Creatd announces $40M rights offering; expansion plan targets 10-20x revenue growth

Creatd, Inc.

Announced $40M Rights Offering for all shareholders to purchase units of common stock and warrants.
If fully subscribed, $40MM raised; if warrants exercised, additional $180MM.
FY2021 revenue $4.3MM; projects FY2022 revenue $7-$10MM before expansion plan impact.
No long-term debt; Vocal platform has 1.5MM+ creators, 200MM global audience reach.
Expansion plan expects 10x-20x revenue increase over 12-18 months on full funding.

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