Creatd, Inc. to Acquire Air Charter Advisors in $3-$6 Million Stock Deal

Creatd, Inc., a diversified holding company known for strategic acquisitions, has signed a Letter of Intent (LOI) to acquire Air Charter Advisors, Inc., a prominent private aviation firm located in Blue Bell, Pennsylvania. This acquisition, valued between $3-$6 million, follows Creatd's recent $8.3 million deal to acquire Flyte (formerly Flewber Global, Inc.) and aims to further strengthen its aviation portfolio. The transaction will be executed through Flyte, Inc., a wholly owned subsidiary of Creatd, marking a pivotal move in consolidating aviation assets. Air Charter Advisors offers a diverse range of services including global jet charters and non-emergency air ambulance flights. The acquisition is designed to integrate Flyte's AI-driven infrastructure, providing better efficiency and scalability in operations. Flyte’s CEO, Marc Sellouk, asserts that the integration is a perfect fit for its platform, while Air Charter Advisors’ President, Adam Steiger, welcomes the access to enhanced marketing and AI technology. The proposed acquisition aligns with Creatd’s broader objective: to unite aviation companies with complementary services and shared values, underpinned by a robust centralized infrastructure. The LOI includes a 30-day exclusivity period, with the transaction expected to close within 60 days, subject to due diligence and standard closing conditions.