Lucosky Brookman represents Underwriter The Benchmark Company, LLC in connection with Creatd, Inc., $7,762,500 Public Offering and Uplisting to NASDAQ Capital Market
Creatd, Inc. (NASDAQ: CRTD) ("Creatd" or the "Company") priced its underwritten public offering of 1,725,000 units of securities at an offering price of $4.50 per unit. Each unit is immediately separable into one share of common stock and one warrant to purchase one share of common stock and will be issued separately. The warrants underlying the units are immediately exercisable for one share of common stock at an exercise price of $4.50 and expire 5 years from the date of issuance. In connection with the offering, the Company's common stock and warrants will begin trading on the NASDAQ Capital Market on September 11, 2020, under the symbols "CRTD" and "CRTDW," respectively. The Company expects to receive gross proceeds of $7.7625 Million.
Lucosky Brookman represented its client, The Benchmark Company, LLC, as book-running manager for the offering. Aegis Capital Corp. and Brookline Capital Markets, a division of Arcadia Securities, LLC, are acting as co-managers for the offering.