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Creatd Begins Initial Due Diligence with Auditor Firm after having Retained Sichenzia Ross Ference LLP to file its S-1 for Initial Offering on Upstream of OG Collection, Inc., the Company's Planned Dividend Spin-off
Creatd Begins Initial Due Diligence with Auditor Firm after having Retained Sichenzia Ross Ference LLP to file its S-1 for Initial Offering on Upstream of OG Collection, Inc., the Company's Planned Dividend Spin-off.
About this update from Creatd Inc.
[{"type":"text","content":"\n\n\n\nCreatd Begins Initial Due Diligence with Auditor Firm after having Retained Sichenzia Ross Ference LLP to file its S-1 for Initial Offering on Upstream of OG Collection, Inc., the Company's Planned Dividend Spin-off\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 Begins Initial Due Diligence with Auditor Firm after having Retained Sichenzia Ross Ference LLP to file its S-1 for Initial Offering on Upstream of OG Collection, Inc., the Company's Planned Dividend Spin-off\nPR Newswire\nNEW YORK, March 17, 2023\n\n\n\nThe Company had engaged Sichenzia Ross Ference LLP as legal counsel in connection with the anticipated special dividend spin-off of the OG Collection, Inc. and expects to begin work on an S-1 shortly.The Company has additionally begun initial due diligence with an audit firm to begin an audit of the OG Collection as soon as early April 2023.The spin-off transaction is expected to force a full count of shares, discovering any fail-to-delivers as short sellers have to deliver shares in a new company only trading on the blockchain securities platform.NEW YORK, March 17, 2023 /PRNewswire/ -- Creatd, Inc. (OTCQB: CRTD; Upstream: CRTD) (\"Creatd\" or the \"Company\"), the parent company of OG Collection, Inc., is pleased to announce that it has begun the engagement process with an audit firm to begin an audit of OG Collection, Inc. in anticipation of the Company's planned dividend spin-off. The Company also continues to work with Sichenzia Ross Ference LLP as legal counsel to prepare for an S-1 filing, which will move forward in full force after the Company files its 2022 10-K in the coming weeks.\n\n \n \n \n \n \n \n\n \nHaving begun the engagement process, the audit is expected to be conducted during the month of April. The completion of the audit will rapidly be followed by the Company's filing of the initial listing S-1 for OG Collection, Inc. to begin trading independently on the Upstream blockchain securities platform. The Company expects to complete the spin-off during the second quarter 2023. Creatd shareholders of a record date to be set after...