Creatd Announces its Intent to Purchase DTC Home Improvement Company, Wobble Wedge®
Retrieved on:
Thursday, July 29, 2021
The Wobble Wedge has become a staple tool for a wide range of user types, from homeowners to craftspeople, hobbyists, restaurant owners, plumbers, and more.
Key Points:
- The Wobble Wedge has become a staple tool for a wide range of user types, from homeowners to craftspeople, hobbyists, restaurant owners, plumbers, and more.
- Pursuant to the MOU, Creatd intends to acquire a 55% equity stake in Wobble Wedge, in exchange for a combination of cash and stock.
- Commented Creatd CEO, Jeremy Frommer, "I am thrilled about this opportunity to add Wobble Wedge to Creatd's e-commerce portfolio and to integrate their incredible management team.
- Co-CEO Skip Wehner said, "Wobble Wedge was founded with the express intention to be a large-scale brand in the commercial and home improvement space.