and PRISM MediaWire, and 20% of an affiliated technology start-up AIRHub, (collectively, the 'PCG Companies'), in a collective $2.3 million all-stock transaction. PCG Companies is a leading investor relations and strategic communications firm, utilizing advancements in technology and digital marketing services to enhance its offerings. Founded by Wall Street veteran Jeff Ramson, PCG Companies have built a reputation for helping microcap and small-cap companies navigate the complex landscape of investor relations, social media, regulatory compliance, and corporate positioning. With a stable, long-standing client base, PCG has consistently generated revenue and expanded its network, resulting in an EBITDA-positive business model. Creatd expects to enhance PCG's offerings and drive further growth across its client portfolio. Strategic Rationale The purchase supports Creatd's broader strategy of utilizing technology to unify data, governance, and investor engagement into a single platform for public companies. PCG's integration fits naturally with CEOBLOC, an affiliate of Creatd and a media and community platform for vetted microcap companies that drives awareness and distinguishes quality stakeholders in the space. 'With the purchase of a 25% interest in PCG Advisory & its two related companies, as well as a 20% stake a related technology start-up, we continue to execute on our vision of providing best-in-class investor engagement tools and services that empower small-cap companies and their investors,' said Jeremy Frommer, Chairman & CEO of Creatd. 'PCG's deep expertise in investor relations and social media, combined with Creatd's AI-powered capabilities, creates an ecosystem that bridges the gap between companies, particularly in the microcap space, and retail investor awareness.' 'I've known Creatd's CEO, Jeremy, and his team for nearly a decade, and have long respected their relentless drive and vision,' said Jeff Ramson, Founder and CEO of PCG Advisory. 'Partnering with Creatd presents an incredible opportunity to enhance the value we provide to our clients and expand our reach. Creatd's AI-driven, tech-first approach to investor engagement, combined with PCG's capital markets expertise and digital marketing focus, aims to redefine how companies connect with investors in a digital-first world. The transaction is expected to close in Q2 2025, subject to customary closing conditions. About Creatd, Inc. Creatd, Inc. is a publicly traded holding company that focuses on investments and operations across technology, media, advertising, and consumer sectors. By leveraging its expertise in structured finance and acquisitions, Creatd identifies and nurtures opportunities within small-cap companies, driving growth and innovation across its diverse portfolio. For more information, visit For investor relations, contact ir@ About PCG Advisory, Inc. PCG Advisory is a leading investor relations and strategic communications firm focused on providing high-impact services to innovative and emerging companies worldwide. The firm specializes in investor relations, capital markets strategy, digital media, and corporate communications, with deep expertise across life sciences, technology, and other emerging growth sectors. With a proven track record of helping clients effectively engage with the investment community, PCG Advisory, along with its related companies PRISM Media Holdings and PRISM MediaWire delivers tailored solutions designed to enhance visibility, build credibility, and support long-term value creation. For more information, please visit Forward-Looking Statements: This statement includes forward-looking statements, which are based on current expectations, beliefs, and assumptions about future events and are subject to uncertainties and risks that could cause actual results to differ materially. These statements often contain terms like "expected," "anticipated," and "estimated." Factors influencing future outcomes are unpredictable and may emerge over time. We do not commit to updating any forward-looking statement post its publication date. Our SEC filings provide further details and risk disclosures.
