Brief: Creatd Announces Its Intent To Acquire Brave, And Closes $2.15 Million In Above-Market Financing
25/07/2022 14:33
July 25 (Reuters) - Creatd Inc CRTD.O :
* CREATD ANNOUNCES ITS INTENT TO ACQUIRE BRAVE, AND CLOSES
$2.15
MILLION IN ABOVE-MARKET FINANCING
* CREATD INC - HAS ENTERED INTO A MEMORANDUM OF
UNDERSTANDING
(MOU) FOR ACQUISITION OF HEALTHY BREAKFAST BRAND, BRAVE
* CREATD INC - ANTICIPATED THAT BRAVE WILL BE IMMEDIATELY
ACCRETIVE TO CREATD'S REVENUES
* CREATD INC - FOLLOWING CLOSE OF PROPOSED TRANSACTION, WILL
BEGIN
RECOGNIZING BRAVE'S REVENUES IN ITS CONSOLIDATED FINANCIAL
STATEMENTS
Source text for Eikon: ID:nPn4zNG8xa
Further company coverage: CRTD.O
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