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Stock impact report

IZEA Announces Pricing of its Public Offering of Common Stock

IZEA Worldwide, Inc. (IZEA) 
NASDAQ:AMEX Investor Relations: izea.com/investors
Company Research Source: GlobeNewswire
Orlando, Florida, May 08, 2019 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (“IZEA”)(NASDAQ: IZEA), operator of IZEAx®, the premier online marketplace connecting brands and publishers with influential content creators, announced today that it has priced an underwritten registered public offering of 14,285,714 shares of its common stock at a public offering price of $0.70 per share, for total gross proceeds of approximately $10.0 million. The net proceeds, after the underwriting discount, but before estimated expenses of the offering payable by IZEA, are expected to be $9.4 million. All shares of common stock to be sold in the offering will be sold by IZEA. The offering is expected to close on or about May 10, 2019, subject to the satisfaction of customary closing conditions. IZEA intends to use the net proceeds from the offering to finance its growth strategy and the balance for working capital and general corporate purposes. Craig-Hallum Capital Group LLC is acting as the sol Show less Read more
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