IZEA News & Events

IZEA Worldwide announced the preliminary results of its modified "Dutch auction" tender offer to repurchase up to 8,700,000 of its common stock at a price of $2.80 per share, 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. Based on the Final count by Broadridge Financial Solutions, the depositary for the Tender Offer, a total of 38,682 shares were properly tendered and not properly withdrawn in the Tender Offer. In accordance with the terms and conditions of the Tender Offer, the Company has accepted for purchase 38,682 shares in the Tender Offer for an aggregated cost of approximately $108,310, excluding all fees and expenses. The shares acquired pursuant to the Tender Offer represent approximately 0.23% of the Company's outstanding shares as of June 16, 2025. The Depositary will promptly issue payment in cash for the shares validly tendered and accepted for purchase in the Tender Offer, less any applicable withholding taxes and without interest. Shares tendered and not accepted for purchase will be returned promptly to stockholders by the Depositary in accordance with applicable law. Following the purchase of shares in the Tender Offer, approximately $8.6 million will remain outstanding under the Company's stock repurchase obligations.

IZEA Worldwide announced the preliminary results of its modified "Dutch auction" tender offer to repurchase up to $8,700,000 of its common stock at a price of $2.80 per share, 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. Based on the preliminary count by Broadridge Financial Solutions, the depositary for the Tender Offer, a total of 36,682 shares were properly tendered and not properly withdrawn in the Tender Offer.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 acquired pursuant to the Tender Offer represent approximately 0.23% of the Company's outstanding shares as of June 16, 2025.

IZEA Worldwide has commenced a modified "Dutch auction" tender offer to repurchase up to $8,700,000 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 120% of our 90-day volume-weighted average purchase price of $2.29 per share through May 12, 2025. The Offer will commence on May 16, 2025, and expire at 5:00 p.m., Eastern Time, on June 16, 2025, unless extended or terminated.

Reports Q1 revenue $8.0M vs. $7.0M last year. "Q1 was an exceptional quarter and a giant step towards making good on our promise to accelerate our path to profitability," commented Patrick Venetucci, CEO. "We grew revenue by double-digits, nearly broke even, and generated cash - in one quarter. This is strong evidence that the transformational changes we made in Q4 2024 are working. Our new go-to-market model, cost structure and technologies are aligning and beginning to bear fruit."