Creatd Extends No-Shop Period with GTII Until March 7, 2023
NEW YORK, Jan. 30, 2023 /PRNewswire/ — Creatd, Inc. (OTCQB: CRTD) (“Creatd” or the “Company”), a creator-first technology company, today announced that it has extended the no-shop period under its Letter of Intent with Global Tech Industries Group, Inc. (“GTII“) for its proposed acquisition. While there can be no assurance that a transaction will be consummated, both companies continue to work through the due diligence process, and Creatd is analyzing a potential collar structure for the transaction, such that it can create a value of $3.00 to $5.00 per share for Creatd’s shareholders.
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