Izea commences modified dutch auction tender offer to repurchase stock

IZEA (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.