---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-056905"
form_type: "8-K"
ticker: "CRTD"
cik: "0001357671"
company_name: "Creatd, Inc."
filed_at: "2022-09-19T23:59:59+00:00"
generated_at: "2026-06-23T08:46:32.926746+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Creatd raises $800K in direct offering, restructures debt with lower conversion price and cash burn covenant

## Summary
- Registered direct offering of 4M shares at $0.20/share, with warrants to purchase 4M shares at $0.20 exercise price for 5 years.
- Restructuring reduces conversion price of outstanding debentures and exercise price of warrants to $0.20, extending debenture maturity to March 31, 2023.
- Monthly cash burn capped at $600K, may increase by $150K for marketing with majority holder consent.
- Company grants first-priority security interest in all assets to holders; insiders sign 180-day lock-up agreements.
- Gross proceeds of $800K before expenses will be used for working capital and general corporate purposes.

## SEC filing metadata
- accession: 0001213900-22-056905
- form_type: 8-K
- ticker: CRTD
- cik: 0001357671
- company_name: Creatd, Inc.
- filed_at: 2022-09-19T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1357671/000121390022056905/0001213900-22-056905-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1357671/000121390022056905/ea165882-8k_creatdinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-056905
- JSON: https://secwatch.observer/filing/0001213900-22-056905.json
- Plain text: https://secwatch.observer/filing/0001213900-22-056905.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.