Tender Offer - IZEA Worldwide, Inc.
Form Type: SC TO-I/A
Filing Date: 2025-06-18
Corporate Action: Tender-offer
Type: Update
Accession Number: 000149523125000120
Filing Summary: This document amends and supplements the Tender Offer Statement originally filed by IZEA Worldwide, Inc. on May 16, 2025. The company offered to purchase up to $8,700,000 in value of its common stock with a price ranging from $2.30 to $2.80 per share. The offer expired on June 16, 2025, at 5:00 p.m. Eastern Time, with 38,682 shares properly tendered and accepted for purchase at a total cost of approximately $108,310. The company issued a press release on June 18, 2025, announcing the final results of the offer, which are summarized in the amended Schedule TO, incorporating information from various exhibits, including the Offer to Purchase and related documents.
Additional details:
Tender Offer Price: $2.30 to $2.80
Total Shares Tendered: 38,682
Total Cost Of Tendered Shares: $108,310
Offer Expiration Date: 2025-06-16
Form Type: SC TO-I/A
Filing Date: 2025-06-17
Corporate Action: Tender-offer
Type: Update
Accession Number: 000149523125000115
Filing Summary: On June 17, 2025, IZEA Worldwide, Inc. issued a press release announcing interim results of its tender offer, which had expired on June 16, 2025, at 5:00 p.m. Eastern Time. The tender offer focused on purchasing up to $8,700,000 in value of its common stock, with a purchase price set between $2.30 and $2.80 per share. The offer is part of the Schedule TO Amendment No. 1 submitted to the SEC to update and supplement previously filed documents and includes references to the originally filed Offer to Purchase and related Letter of Transmittal.
Additional details:
Title Of Class Of Securities: Common Stock
Cusip Number: 46604H204
Offer Price Range: $2.30 to $2.80
Maximum Amount Of Offer: $8,700,000
Form Type: SC TO-I
Filing Date: 2025-05-16
Corporate Action: Tender-offer
Type: New
Accession Number: 000149523125000107
Filing Summary: IZEA Worldwide, Inc. filed a Tender Offer Statement on Schedule TO to purchase up to $8,700,000 worth of its common stock at a price range of $2.30 to $2.80 per share, net to the seller in cash. The Offer complies with Rule 13e-4 of the Securities Exchange Act of 1934. The document includes the details of the offer, including the address of the subject company and information about the offer's terms and conditions as set forth in the attached Offer to Purchase and Letter of Transmittal. The filing states that as of May 12, 2025, there are approximately 16,926,102 shares of common stock issued and outstanding. The offer is structured as an issuer tender offer and does not require any regulatory approvals. The filing also mentions the engagement of Broadridge Financial Solutions, LLC as the Depositary and MacKenzie Partners as the Information Agent.
Additional details:
Issuer Name: IZEA Worldwide, Inc.
Offer Value: $8,700,000
Price Per Share Min: $2.30
Price Per Share Max: $2.80
Cusip Number: 46604H204
Contact Name: Patrick Venetucci
Contact Title: Chief Executive Officer
Contact Address: 1317 Edgewater Drive, #1880, Orlando, FL 32804
Contact Phone: (407) 674-6911
Form Type: SC TO-C
Filing Date: 2025-05-13
Corporate Action: Tender-offer
Type: New
Accession Number: 000149523125000103
Filing Summary: IZEA Worldwide, Inc., a leading influencer marketing company, announced its intention to commence a modified Dutch auction tender offer to repurchase up to $8.7 million of its common stock. The tender offer will allow stockholders to sell shares at a price not less than $2.30 and not more than $2.80 per share, reflecting a price that is approximately 120% of the company's 90-day volume-weighted average purchase price of $2.29 as of May 12, 2025. The offer is set to commence on May 16, 2025, and will expire on June 16, 2025, unless extended or terminated. The company encourages stockholders to review the tender offer statement and related materials once available, which will be filed with the SEC. This announcement serves as preliminary communication before the commencement of the tender offer, with no offer being made yet in any jurisdiction where it would be unlawful.
Additional details:
Title Of Class: Common Stock
Cusip Number: 46604H204
Maximum Tender Offer Price: 2.80
Minimum Tender Offer Price: 2.30
Total Amount Repurchased: 8,700,000
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