IZEA Announces Preliminary Results of its Modified Dutch Auction Tender Offer

ORLANDO, Fla., June 17, 2025 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (NASDAQ:IZEA), a leading influencer marketing company that makes Creator Economy solutions for marketers, announced today the preliminary results of its modified "Dutch auction" tender offer (the "Offer") to repurchase up to $8,700,000 of its common stock at a price of $2.80 per share (the "Purchase Price"), less any applicable withholding taxes and without interest, using cash on hand. The Offer expired at 5:00 P.M., Eastern time, on June 16, 2025 (the "Expiration Date").

Based on the preliminary count by Broadridge Financial Solutions, the depositary for the Tender Offer (the "Depositary"), a total of 36,682 shares were properly tendered and not properly withdrawn in the Tender Offer. In accordance with the terms and conditions of the Tender Offer, and based on the preliminary count by the Depositary, the Company expects to acquire 36,682 shares in the Tender Offer for an aggregated cost of approximately $108,310, excluding all fees and expenses. The shares to be ...