CRTD · United States
Cash Position
The company has -8.3 months of cash left based on the quarterly cash burn of $1.583 M and estimated current cash of $-4.410 M
Commentary on Financial Condition
Creatd, Inc. is facing significant financial challenges, with a working capital deficit of $21.3 million as of September 30, 2023, and a net loss of $23.3 million for the nine months ending on that date. The company has been actively seeking to improve its financial condition through cost reductions and strategic recapitalization plans, aiming to achieve cash flow breakeven within a year. Despite these efforts, the company's liquidity remains strained, and it continues to rely on financing activities, including the issuance of convertible notes and promissory notes, to support its operations., Filed At: 2023-11-14
Former Symbols
No former symbols for CRTD
Nasdaq Compliance
Previous Splits
Disclaimer: Data was sourced from filings using AI and may occasionally contain errors. Data is split adjusted
In the money
potentially in play
out of play
Pending Offering
INITIAL REGISTRATION FOR OFFERING | Shares amount: 20,000,000 | Warrants amount: 20,000,000 | Warrants exercise price: $1.00
WITHDRAWN
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S-1
Warrants
November 2023 - November 2023 Warrants
$0.02
$0.00
Jeremy Frommer, Justin Maury, Chelsea Pullano, Peter Majar, Erica Wagner, Robert Tal
June 2021 - June 2021 Warrants
$3.81
$0.00
Lind Global Macro Fund, LP, Brio Capital Master Fund, Ltd., L1 Capital Global Opportunities Master Fund
Convertibles
ATM
Shelf
Equity Line
Coventry - SPA - The prices at which the Selling Shareholder may sell the shares of Common Shares in this Offering will be determined by the prevailing market prices for the shares of Common Shares or in negotiated transactions. - Coventry Enterprises, LLC is the selling shareholder and is deemed to be an 'underwriter' within the meaning of the Securities Act of 1933, as amended, and any broker-dealers or agents that are involved in selling the shares may be deemed to be 'underwriters' within the meaning of the Act in connection with such sales.
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S-1
Coventry - SPA - The prices at which the Selling Shareholder may sell the shares of Common Shares in this Offering will be determined by the prevailing market prices for the shares of Common Shares or in negotiated transactions. - Coventry Enterprises, LLC may offer up to 9,000,000 shares of the Company’s common stock, which may include up to 8,200,000 shares to be issued to Coventry pursuant to put notices pursuant to the Investment Agreement and up to 800,000 shares issued to Coventry as a commitment fee in connection with the Investment Agreement.
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S-1
Completed Offerings
Tokens
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