CRTD - Creatd's symbol change to VOCL approved by FINRA effective Apr.3

2023-03-31 12:27:58 ET

• Creatd ( OTCQB:CRTD ), parent company of Vocal, received approval from the Financial Industry Regulatory Authority for symbol change of its common stock to "VOCL", effective Apr.3, 2023.
• "Changing the symbol to and soon officially changing the name of the company from Creatd to Vocal is part of a larger effort to split the company into three distinct publicly traded businesses, with three distinct CUSIPs. These steps generate significant corporate actions. Creatd's legacy media archive, OG Collection, is set to file an S-1 in accordance with plans to spin it off as a special dividend to shareholders. The OG Collection will be assigned its own independent CUSIP and ticker symbol, potentially ," CEO Jeremy Frommer commented.
• The next step is to spin off Creatd Ventures, which houses the company's growing direct-to-consumer product businesses, including flagship product Basis, a hydration mix that is currently the company's best seller with a 2-3 times return on ad spend.
• It plans to list Creatd Ventures on the tZero platform, with its own independent CUSIP and ticker symbol, potentially , to be distributed to all shareholders at a later date.
• Post the completion of the spin-offs, the plan is to then list on tZERO and similarly to list on Upstream.

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