Business
Vocal, Inc.'s Reg CF Round Attracts $500K of Interest in Less Than Seven Days
Vocal, Inc.'s Reg CF Round Attracts $500K of Interest in Less Than Seven Days.
About this update from Creatd Inc.
[{"type":"text","content":"\n\n\n\nVocal, Inc.'s Reg CF Round Attracts $500K of Interest in Less Than Seven Days\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\nVocal, Inc.'s Reg CF Round Attracts $500K of Interest in Less Than Seven Days\nPR Newswire\nNEW YORK, Sept. 28, 2023\n\n\n\nNEW YORK, Sept. 28, 2023 /PRNewswire/ -- Creatd, Inc. announces that its subsidiary Vocal, Inc. has received indications of interest from investors surpassing $500,000 of its current Reg CF in less than a week. This significant milestone comes less than a week after the company's recent announcement that it had filed its updated Form C/A with the SEC. The Company intends on filing for a total of $5M in Reg CF funding in the future.\n\nTo learn more about the about investing in Vocal, Inc.'s Reg CF, please visit: https://invest.vocal.media\nThis fundraising initiative aligns with Creatd, Inc.'s strategic vision to improve its balance sheet while reducing the operational costs of its portfolio. It underscores the company's dedication to appreciating its investor community and bolstering shareholder value.\nInvestors who participate in Vocal's Reg CF before 10/9/2023 are eligible for early investor bonuses, further amplifying the value of their investment.\nJeremy Frommer, Creatd's CEO, remarked, \"Creatd's common stock feels poised to strengthen. The structure of the Reg CF financing is designed to validate the intrinsic value of Creatd's flagship product Vocal. At the same time, by reducing its reliance on dilutive financing, we expect to elevate the value of Vocal's parent company Creatd, Inc. ($VOCL). The stock should strengthen as the selling pressure previously driven by legacy fundraising structures in the public markets are no longer needed. This has the added benefit of eliminating the attraction for malicious entities, hedge funds, and market makers to add artificial pressure on the stock.\"\nContinued Frommer, \"Creatd, Inc., will embody its original vision: a publicly traded company using its equity to acquire accretive assets, enhancing its portfolio, which is anchored by its primary investment in Vocal. Thi...