Creatd sends Regulation SHO notice for $40M rights offering with record date Aug 4

Creatd, Inc.

Record date for nontransferable rights offering set for August 4, 2022; subscription period in August.
Each unit consists of one CRTD common share, one redeemable 5-year warrant at $3, and one at $6.
Letter requests D.F. King notify DTC, custodians, and brokers of record date and Regulation SHO obligations.
Company warns short sellers may violate Regulation SHO because subscription rights are not borrowable or tradable.
Founder Jeremy Frommer states company will vigorously pursue violations to protect shareholders.

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