Workflow
IZEA Announces Commencement of a Modified Dutch Auction Tender Offer to Repurchase up to $8.7M of its Common Stock
IZEAIZEA(IZEA) GlobeNewswire·2025-05-16 12:00

ORLANDO, Fla., May 16, 2025 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (NASDAQ: IZEA), a leading influencer marketing company that makes Creator Economy solutions for marketers, announced today that it has commenced a modified “Dutch auction” tender offer (the “Offer”) to repurchase up to 8,700,000ofitscommonstock.UnderthetermsoftheOffer,IZEAisofferingtopurchasesharesofitscommonstockatapricenotlessthan8,700,000 of its common stock. Under the terms of the Offer, IZEA is offering 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 approximately ...