Lucosky Brookman Represents Creatd Inc. in $2.6 Million Underwritten Public Offering.
Lucosky Brookman LLP is pleased to share that on June 21, 2021, its client Creatd Inc. (Nasdaq CM: CRTD), closed its underwritten public offering of 750,000 shares of its common stock, at a public offering price of $3.40 per share, for a total offering size of approximately $2.6 million.
Lucosky Brookman acted as corporate and securities legal counsel to the Company.
In addition, Creatd granted the underwriters a 30-day option to purchase up to an additional 112,500 shares of its common stock on the same terms and conditions.
The Benchmark Company, LLC acted as 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.
The aggregate net proceeds from the offering were approximately $2.4 million, after underwriting discounts and commissions.
The securities described above were offered by Creatd, Inc. pursuant to a "shelf" registration statement on Form S-3 (File No. 333-250982) that became effective with the Securities and Exchange Commission (the "SEC") on April 23, 2021, the base prospectus contained therein, and the accompanying prospectus supplement.