The Online Investor

Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Sun., Jan. 29, 4:36 PM

Slide #82. Global Tech Industries Group, Inc. Creatd, Inc.

Acquirer: Global Tech Industries Group, Inc. (GTII)
Acquiree: Creatd, Inc.
Details: Global Tech Industries Group, Inc. ("GTII"),, and Creatd, Inc. (CRTD: OTCQB) ("CRTD"), today announced that they have executed a binding Letter of Intent ("LOI") regarding the acquisition of Creatd by GTII for $100 million of GTII restricted shares of common stock. Final acquisition terms will be subject to due diligence, regulatory approval, and approval of the boards and shareholders of both parties. As part of the LOI, Creatd has committed to a 30- day halt to any discussions with other potential acquirers. As due diligence and negotiations continue, Creatd intends to complete the spinoff of its media subsidiary, OG Collection Inc.

  Global Tech Industries Group, Inc.: GTII
  Creatd, Inc. : PRIVATE

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