Investors who are interested in the tech sector could do well to consider looking into the Creatd Inc. (OTC: CRTD) stock this morning. The company was in the news cycle on Tuesday after it made an announcement with regards to the status of its audit for the 2023 fiscal year. It may be a good time to take a closer look.
Audit Update
The holding company announced yesterday that it had been successful in completing the audit for its 2023 financial year and also made the submission of its application for being reinstated on the OTCQB Venture Market. In the news release, the company noted that the final audit demonstrated the strong financial position of Creatd as a company and also displayed its continued focus on corporate governance, compliance, and transparency.
OTCQB Reinstatement
The application for reinstatement to the OTCQB was a significant milestone for the company in its aim for greater accessibility to investors and visibility. However, that was not all. The company also announced that it had also completed the quarterly filings for the first three fiscal quarters of the 2024 financial year and also managed to stay on track with its commitment to timely disclosures on the financial front.
Key Quote
“These milestones mark a major step forward for Creatd,” said Jeremy Frommer, CEO of Creatd. “Finalizing the 2023 audit and filing for OTCQB reinstatement demonstrate our deep and unwavering focus on building long-term shareholder value. We are now positioned to execute our growth strategy, which includes targeted M&A, minority stock swaps, and launching new revenue streams. This strategy will lead us to a potential uplist to a national exchange this summer.”
