other material
confidence high
sentiment positive
materiality 0.55
Creatd raises $2.5M in insider-led PIPE financing; relocates HQ to NYC
Creatd, Inc.
- PIPE raised ~$2.5M at $1.75/share with 1.4M shares and 1.4M warrants issued.
- Executive Chairman Jeremy Frommer invested $315k for 180k shares and 180k warrants.
- Financing included no banking fees and closed March 1, 2022; investors include management and insiders.
- Company relocated corporate headquarters to New York City from Fort Lee, NJ.