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IZEA Announces Intention to Commence a Modified Dutch Auction Tender Offer to Repurchase up to $8.7M of its Common Stock
IZEAIZEA(IZEA) GlobeNewswire News Room·2025-05-13 20:02

ORLANDO, Fla., May 13, 2025 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (NASDAQ: IZEA), a leading influencer marketing company that makes Creator Economy solutions for marketers, announced today that it intends to commence a modified “Dutch auction” tender offer (the “Offer”) to repurchase up to 8,700,000ofitscommonstock.UnderthetermsoftheproposedOffer,IZEAwilloffertopurchasesharesofitscommonstockatapricenotlessthan8,700,000 of its common stock. Under the terms of the proposed Offer, IZEA will offer to purchase shares of its common stock at a price not less than 2.30 and not more than $2.80 per share, which maximum price equals ...