Creatd (NASDAQ: CRTD), the parent company of retail investor activist group CEOBLOC, has created an advisory board and announced the first board member; Martin Shen, CEO of FingerMotion Inc. (NASDAQ: FNGR), will join Creatd founder Jeremy Frommer on the board, which will guide the company’s priorities and be a “voice on the ground” with its members. The company noted that board members undergo a complete vetting and approval process before joining. The new board is designed to play an essential role in providing governance recommendations on oversight, assisting with identifying CEOBLOC’s organizational vision and working to ensure that investors have a platform to exercise their voice in a meaningful way. CEOBLOC’s mission is to bring greater attention to the plight of the retail investor in today’s public markets. Frommer and Shen are CEOs of companies with stocks that have or are believed to have experienced an outsized impact from naked shorting effects. “Over the last year, there has been significant confusion and mixed messages from a diversity of CEOs and organizations, each with their own agenda and path to action,” said Creatd CEO and chair Jeremy Frommer in the press release. “The formation of CEOBLOC creates a transparent understanding of the environment we’re working in where CEOs, executives, and organizations are officially working within an activist community and forwarding the cause. . . . I am thankful to Martin Shen for his dedication to joining forces and forging a common path toward success. Too many CEOs are leveraging this moment in time as a standalone opportunity rather than devoting themselves to collectively enacting systemic change. It is important for CEOBLOC to distinguish itself as a true ‘members organization’ that will effectuate change not just for a single stock or shareholder base, but for all. We are committed to compelling Congress to take action and protect the retail investor community.”
To view the full press release, visit https://ibn.fm/WPR5S
About Creatd Inc.
Creatd is a company with a mission to provide economic opportunities to creators and brands by multiplying the impact of platforms, people, and technology. The Company has four main business segments, or ‘pillars’: Creatd Labs, Creatd Partners, Creatd Ventures, and Creatd Studios. Each pillar is characterized by a distinct revenue model, while operating on a shared-services structure and proprietary data collected from our multiple technology platforms. Creatd’s pillars work together to create a flywheel effect, supporting our core vision of creating a viable and safe ecosystem for all stakeholders in the creator economy. For more information about the company, please visit www.Creatd.com.
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