IZEA Completes Sale of $35 Million Through Its ATM Offering

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Company Raises $75M in Total Gross Proceeds Since June 2020Orlando, Florida, April 15, 2021 (GLOBE NEWSWIRE) — IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier supplier of influencer advertising expertise, knowledge, and providers for the world’s main manufacturers, introduced right this moment that it has accomplished gross sales of roughly $35 million of its widespread shares pursuant to the Company’s At-The-Market (ATM) Offering established on January 25, 2021 (the “ATM Sales”), by means of National Securities Corporation (“National”), performing as gross sales agent. In the ATM Sales, an mixture of 7,028,132 widespread shares have been issued to buyers at a median at-the-market worth of $4.98 a typical share. A $75 million shelf registration assertion on Form S-3 (together with a prospectus) referring to IZEA’s securities was filed with the SEC and have become efficient on June 2, 2020. The whole gross proceeds raised underneath the Form S-3 since June 2020 is roughly $75 million, exhausting the entire quantity accessible underneath the Shelf registration. National Securities Corporation, member FINRA/SIPC, a number one full service impartial brokerage, funding banking and asset administration agency, acted because the unique promoting agent within the deal. This press launch doesn’t represent a suggestion to promote or solicitation of a suggestion to purchase any securities within the ATM providing. Nor shall there be any sale of these securities in any state or jurisdiction through which such providing, solicitation, or sale can be illegal previous to the registration or qualification underneath the securities legal guidelines of any such state or jurisdiction.   About IZEA Worldwide, Inc.IZEA Worldwide, Inc. is a advertising expertise firm offering software program {and professional} providers that allow manufacturers to collaborate and transact with the complete spectrum of right this moment’s high social influencers and content material creators. The firm serves as a champion for the rising Creator Economy, enabling people to monetize their content material, creativity, and affect. IZEA launched the trade’s first-ever influencer advertising platform in 2006 and has since facilitated almost 4 million transactions between on-line patrons and sellers. Leading manufacturers and companies companion with IZEA to extend digital engagement, diversify model voice, scale content material manufacturing, and drive measurable return on funding. Safe Harbor StatementAll statements on this launch that aren’t based mostly on historic reality are “forward-looking statements” supposed to qualify for the protected harbor from legal responsibility established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements, that are based mostly on sure assumptions and describe our future plans, methods and expectations, can typically be recognized by the use of forward-looking phrases equivalent to “could,” “will,” “would,” “might,” “ought to,” “count on,” “anticipate,” “hope,” “estimate,” “consider,” “intend,” “probably,” “initiatives,” “plans,” “pursue,” “technique” or “future,” or the damaging of these phrases or different phrases or expressions of related that means.  Examples of forward-looking statements embrace, amongst others, statements we make relating to expectations regarding IZEA’s potential to extend income and bookings, development or upkeep of buyer relationships, and expectations regarding IZEA’s enterprise technique. Forward-looking statements contain inherent dangers and uncertainties which might trigger precise outcomes to vary materially from these within the forward-looking statements, because of this of numerous elements together with these described in IZEA’s periodic reviews filed with the Securities and Exchange Commission. The forward-looking statements made on this launch converse solely as of the date of this launch, and IZEA assumes no obligation to replace any such forward-looking statements to replicate precise outcomes or adjustments in expectations, besides as in any other case required by federal securities regulation.

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