secwatch.observer — SEC 8-K summary
======================================

Issuer:     Creatd, Inc. (CRTD)
CIK:        0001357671
Form:       8-K
Filed at:   2022-03-08T23:59:59+00:00
Accession:  0001213900-22-011130
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Creatd acquires Basis, reports 2021 revenue $6.9M non-GAAP, guides 2022 to $15-20M
--------------------------------------------------------------------------------

- Acquired 100% of Basis, a DTC hydration brand, as third Creatd Ventures acquisition.
- Preliminary 2021 non-GAAP revenue $6.9M, GAAP $4.2M, in line with guidance.
- 2022 guidance: non-GAAP revenue $15-20M, GAAP $8-12M, with Ventures expected ~20% of GAAP revenue.
- Raised $2.7M via registered direct offering: ~1.5M shares + warrants at $1.75 per unit.
- Company says it has virtually eliminated debt after resolving Seller's Choice note dispute.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1357671/000121390022011130/0001213900-22-011130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1357671/000121390022011130/ea156605-8k_creatdinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-011130

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer