Creatd Inc. Successfully Completes 2023 Audit and Pursues OTCQB Reinstatement
Creatd Inc. Achieves Key Milestone in Compliance and Market Strategy
On January 21, 2025, Creatd Inc., a publicly traded holding company known for its focus on technology and strategic investments, announced a significant achievement: the successful completion of its 2023 audit. The audit not only indicates the company's commitment to transparency and compliance but also paves the way for its application for reinstatement on the OTCQB Venture Market.
The efforts that culminated in the completion of the audit underscore the company’s focus on corporate governance and stakeholder communication. These measures are integral in ensuring that Creatd maintains a robust financial standing and enhances its credibility in the public market. Following the audit, the firm submitted its application for reinstatement on the OTCQB with an expectation to be reinstated by early February 2025.
In addition to the audit, Creatd has also fulfilled its quarterly filing obligations for the first three quarters of 2024. This proactive approach to financial reporting reflects its ongoing efforts to provide timely and complete disclosures to investors. Jeremi Frommer, CEO of Creatd, expressed that these milestones are critical for the company as it executes its growth strategy aimed at delivering long-term value to shareholders. Frommer stated, "Finalizing the 2023 audit and filing for OTCQB reinstatement illustrate our unwavering commitment to building shareholder value."
Looking ahead, Creatd plans to continue its momentum with a projected completion of the annual audit for 2024 by April 15, 2025. This roadmap remains crucial not just for compliance purposes but also as a method to potentially elevate to a national exchange later in the summer of 2025. Such an uplift could significantly increase the visibility and liquidity of shares, making it more attractive to a broader range of investors.
Despite facing delays in some of its initiatives, the company is steadily moving forward with plans that include diversifying its revenue streams and leveraging its portfolio of operating companies. By focusing on strategic mergers and acquisitions, as well as minority stock swaps, Creatd aims to reinforce its market presence in the technology and investment sectors.
Investors and stakeholders are encouraged to keep abreast of ongoing developments by joining Creatd’s dedicated Investor Slack channel or visiting its news page for the latest updates.
In summary, Creatd's completion of the audit and its successful OTCQB application are major steps that signify its commitment to compliance, transparency, and growth. As the company continues to build upon its operational strategies, it remains focused on improving market accessibility and overall shareholder value.
Forward-Looking Statements
It’s essential to recognize that this announcement may include forward-looking statements regarding future expectations, beliefs, strategies, and other anticipated events. These statements often utilize terms such as "expected," "plans," "intends," and similar phrases indicating that future outcomes may differ from current projections. Factors like market conditions, operational challenges, and other external influences could affect the actual performance and results of Creatd.
Conclusion
With its latest audit success and strategic plans in motion, Creatd Inc. is signaling a boost in confidence to its investors as it prepares for a more prominent role in the market landscape within the upcoming fiscal year.