Business
Creatd Announces Termination of Discussions with GTII Regarding Proposed Acquisition
Creatd Announces Termination of Discussions with GTII Regarding Proposed Acquisition.
About this update from Creatd Inc.
[{"type":"text","content":"\n\n\n\nCreatd Announces Termination of Discussions with GTII Regarding Proposed Acquisition\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCreatd Announces Termination of Discussions with GTII Regarding Proposed Acquisition\nPR Newswire\nNEW YORK, Feb. 24, 2023\n\n\n\nNEW YORK, Feb. 24, 2023 /PRNewswire/ -- Creatd, Inc. (OTCQB: CRTD; Upstream: CRTD) (\"Creatd\" or the \"Company\"),  a creator-first technology company, today announced that it has decided not to proceed with a proposed transaction with Global Tech Industries Group, Inc. (\"GTII\"). While Creatd has concluded discussions of a proposed acquisition, it will honor the no-shop terms outlined in the Letter of Intent signed with GTII.\n\n \n \n \n \n \n \n\n \nAbout Creatd\nCreatd, Inc. (OTCQB: CRTD) is a company with a mission to provide economic opportunities to creators and brands by multiplying the impact of platforms, people, and technology. Creatd's pillars work together to create a flywheel effect, supporting our core vision of creating a viable and safe ecosystem for all stakeholders in the creator economy.\nCreatd: https://creatd.com;Creatd IR: https://investors.creatd.com;Vocal Platform: https://vocal.media;Investor Relations Contact: [email protected]\nForward-Looking Statements\nAny statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as \"will likely result,\" \"are expected to,\" \"will continue,\" \"is anticipated,\" \"estimated,\" \"intends,\" \"plans,\" \"believes\" and \"projects\") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. ...