IZEA Announces $5 Million Share Repurchase Program

Core Viewpoint - The company believes its core business, technology assets, and cash reserves are currently undervalued by the market, as evidenced by year-over-year growth in bookings and an increase in its pipeline, which have not yet impacted its stock price [1][5]. Share Repurchase Program - The Board of Directors has authorized a share repurchase program allowing the company to buy back up to $5 million of its common stock, subject to market conditions and insider trading policies [5]. - The repurchase may occur through various methods, including open market transactions and block trades, with the timing and number of shares dependent on factors such as price and trading volume [2]. Company Overview - IZEA Worldwide, Inc. is a marketing technology company that facilitates collaboration between brands and social influencers, contributing to the Creator Economy [3]. - Since launching the first influencer marketing platform in 2006, the company has facilitated nearly 4 million transactions, helping brands enhance digital engagement and achieve measurable returns on investment [3].