Welcome to our dedicated page for Creatd news (Ticker: VOCL), a resource for investors and traders seeking the latest updates and insights on Creatd stock.
Creatd, Inc. (NYSE: VOCL) operates at the intersection of digital content creation and community-driven investment through its flagship platform, Vocal. This news hub provides stakeholders with essential updates on corporate strategy, platform developments, and financial initiatives central to the creator economy.
Investors and content professionals will find verified updates about Vocal's unique ecosystem, including its Regulation Crowdfunding campaign enabling direct participation in platform growth. Track announcements regarding subsidiary management, balance sheet optimization efforts, and partnerships shaping digital content monetization.
Our curated collection features press releases on operational milestones, leadership communications, and strategic pivots. Key focus areas include Vocal's community expansion, advertiser partnerships, and corporate restructuring aimed at enhancing long-term shareholder value.
Bookmark this page for real-time access to official Creatd communications. Combine strategic insights with operational updates to inform your analysis of this innovative digital content investment vehicle.
Creatd, Inc. (OTC-PINK:VOCL) announced record gross revenues of $10 million for FY 2022, marking a 47% increase from $6.6 million in FY 2021. GAAP revenues rose to $4.8 million (up 12% year-over-year). The company forecasts over $5 million in GAAP revenues for FY 2023. Notably, operating expenses decreased significantly in 2022, with a near 50% reduction already seen in Q1 2023. The net loss improved to $33 million from $43 million, reflecting ongoing financial stability efforts. Moving forward, Creatd plans to divide into three separate entities, preparing for an uplist to the NYSE as part of its strategic restructuring.
Creatd, Inc. ($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.
