Creatd, Inc. announced that it has entered into a loan agreement for the gross proceeds of $86,100 on June 23, 2023. The transaction included participation from Jeremy Frommer. Pursuant to the June 2023 Loan Agreement, the June 2023 Note has an effective interest rate of 18%.

The maturity date of the June 2023 Note is December 23, 2023, at which time all outstanding principal, accrued and unpaid interest and other amounts due under the June 2023 Loan Agreement are due.