Creatd, Inc. (NASDAQ: CRTD), the parent company and creator of the Vocal platform, today announced the closing of its public offering of 1,725,000 units of securities at $4.50 per unit, for total proceeds of $7,762,500. Each unit consisted of one share of the Company's common stock and one warrant to purchase one share of common stock, the warrant being immediately exercisable at a price of $4.50 per share and expiring 5 years from the date of issuance. The Company's common stock and warrants began trading on the Nasdaq Capital Market on September 11, 2020, under the symbols "CRTD" and "CRTDW," respectively.

Additionally, Creatd has granted the underwriters a 45-day option to purchase 258,750 additional shares of common stock and/or 258,750 additional warrants to cover over-allotments, if any.

The Benchmark Company, LLC acted as the lead book-running manager for the offering. Aegis Capital Corp. and Brookline Capital Markets, a division of Arcadia Securities, LLC, acted as co-managers for the offering.

About Creatd

Creatd, Inc., the parent company and creator of the Vocal platform, empowers content creators and brands through technology and data-driven innovation. Creatd identifies opportunities within the digital platform and content monetization space, and leverages them through their proprietary Vocal technology, as well as through complementary digital businesses including Vocal for Brands and Seller's Choice. Since launching in 2016, Vocal has become home to over 650,000 content creators and brands of all shapes and sizes, attracting audiences across its network of wholly owned and operated communities.