Creatd, Inc. [CRTD] - IPO
Creatd, Inc. is a development stage business that has incurred a net loss of approximately $9.4 million for the year ended December 31, 2025, with a working capital deficit of approximately $7.9 million and an accumulated deficit of approximately $262.9 million.
Why this matters
Creatd, Inc., a development stage company previously known as Jerrick Media Holdings, Inc., operates in the air transportation sector, specifically focusing on nonscheduled services. The company has incurred significant financial losses, with a net loss of approximately $9.4 million for the year ended December 31, 2025, and is facing a working capital deficit of about $7.9 million. Recently, Creatd implemented a 1-for-20 reverse stock split on February 24, 2026, and sold its entire 80.02% equity interest in its subsidiary, Fly Flyte, Inc., to Catheter Precision, Inc. for a total consideration of $11,554,827. This transaction included a cash component of $5,776,827 and a non-cash component of $5,778,000 in the form of VTAK Preferred Series D Stock, effectively removing Fly Flyte from Creatd's consolidated balance sheet.