Under The Radar Micro Cap Rallies 50% On Acquisition News

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Wednesday, January 22, 2025

A relatively thinly traded microcap is making waves today as the Company flexes its financial muscles and acquires a company in the short-distance air travel industry.

Shares of Creatd, Inc. (OTCPK: CRTD) were on the move higher today as the Company announced that it will acquire Flewber Global Inc., a leader in short-distance air travel for $7.5 million. Creatd, Inc. is a diversified holding company that has a business model of growth through strategic acquisitions.

The acquisition adds $7.5 million in net equity and is projected to contribute $3–4 million in annual revenue for fiscal year 2025, with 2026 projections reaching $10 million as Flewber expands into new U.S. markets and global destinations.

With the acquisition, Creatd enters the $28.5 billion Regional Air Mobility sector, leveraging Flewber's first-mover advantage. The transaction also accelerates Creatd's plans to uplist to a national exchange in 2025.

Flewber's platform unlocks the potential of over 5,000 underutilized regional airports in the U.S. alone, offering an alternative to driving, rideshares, and trains. With flights starting at just $199, Flewber's services connect travelers across key regional routes, including NYC to the Hamptons, Hartford to MetLife Stadium, and White Plains to Mohegan Sun.

Today’s news sent shares of CRTD up 50% to $0.90 in late-morning trading.

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