Creatd, Inc. acquired an additional 17.5% of the membership interests in Orbit Media, LLC for $0.02 million.
September 29, 2023
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Creatd, Inc. (OTCPK:VOCL) acquired an additional 17.5% of the membership interests in Orbit Media, LLC for $0.02 million on July 28, 2023. Creatd issued 1,093,750 shares of its restricted common stock at a fair value of $44,844 as consideration.
Creatd, Inc. (OTCPK:VOCL) completed the acquisition of an additional 17.5% of the membership interests in Orbit Media, LLC on July 28, 2023.
Creatd, Inc. is a technology company focused on providing economic opportunities for creators. The Company operates through three segments: Creatd Labs, Creatd Ventures, and Creatd Partners. The Creatd Labs segment is focused on development initiatives. Creatd Labs segment houses the Company's technology, including its flagship platform, Vocal, as well as oversees the Company's content creation framework and management of its digital communities. Its flagship product, Vocal, delivers a long-form, digital publishing platform organized into engaged niche-communities. The Creatd Ventures segment builds, develops, and scales e-commerce brands. This segment sells products from its two majority-owned direct-to-consumer brands, Camp and Dune Glow Remedy. Creatd Partners segment fosters relationships between brands and creators through its suite of agency services, including content marketing (Vocal for Brands), performance marketing (Seller's Choice), and influencer marketing (WHE Agency).
CREATD, INC. 
