Creatd Begins Trading on Upstream

Rhea-AI Summary

Creatd (OTCQB: CRTD) has commenced trading on Upstream, becoming one of the first companies to dual list on this innovative platform. The company's securities are now available on both the OTCQB and Upstream under the same ticker symbol, CRTD. This move aims to enhance market accessibility for global investors, who can trade through the Upstream app. The platform operates five days a week, offering real-time trading and a transparent order book. Notably, U.S. and Canadian investors are limited to trading shares currently owned for liquidation. Additionally, Creatd has released a commemorative NFT for the dual listing.

Positive

• Creatd is among the first to dual list on Upstream, increasing market exposure.
• Trading on Upstream allows for real-time transactions and a transparent order book.
• The Upstream platform may attract new investors to Creatd, enhancing liquidity.

Negative

• U.S. and Canadian investors can only trade their existing shares, limiting market participation.

• Creatd among the first issuers to dual list on Upstream.
• The Company's securities now trade on both the OTCQB and Upstream under the ticker symbol CRTD.

NEW YORK, Feb. 14, 2023 /PRNewswire/ -- Creatd, Inc. (OTCQB: CRTD) (Upstream: CRTD) ("Creatd" or the "Company") announced that it has today commenced trading on Upstream, the revolutionary trading app for digital securities powered by Horizon Fintex ("Horizon") and MERJ Exchange Limited ("MERJ"). The Company's securities now trade on both the OTC and Upstream under the ticker symbol CRTD.

Global investors can now trade by downloading Upstream from their preferred app store at https://upstream.exchange/, creating an account by tapping sign up, completing a simple KYC identity verification by tapping the settings icon on the home screen and tapping KYC, then funding their account with credit, debit, PayPal, USDC stablecoin or a bank payment.* 

Details on the Creatd listing and how shareholders can deposit shares and trade on Upstream can be found at https://investors.creatd.com/resources/faqs/default.aspx. The Upstream market is open 5 days a week 20 hours a day, Monday to Friday: 10:00am to 06:00am UTC+4 (1:00am to 9:00pm EST).

Traders on Upstream's blockchain-powered platform will experience real-time trading and settlement and a transparent orderbook which does not permit common market manipulations. Note, U.S. and Canadian investors are not permitted to purchase Upstream listed securities, they will only be able to trade in securities they currently own that have been listed on Upstream for liquidation purposes only.

Additionally, Creatd's digital collectible NFT commemorating the dual listing is now available for all Upstream participants to claim with the claim code CRTD. Details on claiming the commemorative NFT can be found at https://investors.creatd.com/resources/faqs/default.aspx.

Commented Creatd CEO and Chairman Jeremy Frommer, "We are thrilled to be among the first companies to dually list their shares on Upstream and the OTC and foster a higher quality market environment for our shareholders. We look forward to continuing to further utilize the power of Upstream to broaden access to a new class of Creatd shareholders while additionally forcing a reconciliation of our outstanding issued shares and providing dividend opportunities through the planned spin-off of our OG Collection, Inc. subsidiary and its initial listing on Upstream."

About Creatd
Creatd, Inc. (OTCQB: CRTD) (Upstream: 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.

Creatd: https://creatd.com;
Creatd IR: https://investors.creatd.com;
Vocal Platform: https://vocal.media;
Investor Relations Contact: ir@creatd.com

About Upstream:
Upstream, a MERJ Exchange Market (merj.exchange), is a fully regulated global stock exchange for digital securities and NFTs. Powered by Horizon's proprietary blockchain-powered matching engine technology, the platform enables users to trade NFTs, and invest in securities for IPOs, crowdfunded companies, U.S. & international equities, and celebrity ventures using the Upstream app. For more information, please visit https://upstream.exchange/. Upstream is currently accepting applications to dual list at https://upstream.exchange/getlisted.

Disclaimers: 
This press release shall not constitute an offer to sell securities or the solicitation of an offer to buy securities in any jurisdiction where such offer or solicitation is not permitted.

NFTs received have no economic value, royalties, equity ownership, or dividends. NFTs are for utility, collection, redemption and display only.

*If you are a U.S. or Canadian-based citizen or permanent resident that has invested in a company that's listed on Upstream, you may transfer your shares to Upstream and sell them on Upstream's trading app for liquidation purposes only. You are not permitted to purchase shares of other companies listed on Upstream at this time. Anyone may buy and sell NFTs on Upstream.

If funding Upstream with an ACH or wire bank payment, users must complete Upstream's in-app KYC process to get their new, FDIC insured, Upstream U.S. bank account details via email. Users may then initiate a funds-transfer from their bank or financial institution to this new U.S. Dollar bank account. If you haven't completed KYC yet, or didn't select 'Bank' as the 'Deposit From' option when you completed the process initially, then please go through KYC again selecting the 'Bank' payment method. Users may complete the simple KYC process by tapping the settings icon and the KYC option inside the Upstream app. 

Upstream is a MERJ Exchange market. MERJ Exchange is a licensed Securities Exchange, an affiliate of the World Federation of Exchanges, and a full member of ANNA. MERJ supports global issuers of traditional and digital securities through the entire asset life cycle from issuance to trading, clearing, settlement, and registry. It operates a fair and transparent marketplace in line with international best practices and principles of operations of financial markets. Upstream does not endorse or recommend any public or private securities bought or sold on its app. Upstream does not offer investment advice or recommendations of any kind. All services offered by Upstream are intended for self-directed clients who make their own investment decisions without aid or assistance from Upstream. All customers are subject to the rules and regulations of their jurisdiction. By accessing the site or app, you agreed to be bound by its terms of use and privacy policy. Company and security listings on Upstream are only suitable for investors who are familiar with and willing to accept the high risk associated with speculative investments, often in early and development stage companies. There can be no assurance the valuation of any particular company's securities is accurate or in agreement with the market or industry comparative valuations. Investors must be able to afford market volatility and afford the loss of their investment. Companies listed on Upstream are subject to significant ongoing corporate obligations including, but not limited to disclosure, filings, and notification requirements, as well as compliance with applicable quantitative and qualitative listing standards.

Forward-Looking Statements 
This communication contains "forward-looking statements." Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential," or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified, and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) difficulties in obtaining financing on commercially reasonable terms; (ii) changes in the size and nature of our competition; (iii) loss of one or more key executives or brand ambassadors; and (iv) changes in legal or regulatory requirements in the markets in which we operate. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

 

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SOURCE Creatd, Inc.

FAQ

What did Creatd announce on February 14, 2023?

Creatd announced it has commenced trading on Upstream, becoming one of the first companies to dual list.

How can investors trade Creatd stocks on Upstream?

Investors can trade Creatd stocks by downloading the Upstream app and completing the KYC process.

What are the trading hours for Upstream?

Upstream operates Monday to Friday from 10:00 AM to 06:00 AM UTC+4 (1:00 AM to 9:00 PM EST).

What is the significance of the NFT released by Creatd?

Creatd has released a commemorative NFT for its dual listing on Upstream, available for all participants.