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IZEA Announces Final Results of its Modified Dutch Auction Tender Offer
IZEAIZEA(US:IZEA) Globenewswireยท2025-06-18 13:00

Core Points - IZEA Worldwide, Inc. announced the preliminary results of its modified "Dutch auction" tender offer to repurchase up to 8,700,000 shares at a price of $2.80 per share, which expired on June 16, 2025 [1] - A total of 38,682 shares were properly tendered and accepted for purchase, representing approximately 0.23% of the company's outstanding shares, at an aggregated cost of about $108,310 [2] - Following the tender offer, approximately $8.6 million will remain outstanding under the company's stock repurchase obligations [3] Company Overview - IZEA 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 [5]