IZEA Announces Intention to Commence a Modified Dutch Auction Tender Offer to Repurchase up to $8.7M of its Common Stock

Core Viewpoint - IZEA Worldwide, Inc. plans to initiate a modified "Dutch auction" tender offer to repurchase up to $8,700,000 of its common stock [1][2]. Group 1: Tender Offer Details - The tender offer will purchase shares at a price between $2.30 and $2.80 per share, with the maximum price being approximately 120% of the 90-day volume-weighted average purchase price of $2.29 per share as of May 12, 2025 [2]. - The offer will commence on May 16, 2025, and will expire at 5:00 p.m. Eastern Time on June 16, 2025, unless extended or terminated [2]. - Stockholders can tender some or all of their shares at a price within the specified range, and all accepted shares will be purchased at the same price, determined by the lowest single per-share price that allows the company to purchase up to the maximum dollar amount [3]. Group 2: Company Overview - IZEA Worldwide, Inc. is an influencer marketing company focused on creating solutions for the Creator Economy, having facilitated nearly 4 million collaborations between brands and creators since its inception in 2006 [6].