FINRA has approved Creatd's Symbol Change to $VOCL from $CRTD Effective Monday, April 3, 2023
Creatd, Inc. ($CRTD) has received approval from FINRA to change its ticker symbol to $VOCL, effective April 3, 2023. CEO Jeremy Frommer announced plans to split the company into three separate publicly traded entities, enhancing its focus on empowering creators. The first spin-off, OG Collection Inc., will file an S-1 to distribute shares as a special dividend to $VOCL shareholders. Additionally, Creatd Ventures, featuring the best-selling product Basis, is set to have its own ticker and CUSIP. These strategic moves aim to broaden shareholder base and combat short selling while representing the company’s mission more accurately.
- Ticker symbol change to $VOCL reflects a strategic rebranding effort.
- Plans to spin off into three separate entities could create shareholder value.
- Expected distribution of shares from OG Collection Inc. as a special dividend to $VOCL shareholders.
- None.
Creatd today received approval fromFINRA for a symbol change from $CRTD to $VOCL effective thisMonday, April 3, 2023 .- Founder and CEO
Jeremy Frommer has outlined plans to splitCreatd into three separately traded public securities.
Founder and CEO
Frommer continued, "The next step is to spin off
Once these spin-offs are completed, the plan is to then list $OGCL on tZERO and similarly to list $CVEN on Upstream. The final result will leave all tech assets related to
It is important to note that while changing the company's name or symbol does not necessarily require a new CUSIP, the decision to change a CUSIP is typically made by the company and its transfer agent or custodian based on a variety of factors, such as changes in the company's structure or ownership, or changes in the terms of the security."
About
Creatd IR: https://investors.creatd.com;
Vocal Platform: https://vocal.media;
Investor Relations Contact: ir@creatd.com
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