Creatd to acquire stakes in PCG companies for $2.3M

NEW YORK - Creatd Inc. (OTC: CRTD), a public holding company, has announced its planned acquisition of equity stakes in several companies, expanding its reach in investor relations and communications. According to a binding Letter of Intent signed today, Creatd will acquire 25% of PCG Advisory, Inc., PRISM Media Holdings, PRISM MediaWire, and a 20% stake in the technology start-up AIRHub, in a $2.3 million all-stock deal. The announcement comes as Creatd, currently valued at $3.07 million in market capitalization according to InvestingPro, faces challenging market conditions with its stock trading at $0.29, down nearly 85% over the past year.

The acquisition is expected to add $2.3 million in net equity to Creatd’s balance sheet and aligns with the company’s strategy to invest in synergistic, scalable assets. This strategic move comes at a crucial time, as InvestingPro data reveals the company’s financial health score is currently rated as weak, with multiple indicators suggesting operational challenges. Creatd aims to enhance the integrated products of PCG and expand technology applications, supporting its CEOBLOC partner’s mission to empower retail investors and small-cap companies.

PCG Advisory, a strategic communications firm led by Jeff Ramson, is known for assisting microcap and small-cap companies with investor relations, social media, regulatory compliance, and corporate positioning. The firm’s EBITDA-positive business model has demonstrated consistent revenue growth and client base expansion.

Creatd’s Chairman & CEO, Jeremy Frommer, stated that the acquisition continues their vision to provide top-tier investor engagement tools and services. The integration of PCG’s investor relations expertise with Creatd’s AI capabilities is expected to bridge the gap between companies, especially in the microcap space, and retail investor awareness.

Jeff Ramson, Founder and CEO of PCG Advisory, expressed enthusiasm for the partnership with Creatd, foreseeing enhanced client value and reach. The combined efforts aim to redefine company-investor connections in a digital-first world.

The transaction is slated for completion in Q2 2025, subject to standard closing conditions. Creatd, Inc. specializes in technology, media, advertising, and consumer investments, focusing on growth and innovation in small-cap companies. PCG Advisory offers high-impact services to emerging companies worldwide, with a focus on investor relations and strategic communications. For investors considering this development, InvestingPro offers additional insights with over 10 key investment tips and comprehensive financial metrics to better evaluate the company’s prospects and market position.

The press release includes forward-looking statements, which are subject to risks and uncertainties that could cause actual results to differ from those anticipated. These statements are not guaranteed, and future outcomes remain unpredictable. Further details and risk disclosures are available in Creatd’s SEC filings. This article is based on a press release statement from Creatd, Inc.

In other recent news, Creatd, Inc. has announced its intention to acquire Air Charter Advisors, Inc., a private aviation firm based in Blue Bell, Pennsylvania. The acquisition is valued between $3 and $6 million and aims to enhance Creatd’s aviation subsidiary, Flyte, Inc., by expanding its customer base and service offerings. This move follows Creatd’s recent $8.3 million purchase of Flyte, indicating a strategic effort to consolidate its aviation assets. The acquisition is expected to close within 60 days, pending due diligence and final agreement. Flyte plans to maintain Air Charter Advisors as an independent entity while integrating it into its shared services infrastructure, which includes finance, compliance, IT, and AI-powered tools. This integration is anticipated to boost operational efficiency and scalability for both companies. The acquisition aligns with Flyte’s mission to empower established operators rather than compete with them. Air Charter Advisors will benefit from Flyte’s technology and marketing resources, enhancing their service delivery. This development is part of Creatd’s broader strategy to create a comprehensive aviation network under the Flyte brand.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.